Are yards well-kept in Leonard, TX?

As of early 2026, 95% of users say yards are well-kept

Does Leonard, TX show holiday spirit?

As of early 2026, 78% of users say there's holiday spirit

Is a car needed in Leonard, TX?

As of early 2026, 75% of users say car is needed

Do residents of Leonard, TX plan to stay at least 5 years?

As of early 2026, 75% of users say they plan to stay for at least 5 years

Is parking easy in Leonard, TX?

As of early 2026, 72% of users say parking is easy

Would people walk alone at night in Leonard, TX?

As of early 2026, 68% of users say people would walk alone at night

Is there wildlife in Leonard, TX?

As of early 2026, 67% of users say there's wildlife

Do kids play outside in Leonard, TX?

As of early 2026, 64% of users say kids play outside

Is Leonard, TX quiet?

As of early 2026, 61% of users say it's quiet

Is Leonard, TX walkable to grocery stores?

As of early 2026, 54% of users say it's walkable to grocery stores

Are neighbors friendly in Leonard, TX?

As of early 2026, 53% of users say neighbors are friendly

Is Leonard, TX dog-friendly?

As of early 2026, 48% of users say it's dog friendly

Is Leonard, TX walkable to restaurants?

As of early 2026, 43% of users say it's walkable to restaurants

Are there community events in Leonard, TX?

As of early 2026, 38% of users say there are community events

Does Leonard, TX have sidewalks?

As of early 2026, 22% of users say there are sidewalks

What is the price history for 4048 FM 981?

4048 FM 981 in Leonard, TX last sold in May 2024.

Is Leonard a buyer's or seller's market?

Leonard is currently a buyer's 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 .

What are the closest schools to 4048 FM 981?

The closest schools to 4048 FM 981 in Leonard, TX are Leonard Elementary School (Pre-K, rated 7/10), Leonard High School (rated 6/10), Leonard Intermediate School (Elementary, rated 8/10).

OFF MARKET

$327,330

Tax assessed value

4048 FM 981, Leonard, TX 75452

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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	Bath	Sqft
4058 FM 981, Leonard, TX	0.08	Lot/Land	-	07/17/26	-	-
Lot 3 FM 981, Leonard, TX	1.23	Lot/Land	-	03/03/26	-	-
Lot 4 S State Highway 78, Leonard, TX	1.24	Lot/Land	-	12/12/25	-	-
Lot 5 S State Highway 78, Leonard, TX	1.26	Lot/Land	-	12/12/25	-	-
311 W Hunt St, Leonard, TX	3.18	Lot/Land	-	11/07/25	-	-
County Road 1135, Leonard, TX	2.73	Lot/Land	-	04/29/26	-	-
671 County Road 5070, Leonard, TX	3.22	Lot/Land	-	01/06/26	-	-
County Road 4928, Trenton, TX	3.21	Lot/Land	-	02/27/26	-	-
FM 1562, Celeste, TX	3.99	Lot/Land	-	01/15/26	-	-
Tract 2 County Road 1140, Leonard, TX	3.88	Lot/Land	-	12/23/25	-	-

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
4058 FM 981, Leonard, TX 75452	0.08	-	-	-	-	Recently Sold
3590 FM 981, Leonard, TX 75452	0.37	-	5	3	2,422	Recently Sold
1626 County Road 5035, Leonard, TX 75452	0.54	$277,900	-	-	-	Off Market
1714 County Road 5035, Leonard, TX 75452	0.57	-	3	2	1,920	Recently Sold
1662 County Road 5035, Leonard, TX 75452	0.62	-	3	1.5	1,200	Recently Sold
County Road 5040, Leonard, TX 75452	0.71	$1,600,000	-	-	-	For Sale
FM 981, Leonard, TX 75452	0.77	-	-	-	-	Off Market
664 County Road 5040, Leonard, TX 75452	0.79	$152,200	1	1	1,000	Off Market
County Road 676, Leonard, TX 75452	0.89	$925,408	-	-	-	For Sale
1 County Road 5045, Leonard, TX 75452	0.98	$275,000	-	-	-	For Sale
19426 FM 981, Leonard, TX 75452	0.96	$952,700	3	2.5	2,629	Off Market

Homes for rent near 4048 FM 981

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Local Information

Map ViewExplore the area around 4048 FM 981.
Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Lot/Land

Built in 1988

10.7 acre lot

About this House

Conveniently located, gorgeous 10.7-acre tract features true country living with easy access to big city amenities. Great frontage (FM 981), utilities onsite and outside of the city limits with no known restrictions, makes it the perfect, well positioned site for your beautiful future homesite or development opportunity. Property is lined by trees on 1 side, and fenced along two other sides. Amazing proximity with 1 mile to Hwy 78, 8 miles to Hwy 121, 30 minutes to McKinney. The existing home is being sold “AS IS”. The value is in the land, location and available road frontage that may allow for future subdividing.

4048 FM 981, Leonard, TX 75452 is a lot/land built in 1988. It last sold for the $329,000 asking price on May 9, 2024. This property is not currently displayed as for sale or rent on Trulia.

Last check for updates: about 4 hours ago

Listed by Shannon Miles 0734748, (469) 588-8395

Coldwell Banker Apex, REALTORS, (972) 776-6200

Scott Miles 0766885, (214) 597-7862

Coldwell Banker Apex, REALTORS, (972) 776-6200

Bought with: Shannon Miles, Coldwell Banker Apex, REALTORS, (972) 776-6200

Source: NTREIS, MLS#20438238

Home Details for 4048 FM 981

Exterior Features
Exterior Home Features Fencing: Barbed WireVegetation: Brush, Cleared, GrassedOther Structures: Mobile Home, Shed(s), Storage, Barn(s), Stable(s)
Frontage Road Frontage: City Street, Farm to Market Road, All Weather RoadRoad Surface Type: Concrete, GravelNot on Waterfront
Farm & Range Allowed to Raise Horses

Days on Market
Cumulative Days on Market: 208

Property Information
Year Built Year Built: 1988
Property Type / Style Property Type: LandProperty Subtype: Unimproved Land
Property Information Usage of Home: Agricultural, Cattle, Development, Grazing, Horses, Investment, Livestock, Multi-Family, Mobile Home, Pasture, Place of Worship, Ranch, Residential, Recreational, Single Family, SubdevelopmentNot Included in Sale: Solar Panels, Shipping ContainersParcel Number: 000000084437

Price & Status
Price List Price: $329,000
Status Change & Dates Possession Timing: Close Of Escrow

Active Status
MLS Status: Closed

Media
See Virtual Tour

Location
Direction & Address City: LeonardCommunity: none
School Information Elementary School: LeonardElementary School District: Leonard ISDJr High / Middle School District: Leonard ISDHigh School: LeonardHigh School District: Leonard ISD

Community
Community Features: Fenced YardNot Senior Community

HOA
No HOA

Lot Information
Lot Area: 10.698 Acres

Offer
Listing Terms: Cash, Conventional

Miscellaneous
Mls Number: 20438238Living Area Range Units: Square FeetAttribution Contact: 469-588-8395Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48147-N-000000084437-R-N

Additional Information
Fenced Yard

Price and Tax history

Date	Event	Price
May 9, 2024 Source: NTREIS #20438238	Sold	--
May 9, 2024 Source: Coldwell Banker Apex, Realtors #20438238	PendingToActive	$329,000
Apr 22, 2024 Source: NTREIS #20438238	Pending	$329,000
Mar 25, 2024 Source: NTREIS #20438238	PriceChange	$329,000 Price decreased by 3%
Mar 20, 2024 Source: NTREIS #20438238	PendingToActive	$339,900
Mar 11, 2024 Source: NTREIS #20438238	Contingent	$339,900
Dec 8, 2023 Source: NTREIS #20438238	PriceChange	$339,900 Price decreased by 3%
Nov 1, 2023 Source: NTREIS #20438238	PriceChange	$349,900 Price decreased by 5%
Oct 5, 2023 Source: NTREIS #20438238	PriceChange	$369,900 Price decreased by 5%
Sep 26, 2023 Source: NTREIS #20438238	Listed For Sale	$389,900
Aug 14, 2009 Source: Agent Provided	ListingRemoved	$77,000
Jul 18, 2009 Source: Agent Provided	Listed For Sale	$77,000

Year	Property tax	Tax assessment
2025	$5,157	$327,330

Additional Cost

Market trends in Leonard

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

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Price per sq ft

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Available listings

1MoM

Around this home

Leonard Elementary School
PK-3
Public
235 Students
Leonard Independent School District
7/10
GreatSchools Rating
Parent Rating Average
This school is one of the worst elementary schools in Katy. Students do not learn teachers can’t control the class rooms. With constant bullying taken place at the older grade level. Teachers even tell students they can’t handle the class or their lost on what to do. Administration is mediocre they make broken promise. If you can help it enroll in charter schools in the area if you’re assigned to this school.
Parent Review
1y ago
2 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
Resident
8y ago
"The whole town is the neighborhood because it’s a small town and everyone is friendly with each other. "
5
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Frequently asked questions about 4048 FM 981

What is the price history for 4048 FM 981?
4048 FM 981 in Leonard, TX last sold in May 2024.
Is Leonard a buyer's or seller's market?
Leonard is currently a buyer's 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.
What are the closest schools to 4048 FM 981?
The closest schools to 4048 FM 981 in Leonard, TX are Leonard Elementary School (Pre-K, rated 7/10), Leonard High School (rated 6/10), Leonard Intermediate School (Elementary, rated 8/10).