

$153,000
NAL Estimated Property Value6894 Fm 1553, Leonard, TX, 75452
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About this property
Here is your opportunity to own a slice of Texas at a reasonable price. This half acre of land is on a blacktop FM road with approximately 138 feet of frontage. Electric and water service is already onsite. Additionally, the owner reports an existing septic is present. The old home was demolished and the concrete slab remains. Location is important and you are minutes from downtown Leonard and close to State Highway 121. The location is unincorporated and there are no deed restrictions and no flood plain. You have options to bring your manufactured home, build a new home, hold for investment or develop. Information is deemed reliable but buyer should perform due diligence. Graphic boundary is approximate.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Leonard
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