TBD HWY 78 Street
Leonard, TX 75452
$2,550,000
Land · 51.82 ac · $49K/ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
One moment…
Everyday life
Your places stay on this device. We never sell or share them. Read the full privacy policy
Listing courtesy of BLVD Real Estate — Haden Stinson.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
What a listing cannot tell you: the street, the timing, the leverage. That is our work.
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21346065. Information last updated August 3, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
Want us to watch this for you?
Price drops, status changes, new matches — straight to your inbox. One email address is all it takes. No password, ever.
