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$70,700

NAL Estimated Property Value

209 E Thomas Street, Leonard, TX, 75452

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,000 sqft

Land Information

APN90512
Lot Number5,6
Land UseResidential
Legal DescriptionWILSON PENDERGRASS ADDN, BLOCK 4, LOT 5,6, ACRES 0.3214
Census Tract950701
Assessed Land Value$70,700
Assessment Year2025

About this property

Welcome to this fantastic residential lot located in the charming Fannin County town of Leonard, Texas! This property is situated in an established neighborhood that is currently experiencing a revitalization phase, making it an ideal location to build your dream home. The lot is generously sized, providing ample space for a spacious and comfortable home with plenty of room for outdoor living and entertainment. The property also features large trees, adding to the natural beauty of the lot and creating a serene and peaceful environment. This is a unique opportunity to own a property in a town that offers small-town charm and a friendly community atmosphere while being close to the conveniences of larger cities. Don't miss out on the chance to make this lot your own and build the home of your dreams in a location that is sure to exceed your expectations.

Investor Tools

Property Icon
$70,700
Estimated Property Value
$0Estimated Mortgage Balance
$70,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$424 /month
Positive
Cash Flow Estimate:
$141 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,811
$70,700
2025
$70,700
N/A
$70,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,811
$70,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,700
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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209 E Thomas Street | Property Details | No Agent List