Discover this piece of land, spanning 23.95 acres in Leonard, TX, just 3 miles from Downtown Leonard. Located off Hwy 78 on County Road 4840, this property offers easy access via a gravel road and is surrounded by four well-maintained homes, creating a welcoming neighborhood feel. The land is flat and fully fenced, featuring a serene stock pond, making it ideal for various uses. The east boundary is beautifully lined with trees, offering privacy and natural beauty. Situated on a quiet country road, this property is peaceful and serene, while still being conveniently close to town. Whether you're looking to build a single home or multiple homes, community water and electricity are already available on-site to streamline the process. This versatile land provides endless possibilities. Don’t miss the chance to turn your dreams into reality—let’s explore this incredible property together!
Directions: Take HWY 121 From Melissa to Hwy 160 turn right on 160 go .75 of Mile to Hwy 79 turn left go to Leonard to Hwy 69 turn left go to State Hwy 78 turn right go about 2.5 miles County Road 4840 on right turn right sign in front of property. Has a RV sitting out in field.
Price Information
Listing Price Info
Price Summary:
List Price: $995,000
Tax Information:
Annual Amount: $2,871
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Leonard, TX.
Last updated on: 11/24/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,871
$192,690
2019
$2,871
$176,160
2018
$2,871
$163,200
2017
$2,209
$119,520
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,034
Per Month
Principal & Interest
$4,967
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,050
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Leonard Intermediate School
501 E Hackberry St
Distance between this listing and this school2.75 miles
Public District Grades 4-5
7
/10
Leonard Elementary School
300 E Mulberry St
Distance between this listing and this school2.94 miles
Public District Grades PK-3
4
/10
Wolfe City Elementary School
505 W Dallas St
Distance between this listing and this school7.55 miles
Public District Grades PK-5
Nearby Schools
6
/10
Leonard Jr High School
500 E Hackberry
Distance between this listing and this school2.81 miles
Public District Grades 6-8
6
/10
Wolfe City Middle School
553 W Dallas St
Distance between this listing and this school7.52 miles
Public District Grades 6-8
6
/10
Celeste Jr High School
200 S 5th St
Distance between this listing and this school7.82 miles
Public District Grades 6-8
Nearby Schools
5
/10
Leonard High School
1002 N Poplar St
Distance between this listing and this school2.77 miles
Public District Grades 9-12
6
/10
Wolfe City High School
8353 State Highway 34 N
Distance between this listing and this school7.59 miles
Public District Grades 9-12
7
/10
Celeste High School
609 FM 1562
Distance between this listing and this school7.99 miles
The neighbors living near this home have an average income of $85,090. The majority of Leonard, TX residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 320 County Road 4840
What is the listing price of this property?
The listing price of 320 County Road 4840 property is $995,000.
What type of property is this?
The property 320 County Road 4840 is land located in Leonard, Texas, 75452.
Is this property for sale now?
Active Listing: 320 County Road 4840 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,871 (source: MLS/based on county public records data).
How much acreage is this property?
The property 320 County Road 4840 is 23.95 acres.
Interested in 320 County Road 4840? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 320 County Road 4840 in Leonard, TX and zip code 75452. This home sits on a 23.95 acre lot. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $995,000.
Between September 2024 and October 2024, Leonard, TX real estate market has seen increase in the number of listings by 8.1%. The median list price of listings available in October 2024 was $427,000, while the average time on the real estate market was 136 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Hunting
Hunting
NASCAR
Pro Wrestling
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
Oldsmobile
Classic Country
New Country
Oldies