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$155,000

NAL Estimated Property Value

1096 County Road 4855, Leonard, TX, 75452

$179,652 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,497 Sq Ft
FarmFarm
price_per_sqft$103.54 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesBuilt-In Gas Range, Dishwasher
FlooringCarpet, Laminate, Wood

About this property

This 100 year old classic Prairie style farmhouse is ready to become a showplace once again. Some gems still remain, including wide trim work, original doors, original hardwoods, metal roof; lots to work with. Prefer a modern farmhouse? The crawlspace foundation makes reconfiguring the layout an affordable option. The house has just under 1200 sf on the main floor and 300 sf upstairs, along with a detached 684 sf workshop. The property is being sold as-is. Water meter and electric in place. Beatuiful 5 acres with a few trees in close proximity to Leonard. 30 minutes to McKinney, Greenville and Sherman; 20 to Bonham. County maintained road.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$179,652
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Leonard

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1096 County Road 4855 | Property Details | No Agent List