
Land with Home for Sale in Leonard, Texas
19491 FM 981, Leonard, TX 75452
Spacious ranch-style property situated on approximately 5.29 acres in Leonard, TX, featuring two homes and multiple improvements. The main residence offers 6 bedrooms and 3 bathrooms with a covered deck, outdoor grilling area, and ample living space. The guest home, built in 2022, includes 2 bedrooms and 2 bathrooms, ideal for multi-generational living, rental income, or guest accommodations. The property also includes a large barn with workshop space, areas for livestock and chickens, corral, and covered space for equipment and vehicles. A large water-reserve pond, fencing, and open pasture provide excellent functionality for agricultural or recreational use. Additional features include generous storage and closet space, outdoor bathroom, and multiple outdoor entertaining areas. This versatile property offers endless potential for residential, agricultural, or income-producing use, all in a peaceful country setting with convenient access to town.
Location
- Street address
- 19491 FM 981
- County
- Collin County
- Zip code
- 75452
- Community
- Serrano Add
- School district
- Leonard ISD
- Elevation
- 655 feet
Directions
Use Gps. From Hwy 69 in Leonard, head north on FM 981. Continue approximately 4-5 miles. Property will be on the right. Look for sign.
Property details
- Acreage
- 5.285 acres
- MLS #
- NTREIS 21185683
- Posted
Property taxes
- Recent
- $10,009
Parcels
- R1197500A00401
Legal description
SERRANO ADDITION, BLK A, LOT 4; * REPLAT *
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Acreage, Pond On Lot
Exterior
- Parking
- Carport, Covered, Garage
- Fencing
- Fenced
- Pool
- Deck, Patio, Porch
- Structures
- Barn(s), Storage
- Features
- Barbecue, Built In Barbecue, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air
- Materials
- Brick, Wood Siding
- Roof
- Composition, Shingle
Interior
- Rooms
- Bathroom x 7, Bedroom x 8
- Flooring
- Carpet, Combination, Laminate, Tile, Wood
- Appliances
- Built In Gas Range
- Features
- Built In Features
Nearby schools
| Name | Type | District |
|---|---|---|
| Leonard | Elementary | Leonard ISD |
| Leonard | Middle | Leonard ISD |
| Leonard | High | Leonard ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 15, 2026 | Price drop | $689,999 | $10,000 -1.4% | NTREIS |
| May 16, 2026 | Price drop | $699,999 | $25,001 -3.4% | NTREIS |
| Apr 8, 2026 | Price drop | $725,000 | $14,000 -1.9% | NTREIS |
| Mar 29, 2026 | Price drop | $739,000 | $6,000 -0.8% | NTREIS |
| Mar 18, 2026 | Price drop | $745,000 | $2,000 -0.3% | NTREIS |
| Mar 12, 2026 | Price drop | $747,000 | $2,000 -0.3% | NTREIS |
| Mar 3, 2026 | Price drop | $749,000 | $1,000 -0.1% | NTREIS |
| Feb 21, 2026 | New listing | $750,000 | — | NTREIS |




































