Address
792 County Road 4945, Leonard, TX
Price
$ 3,750,000
Property Attributes
  • MLS#20516049
  • TypeSingle Family
  • CountyFANNIN
  • CityLeonard
  • NeighborhoodP W Price Surv Abs #1253
  • Zip75452
  • StyleFarm/Ranch
  • Year Built2018
  • Taxes$ 9288
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage8065
  • Lot Size14.896 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Incredible opportunity to purchase Magnolia Grace Ranch, an almost 15 acre wedding & events venue just off Hwy 78 in Leonard, TX. This beautiful property is divided by a creek with a newly installed culvert to allow driving between the two sides. The venue is located on the county road side and a beautiful meadow covers the back half of the property. The options for the back half include but are not limited to another venue, AirBnB sites, or outdoor event space. The stunning venue features over 8,000 AC sf plus over 4,000 of covered patios. Three wedding sites are already in place with countless other options available. There is a stocked pond adjacent to the venue that makes for a dramatic backdrop for any event. Separate bathrooms, bride and groom suites, catering kitchen, bar, loads of storage, and 2 upstairs lofts offer lots of space. The towering ceiling in the main event space is breathtaking. Events are booked through the end of 2023 and well into 2024. Ag exemption

Elementary School
Leonard Elementary School
Price History
1/19/2024 Listed $3,750,000

General Features

Heating Electric
Cooling Central Air
Utilities City Water,Electricity Connected
Possession Closing/Funding
Roof Metal
Appliances Other
current use Agricultural,Commercial
School District Leonard ISD
Year Built 2018
Levels Two
Unexempt Taxes 9288
Will Subdivide Yes
Property SubType Farm/Ranch
Subdivision Name P W Price Surv Abs #1253
Transaction Type For Sale
Carport Spaces 2
County Fannin
Property Type Residential
Construction Materials Steel Siding
Year Built Details Preowned
HOA Type None
Status Active
Directions Use GPS. Just north of Hwy 78 on CR 4945
City Leonard
Buyer Agent Compensation 3%
Elementary School Name Leonard
High School Leonard
Street Name County Road 4945
Elementary School Leonard
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20516049
Standard Status Active
Junior High School Leonard
Buyer Agent Compensation Type %

Interior Features

Interior Features Cathedral Ceiling(s),Open Floorplan
Flooring Concrete
Total Stories 2
Fireplace Features Stone
Fireplaces Total 1
Dining Areas 1
Living Areas 5
Room Count 1
Full Baths 2
Lock Box Type None
Total Baths 2

Exterior Features

Lot Features Acreage,Agricultural,Cleared,Landscaped,Many Trees
Lot Size Source Assessor
Parking Features Additional Parking,Circular Driveway,Gravel,Parking Lot
Lot Size 10 to < 50 Acres
Covered Spaces 2
Foundation Slab
Lot Size Area 14.8960
Lot Size Units Acres
Structural Style Farm/Ranch House
Road Frontage Type County Road
Lot Size Square Feet 648869.7600
Lot Size Acres 14.8960
Patio And Porch Features Covered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75452

Price
AVG $590K
$3.75M
Taxes
AVG $3,845
$9,288
Visits
AVG 312
569
Data Provided by Inside Real Estate®
Year Built
AVG 2002
2018

Areas We Cover