2500 FM 981, Leonard, TX 75452
OFF MARKET

$500,000

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,582 sqft (on 5 acres)

2500 FM 981, Leonard, TX 75452

Est. Refi. Payment $3,358/mo*
Refinance Your Home

Home Value

Trulia Estimate
$500K
Since last month
Increased$3K (+0.5%)
Since last year
Increased$15K (+3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +107% in the last 10 years
MonthEstimated value
2026
September 2026$498K
August 2026$496K
July 2026$496K
June 2026$509K
May 2026$506K
April 2026$498K
March 2026$491K
February 2026$481K
January 2026$476K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.68
Single-Family Home
-
08/20/26
3
2
2,053
1.11
Single-Family Home
-
12/22/25
5
3
2,422
0.79
Single-Family Home
-
07/31/26
5
3
1,929
1.28
Single-Family Home
-
12/08/25
4
2.5
3,134
1.64
Single-Family Home
-
04/29/26
5
3
2,664
1.57
Single-Family Home
-
02/23/26
4
2.5
2,353
1.59
Single-Family Home
-
06/04/26
4
3
2,439
1.66
Single-Family Home
-
09/18/26
4
3
2,555
0.76
Single-Family Home
-
10/14/25
1
1
1,000
1.95
Single-Family Home
-
09/04/26
4
2
2,607

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.10
$612,000
3
2
1,920
Off Market
0.12
$335,600
2
2
1,462
Off Market
0.16
-
-
-
-
Off Market
0.18
$224,000
-
-
-
For Sale
0.18
$99,000
-
-
-
For Sale
0.21
-
-
-
-
Recently Sold
0.23
-
-
-
-
Recently Sold
0.24
-
-
-
-
Recently Sold
0.26
$502,300
3
2.5
2,004
Off Market
0.30
$823,300
3
2.5
2,500
Off Market
0.32
$787,500
3
2
2,393
For Sale

Local Information

  • Map ViewExplore the area around 2500 FM 981.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
5 acre lot
2,582 sqft
$194/sqft
2 Car Garage

About this House

Experience country living in a 5 bedroon, 3 full bath metal frame home on 5 acres mixed with trees and that touch of nature you only get outside the metroplex. Within 30 minutes from McKinney, Greenville, Bonham and Sherman, you have an easy commute on a well paved Farm Road, a newly developing neighborhood and there's a fenced in back yard, workshop with electric, and RV hookup available. The home is roomy, versatile, and ready for the buyer who has an eye for updates and improvements. For the price, home is being sold as is. New roof is included in the price.
2500 FM 981, Leonard, TX 75452 is a 5 bedroom, 3 bathroom, 2,582 sqft single-family home built in 1997. It was last sold on Jan 3, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $500,000, with a rent estimate of $2,554/month.
Last check for updates: about 17 hours ago
Listed by Michael Reid 0624654, (972) 390-0000
RE/MAX Town & Country, (972) 390-0000
Bought with: Danielle Dunn, Monument Realty, (214) 705-7827
Source: NTREIS, MLS#20764105

Home Details for 2500 FM 981

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Den, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2582 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Propane, Septic Available, Water AvailableAppliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, MicrowaveDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry in Utility RoomMicrowave
Heating & Cooling
Heating: Central,PropaneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: DenHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Laminate, Vinyl, Wood
Security
Security: Security Lights

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: Balcony, Covered, DeckFencing: Barbed Wire, Back Yard, Partial, WireVegetation: GrassedOther Structures: WorkshopExterior: Balcony, Deck, Dog Run, Garden, Rain Gutters, RV Hookup, StorageFoundation: SlabGarden
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Concrete,Door-Multi,Lighted,Paved,Garage Faces Side
Pool
Pool: None
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Cumulative Days on Market: 18

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Farmhouse
Building
Construction Materials: Brick, Other, Concrete, See Remarks, Vinyl SidingAttached To Another Structure
Property Information
Parcel Number: 000000082194

Price & Status

Price
List Price: $375,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: LeonardCommunity: Price addition
School Information
Elementary School: LeonardElementary School District: Leonard ISDJr High / Middle School District: Leonard ISDHigh School: LeonardHigh School District: Leonard ISD

HOA

No HOA

Lot Information

Lot Area: 5 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 20764105Living Area Range Units: Square FeetAttribution Contact: 972-390-0000Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48147-N-000000082194-R-N

Price and Tax history

DateEventPrice
Jan 3, 2025
Source: NTREIS #20764105
Sold
--
Dec 14, 2024
Source: NTREIS #20764105
Pending
$375,000
Nov 26, 2024
Source: NTREIS #20764105
Listed For Sale
$375,000

Market trends in Leonard

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
67
5
MoM

What Locals Say about Leonard

At least 16 Trulia users voted on each feature.
  • 95 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 75 % Say car is needed

  • 75 % Say they plan to stay for at least 5 years

  • 72 % Say parking is easy

  • 68 % Say people would walk alone at night

  • 67 % Say there's wildlife

  • 64 % Say kids play outside

  • 61 % Say it's quiet

  • 54 % Say it's walkable to grocery stores

  • 53 % Say neighbors are friendly

  • 48 % Say it's dog friendly

  • 43 % Say it's walkable to restaurants

  • 38 % Say there are community events

  • 22 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Rebekah N.
    "The whole town is the neighborhood because itโ€™s a small town and everyone is friendly with each other. "

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 2500 FM 981

  • What is 2500 FM 981 estimated to be worth?
    Trulia's estimated value for 2500 FM 981 in Leonard, TX is $500,000.
  • What is the price history for 2500 FM 981?
    2500 FM 981 in Leonard, TX last sold in January 2025.
  • Is Leonard a buyer's or seller's market?
    Leonard is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Leonard?
    Residents describe Leonard, TX as well-kept, established, and easy to park in. Most residents say you need a car. See recently sold homes in Leonard, TX.
  • Does 2500 FM 981 have air conditioning?
    Yes, 2500 FM 981 in Leonard, TX has air conditioning.
  • Does 2500 FM 981 have laundry facilities?
    Yes, 2500 FM 981 in Leonard, TX has laundry facilities.

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