0 Fm 815Leonard, TX null

For Sale
$2,600,000
Texas farmland, excellent development potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 107-acre agricultural property presents a unique investment opportunity in Leonard, Texas. Located conveniently on FM 815, this land boasts a desirable location free from floodplain restrictions. The property is zoned for agricultural use, offering versatility for various farming endeavors or future development projects. Infrastructure is already in place, including an existing 2.5-inch water line directly on FM 815, and a 4-inch line conveniently situated on CR 4920. This ensures ready access to water resources, a significant advantage for agricultural operations or potential development. The asking price for this expansive tract is $2,600,000. Note that an additional 107 acres is available for purchase, presenting the possibility of acquiring a significantly larger landholding. The property's ideal size and location make it particularly well-suited for a new platted development of 1-5 acre lots, offering substantial potential for future growth and return on investment. The APN for this property is 71852. This is a rare opportunity to acquire prime Texas farmland with excellent development potential. Serious inquiries are encouraged.

Highlights

  • Excellent 1-5 acre site for new subdivision development.
  • Prime location with high visibility and easy access to major thoroughfares.
  • Zoned for multi-family residential use, allowing for high-density development.
  • Utilities readily available at the site, minimizing development costs.
  • Strong market demand for new housing in this area, promising high ROI.

Property Details for 0 Fm 815

Property type
Land, Farms
Lot Size (sq. ft)
4,660,920 SF

Location Insight

City
Leonard
County
Fannin
State
Texas
Latitude
33.38035
Longitude
96.3428
Fm 815, Leonard, Texas

FAQs

What type of property is this?
Land - Texas farmland, excellent development potential.
Where is the land located?
The property is located at Fm 815 Leonard, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Excellent 1-5 acre site for new subdivision development.; Prime location with high visibility and easy access to major thoroughfares.; Zoned for multi-family residential use, allowing for high-density development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Fm 815
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