0000 County Road 5040
Leonard, TX 75452
$1,600,000
Ranch · 64.5 ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
Discover the perfect blend of peace, productivity, and convenience on this exceptional 65± acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living.
Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop.
Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. Whether you're expanding a livestock operation, looking for a private weekend getaway, or ready to build your dream home, this property delivers.
Don't miss this rare opportunity to own a scenic, well-equipped ranch in a prime location.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of Wakeland Real Estate — Mark Wakeland.
Where it is
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$1,600,000
4 bd · 3.5 ba · 3,660 sq ft · 48.5 ac
4905 County Road 1134
Leonard, TX 75452
Listing courtesy of Decorative Real Estate
$1,385,000
Land · 69.25 ac · $20K/ac
Tbd 69.254 Ac FM 1553
Leonard, TX 75452
Listing courtesy of Keller Williams Prosper Celina
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20897443. Information last updated September 21, 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
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