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Tbd Fm 981
Leonard, Texas 75452

County: Collin NA

This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. The property includes three ponds, the largest covers approximately 2.5 acres. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. The property is a short distance from the latest technically preferred alignment route for the Collin County Outer Loop. The land is currently under agricultural use (hay) and has four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning.

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Essential Information

  • Price$1,155,000
  • Cumulative Days on MarketUnlock
  • MLS® #21423033
  • Acres63.59
  • TypeLand
  • Sub-TypeImproved Land
  • StatusActive
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Quick Valuation Analysis from 13 Active and 8 Sold Listings

Pricing Trends from 13 Active Listings in NA

This Home's Price $1,155,000 This Home's Price Per SqFt $
Average Price $576,892 Average Price Per SqFt $
Highest Price $2,550,000 Highest Price Per SqFt $
Lowest Price $62,500 Lowest Price Per SqFt $

Pricing Trends from 8 Sold Listings in NA

This Home's Price $1,155,000 This Home's Price Per SqFt $
Average Price $153,750 Average Price Per SqFt $
Highest Price $889,000 Highest Price Per SqFt $
Lowest Price $35,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressTbd Fm 981
  • SubdivisionNA
  • CityLeonard
  • CountyCollin
  • StateTexas
  • Zip Code75452
  • HOANone
  • UtilitiesCo-op Electric, Co-op Water, Individual Water Meter
  • Taxes201

Exterior

  • Exterior FeaturesStable/Barn
  • FenceBarbed Wire
  • Lot DescriptionAcreage, Agricultural, Few Trees, Oak, Sloped, Tank/ Pond

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingNone

Additional Information

  • ZoningNone

Private Listing Information (Registration Required)

Listing Details

  • AgentJimmy Wortham
  • OfficeBois D'arc Realty, Llc

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 6th, 2026 at 6:00am CST.