




$619,000
NAL Estimated Property Value7939 S State Highway 78, Leonard, TX, 75452
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About this property
MAJOR PRICE REDUCTION. Priced aggressively at land value with over 17 acres, multiple access points, and no restrictions. Rare opportunity in this area just outside Leonard, where privacy, versatility, and recent upgrades converge on a sprawling 17.6-acre property with no restrictions and dual road access from both State Highway 78 and County Road 3701. Set back from view with gated access, this private homestead features a 3-bed, 2-bath main home with extensive upgrades: roof (2023), HVAC (2024), windows (2025), new interior doors, paint, fixtures, thermostat, and tile in the bedrooms (5 years old). The kitchen is fully updated, featuring 10K in new cabinetry and modern finishes. The guest bath includes a newly replaced shower and a new vanity and sink. Built on an 8-inch post-tension slab with two-foot piers. A 640 sq ft (16x40) tiny home with its own entrance off CR 3701 includes 2 bedrooms, a bathroom, a full kitchen, and a living room—ideal for guests, rental income, or extended family. The property also includes a 12x16 barn with a storage loft, a 10x20 red storage shed (spray foam insulated) attached to a two-stall carport, and an 8x20 blue shed attached to a three-stall carport. Additional features include a fenced garden and a livestock feeding and grazing area. The entire property is fully fenced and extremely private. The main home is not visible from FM 68 or Hwy 78. Property may be subdivided. Area highlights: Minutes from Bois d’Arc Lake, now open for boating, fishing, and recreation, and the future Lake Ralph Hall, projected to be completed by 2026. These two major reservoirs are transforming the region into a recreational and residential destination with increasing long-term value. No restrictions. Bonham ISD. A move-in-ready, high-potential property offering privacy, functionality, and investment upside.
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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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