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0000 County Road 5040

Leonard, Texas 75452
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Acres64.50

Acres(Lot)

Discover the perfect blend of peace, productivity, and convenience on this exceptional 65± acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living. Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. Whether you're expanding a livestock operation, looking for a private weekend getaway, or ready to build your dream home, this property delivers. Don't miss this rare opportunity to own a scenic, well-equipped ranch in a prime location.

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Detail Ic Property Details

Property Type : Land

Price : $1,600,000

AD Id : 63865158

MLS Id : 453613138

Lot Size : 64.50 Acres(Lot)

County : Fannin

Subdivision: Magnolia Add Ph B

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Feature Features

  • Utilities

    Co-op Electric,Co-op Water,Electricity Available,Electricity Connected,Gravel/Rock,Septic

  • Building Information

    Built Year: 1950
  • Fencing

    Barbed Wire,Pipe

  • Lot Information

    Lot Size (Acr): 64.4980 Lot Size Units: Acres Lot Size Square Feet: 2,809,533 Lot Size Source: Assessor Lot Features: Acreage,Agricultural,Cleared,Few Trees,Level,Lrg. Backyard Grass,Cedar,Oak,Pasture,Sloped,Tank/ Pond
  • Property Information

    Property Type: Land Property Sub Type: Ranch Subdivision: T H Stovall A1089 City: Leonard State: Texas Directions: Use GPS maps to County Road 5040, Leonard, Texas. Go east on CR 5040 to dead end of road. Property and entrance gate on the left (north side of road). Look for realtor sign on entrance gate. Property Status: Active Property Age: 76

  • Listing Price Information

    Original List Price: $1,600,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 000000084369 Tax Legal Description: A1090 J W STOVALL, ACRES 20. Unexempt Taxes: $1,254

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Leonard High School: Leonard Junior High School: Leonard Intermediate School: Leonard School District: Leonard ISD
  • Utility Information

    Utilities: Co-op Electric,Co-op Water,Electricity Available,Electricity Connected,Gravel/Rock,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD County Road 3120, Leonard, TX, 75452 $3,232,500 -- -- -- 215.50 Acres(Lot)
7939 S State Highway 78, Leonard, TX, 75452 $624,999 3 2 2,118 17.62 Acres(Lot)
TBD Mcilrath Road, Leonard, TX, 75452 $75,000 -- -- -- 1.10 Acres(Lot)
TBD 289 & 331 Mciirath .., Leonard, TX, 75452 $189,000 -- -- -- 3.20 Acres(Lot)
TBD 2 Mcilrath Road, Leonard, TX, 75452 $75,000 -- -- -- 1.10 Acres(Lot)
TBD Fm Hwy 272, Leonard, TX, 75452 $760,125 -- -- -- 77.17 Acres(Lot)
23 +/- ACRES County Rd .., Leonard, TX, 75452 $922,520 -- -- -- 23.06 Acres(Lot)
TBD Cr 4841 Tract 2, Leonard, TX, 75452 $340,000 -- -- -- 21.40 Acres(Lot)
TBD Cr 4841 Tract 1, Leonard, TX, 75452 $340,000 -- -- -- 21.40 Acres(Lot)
000 Tbd Fm 272, Leonard, TX, 75452 $1,222,491 -- -- -- 126.03 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/07/2026 @ 05:44

MLS: 453613138 LISTED BY: Mark Wakeland, Wakeland Real Estate 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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