TBD 2 Acres Fm-896, Leonard, TX 75452
Valley Creek Country Estates · Fannin County
Key Facts
Description
Build Your Dream Home on a Rare 2-Acre Lot in Valley Creek Country Estates. Discover the perfect blend of peaceful country living and modern convenience with this rare 2-acre homesite in the highly sought-after Valley Creek area in Leonard, Texas. Nestled in a serene and scenic setting, this unique property offers a rare opportunity to build the custom home you’ve always envisioned. This property benefits from light deed restrictions designed to protect and preserve the charm, value, and integrity of the community. Enjoy the privacy and tranquility of country living while still being just 30+ or - minutes from McKinney, Sherman, and Greenville—ideal for commuters or those seeking a weekend retreat. Access to the property is flexible: you may use FM 896 as an entry point (with proper approvals), or take advantage of the private easement along the side of 3837 FM 896 that leads directly to the property. Property Highlights: 2-acre residential lot in a peaceful, established country estate community, light deed restrictions (no mobile homes) to maintain community standards, multiple access options, conveniently located near major cities while offering rural charm. Utilities available —*** Water: Contact Arledge Ridge Water Supply Corp. (Engineer's Report is required for Water Meter approval and Sellers will order and pay for Engineer's Report upon accepted offer) ***Electricity: Contact Fannin County Electric. Don't miss your chance to own a beautiful piece of land in one of Leonard’s most desirable areas. Bring your vision—and your builder—and start planning your forever home today. See Transaction Desk for Deed Restrictions. One acre next to this property is listed as well MLS 2107876.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
2.00 acres
Days on Market
336
MLS® Listing#
21017939
Property Features
Utilities
Schools
- Elementary:
- Leonard
- Middle:
- Leonard
- High:
- Leonard
- District:
- Leonard ISD
Financial Details
Annual Taxes
$2,072
Parcel Number
000000090254
Directions
From McKinney: From US-75, take Exit 44 for TX-121 N toward Bonham. Go 20 miles, then take exit US-69 to Whitewright-Leonard and turn right onto US-69. Go 6 miles then turn left onto FM 896 and go 2.3 miles and you will see the sign on the left-West side of the road. Use 3837 FM 896, Leonard
Affordability Calculator
$31,000
Estimated monthly payment
$825/mo
Principal $124,000 · Est. interest $172,991 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Leonard, TX
- $464,286
- Median Listing Price
- 75
- Median Days on Market
- 2,237
- Median Sq Ft
- $212
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 67% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Leonard, TX.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 400/402 W Hunt Street, Leonard, TX | $114,900 | — | — | — |
| 177 S Westlake Drive, Leonard, TX | $115,000 | — | — | — |
| 402 W Fannin Street, Leonard, TX | $117,500 | 2 | 1 | 920 |
| TBD Lot 1 FM 981, Leonard, TX | $129,000 | — | — | — |
| 207 S Cedar Street, Leonard, TX | $150,000 | 3 | 2 | 1,353 |
| TBD County Road 4925, Leonard, TX | $150,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Sudderth Real Estate, Inc. - 903-587-3301
Presented by: Deann Hicks
Last Updated: 2025-07-30