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L3 Property Group

l3team@luxelandlifestyle.com +1(817) 556-1153

$ 1,155,000

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TBD FM 981 Leonard, TX 75452

63.59 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 21423033

HOA Y/N No

Annual Tax Amount $201

Lot Size 63.589 Acres

Acres 63.589

Property Sub-Type Improved Land

Property Description

This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. There are plans underway to widen FM 981, which is scheduled to intersect with the proposed Collin County Outer Loop. The land is currently under agricultural use (hay) and features three ponds, four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning associated with the property.

Location

State TX

County Collin

Zoning None

Direction From HWY 78, south on FM 981 approximately 3.2 miles, property is on the west side of FM 981.

Rooms

Other Rooms Barn(s), Stable(s)

Interior

Heating None

Fireplace No

Exterior

Fence Barbed Wire

Utilities Available Electricity Available, Separate Meters, Water Available

Water Access Desc Community/Coop

Present Use Agricultural

Street Surface Asphalt

Road Frontage Farm to Market Road

Private Pool No

Building

Lot Description Acreage, Agricultural, Hardwood Trees, Pond on Lot, Sloped, Few Trees

Water Community/Coop

Additional Building Barn(s), Stable(s)

Schools

Elementary Schools Leonard

Middle Schools Leonard

High Schools Leonard

School District Leonard Isd

Others

Tax ID R616300408801

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21423033

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors

Listed by Jimmy Wortham • Bois d'Arc Realty, LLC

L3 Property Group

+1(817) 556-1153

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L3 Property Group

TBD FM 981 Leonard, TX 75452

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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TBD FM 981