TBD HWY 78 Street
Leonard, TX 75452
$2,550,000
51.82 acres
Description
Exceptional opportunity to acquire slightly over 51 acres across two parcels in the fast-growing community of Leonard, TX. The property is currently AG exempt with cattle grazing while offering outstanding development potential. The seller has secured a development agreement with the city allowing for a residential subdivision featuring 40' and 50' homesites. The property is available for purchase as raw land, fully entitled (paper) lots with 40' and 50' homesites, a 1-acre estate lot development, or finished lots ready for a home builder, providing flexibility for builders, developers, and investors. Ideally suited for either a high-density residential community or a larger estate-style neighborhood, this property is located in a rapidly growing area with excellent schools, including a brand-new elementary school, making it well positioned to meet strong housing demand. Additional adjoining acreage may also be available for purchase, creating the opportunity for an even larger development. Bring all offers.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Leonard Elementary School | PK - 3 | Regular |
| Leonard Intermediate School | 4 - 5 | Regular |
| Leonard Jr High School | 6 - 8 | Regular |
| Leonard High School | 9 - 12 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.