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$488,000

NAL Estimated Property Value

1213 County Road 4870, Leonard, TX, 75452

Off MarketInfo
Baths0 Bath
Baths2,269 Sq Ft
RanchRanch
Year BuiltBuilt in 2024

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesOther
Lot Size4.79 acres

Building Information

Year Built2024

Land Information

APN80238
Land UseResidential Single Family
Legal DescriptionA0769 M MOORE, ACRES 4.788
Census Tract950701
Assessed Land Value$241,940
Assessed Improvement Value$178,710
Assessment Year2025

About this property

LOOK NO FURTHER!!! Charming 9.575+- acres, nice area with large Ranches, just minutes from the quaint lil' town of Leonard, TX!! This one has it ALL!! Improved pasture, perimeter fencing, nice entry with flag pole & mailbox in place, water meter that conveys, electric at road, some mature trees at back of property, wet weather creek-neighbors pond overflow;that would work beautifully as a great sight for a pond or small private lake. Absolutely a great location,8 min to Leonard, 25 min-less to Greenville & Commerce, 30 min from Sherman & McKinney & about an hour to Dallas.Come see this gorgeous property with your ideas & house plans ~ this one want last long!!Ag Exempt. See DEED RESTRICTIONS in Transaction Desk

Investor Tools

Property Icon
$488,000
Estimated Property Value
$30,084Estimated Mortgage Balance
$457,916Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$102
$420,650
2025
$241,940
$178,710
$420,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$102
$420,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of Thte State Of
Conventional
$41,500
No
First
Jan 2, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,084
$457,916
93%
6%
$0/mo

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.

Explore Texas Explore This Area
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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1213 County Road 4870 | Property Details | No Agent List