Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$761,650

NAL Estimated Property Value

18672 Fm 981, Leonard, TX, 75452

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,435 Sq Ft
price_per_sqft$266.94 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size13 acres

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APNR-6163-005-1730-1
Lot Number173
SubdivisionBenjamin Clark Survey
Land UseReal Farm & Ranch Single Family
Legal DescriptionABS A0163 BENJAMIN CLARK SURVEY, SHEET 5, TRACT 173, 13 ACRES
Census Tract030102
Assessed Land Value$455,000
Assessed Improvement Value$306,650
Assessment Year2025

About this property

Seize this opportunity to create your dream oasis and escape to the tranquility and charm of the Texas countryside. Three-bedroom home with study has ample natural light pouring in through large windows. Delightful open concept in the informal living areas makes this the favorite place for family to gather. Don't miss the charming barn evoking a sense of nostalgia offering practical space for storage and or creative endeavors. The property boasts of stock tank which provides water for livestock, or such activities as fishing or kayaking. There is ample land for which is perfect for horses, livestock or for simply reveling in the panoramic view of the surrounding landscape. Adjacent to the main house lies an additional adjoining property MLS 20419402 for sale by our same seller extending your possibilities! With its boundless potential and the allure of country living, this delightful property offers a chance to embrace a slower pace of life.

Investor Tools

Property Icon
$761,650
Estimated Property Value
$0Estimated Mortgage Balance
$761,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,570 /month
Positive
Cash Flow Estimate:
$1,523 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$759
$761,650
2025
$455,000
$306,650
$761,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$759
$761,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$761,650
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
4.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

18672 Fm 981 | Property Details | No Agent List