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$155,000

TBD 2 Acres Fm-896, Leonard, TX, 75452

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build Your Dream Home on a Rare 2-Acre Lot in Valley Creek Country Estates. Discover the perfect blend of peaceful country living and modern convenience with this rare 2-acre homesite in the highly sought-after Valley Creek area in Leonard, Texas. Nestled in a serene and scenic setting, this unique property offers a rare opportunity to build the custom home you’ve always envisioned. This property benefits from light deed restrictions designed to protect and preserve the charm, value, and integrity of the community. Enjoy the privacy and tranquility of country living while still being just 30+ or - minutes from McKinney, Sherman, and Greenville—ideal for commuters or those seeking a weekend retreat. Access to the property is flexible: you may use FM 896 as an entry point (with proper approvals), or take advantage of the private easement along the side of 3837 FM 896 that leads directly to the property. Property Highlights: 2-acre residential lot in a peaceful, established country estate community, light deed restrictions (no mobile homes) to maintain community standards, multiple access options, conveniently located near major cities while offering rural charm. Utilities available —*** Water: Contact Arledge Ridge Water Supply Corp. (Engineer's Report is required for Water Meter approval and Sellers will order and pay for Engineer's Report upon accepted offer) ***Electricity: Contact Fannin County Electric. Don't miss your chance to own a beautiful piece of land in one of Leonard’s most desirable areas. Bring your vision—and your builder—and start planning your forever home today. See Transaction Desk for Deed Restrictions. One acre next to this property is listed as well MLS 2107876.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

Interested in this property?

Deann Hicks

Sudderth Real Estate, Inc.

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Financing Details

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

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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TBD 2 Acres Fm-896 | Property Details | No Agent List