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Days634Days on Market
Views1view

$2,000,000

23115 S State Highway 78, Leonard, TX, 75452

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,151 Sq Ft
FarmFarm
price_per_sqft$634.72 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Wine Cooler

Exterior

Exterior FeaturesDog Run

Building Information

Year Built2021
Garage Spaces2

Land Information

APN131676
Land UseResidential
Legal DescriptionA0862 J ORR, IMP ONLY ON PID 81290 LABEL# NTA2044642
Census Tract950702
Assessed Improvement Value$60,480
Assessment Year2025

About this property

Welcome home to a place where life slows down and meaning takes root. Set on 35 breathtaking acres along the edge of Fannin and Collin counties, this is more than just a property—it’s an opportunity to build the life you’ve been dreaming about. As you pass through the gated entrance and follow the tree-lined drive, you’ll feel it—that sense of arrival. Pride of ownership, thoughtful design, and wide-open space come together in a stunning custom-built two-story home, offering over 3,100 square feet with a timeless rock and stone exterior. It’s the kind of home where memories are made, where family gathers, and where every window reminds you why you chose this life. Step outside and take it all in—rolling green pastures, three peaceful ponds, and an abundance of mature trees. It’s quiet here. Calm. A world away from the hustle and rapid growth of North Dallas, yet just 15 minutes from Highway 75, giving you the perfect balance of serenity and convenience. What truly sets this property apart is its versatility. In addition to the main home, you’ll find three additional residences—a doublewide, a singlewide, and a charming tiny home. Whether you’re bringing generations together, hosting guests, or creating income opportunities, the possibilities are wide open. This is a place to put down roots, to create a legacy, and to live intentionally. Opportunities like this—35 acres in such a prime location, rich with natural beauty, wildlife, and potential—don’t come along often. Whether you envision a private family estate, a weekend retreat, or even a thoughtfully designed community, this property invites you to dream bigger. Because at the end of the day, it’s not just about buying land—it’s about finding where you truly belong.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$0Estimated Mortgage Balance
$274,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Mark Croft

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$874
$60,480
2025
N/A
$60,480
$60,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$874
$60,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$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.

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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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