FM 981, Leonard, TX 75452
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Property image
FOR SALE
3D VIEW
5.04 ACRES

$224,000

    FM 981, Leonard, TX 75452

    Est. Mortgage $1,497/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    5.04 acre lot

    Local Information

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

    About this House

    Bring your plans and choose your builder, this beautiful 5+ acre homesite is ready for your vision. A natural tree line provides privacy and frames an ideal building location. With the culvert and shared driveway already installed, much of the upfront work is done, allowing you to move forward with construction sooner. Situated in highly regarded Leonard ISD, the area offers small-town charm with a vibrant historic downtown known for community events and festivals. Conveniently located near SH 121 and Hwy 69, approximately one hour north of Dallas and DFW Airport, and just minutes from shopping and dining. About 25 minutes from Melissa, home to the new H-E-B. Located in fast-growing Fannin County and close to the newly opened Bois d’Arc Lake, now a major regional attraction. One of three available lots, come explore the land, the setting, and the lifestyle that could be yours. Water meters are not currently installed; however, meter applications have been approved, and a new water line has recently been installed to provide capacity. Buyers should verify all utility information with the applicable providers.
    Last check for updates: about 20 hours ago
    Listing courtesy of Alicia Purser 0723081, (903) 422-3006
    Keller Williams Realty DPR, 903-422-3006
    Source: NTREIS, MLS#21299005
    Also Listed on NTREIS.

    Home Details for FM 981

    Interior Features

    Appliances & Utilities
    Utilities: See Remarks

    Exterior Features

    Frontage
    Road Frontage: Farm to Market RoadRoad Surface Type: ConcreteNot on Waterfront

    Days on Market

    Days on Market: 47

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Residential, UnimprovedParcel Number: 82193

    Price & Status

    Price
    List Price: $224,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: LeonardCommunity: The Everly Eleora Addition
    School Information
    Elementary School: LeonardElementary School District: Leonard ISDJr High / Middle School: LeonardJr High / Middle School District: Leonard ISDHigh School: LeonardHigh School District: Leonard ISD

    Agent Information

    Listing Agent
    Listing ID: 21299005

    HOA

    No HOA

    Lot Information

    Lot Area: 5.038 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 21299005Living Area Range Units: Square FeetAttribution Contact: 903-422-3006

    Around this home

    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 it’s a small town and everyone is friendly with each other. "
      5
      Flag

    Market trends in Leonard

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    72
    1    MoM

    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
    Bed
    Bath
    Sqft
    Lot 3 FM 981, Leonard, TX
    0.09
    Lot/Land
    -
    03/03/26
    -
    -
    Lot 4 S State Highway 78, Leonard, TX
    0.11
    Lot/Land
    -
    12/12/25
    -
    -
    Lot 5 S State Highway 78, Leonard, TX
    0.13
    Lot/Land
    -
    12/12/25
    -
    -
    4058 FM 981, Leonard, TX
    1.39
    Lot/Land
    -
    07/17/26
    -
    -
    County Road 4928, Trenton, TX
    1.93
    Lot/Land
    -
    02/27/26
    -
    -
    4935 Tbd County Rd, Trenton, TX
    2.92
    Lot/Land
    -
    03/04/26
    -
    -
    311 W Hunt St, Leonard, TX
    2.69
    Lot/Land
    -
    11/07/25
    -
    -
    671 County Road 5070, Leonard, TX
    3.08
    Lot/Land
    -
    01/06/26
    -
    -
    E Travis St, Leonard, TX
    3.01
    Lot/Land
    -
    10/14/25
    -
    -
    603 E Fannin St, Leonard, TX
    3.23
    Lot/Land
    -
    09/23/25
    -
    -

    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
    2 FM 981, Leonard, TX 75452
    0.01
    $99,000
    -
    -
    -
    For Sale
    12AC S State Highway 78, Leonard, TX 75452
    0.09
    -
    -
    -
    -
    Off Market
    Lot 3 FM 981, Leonard, TX 75452
    0.09
    -
    -
    -
    -
    Recently Sold
    2494 FM 981, Leonard, TX 75452
    0.12
    $335,600
    2
    2
    1,462
    Off Market
    Lot 4 S State Highway 78, Leonard, TX 75452
    0.11
    -
    -
    -
    -
    Recently Sold
    Lot 5 S State Highway 78, Leonard, TX 75452
    0.13
    -
    -
    -
    -
    Recently Sold
    2500 FM 981, Leonard, TX 75452
    0.18
    $496,600
    5
    3
    2,582
    Off Market
    18960 S State Highway 78, Leonard, TX 75452
    0.21
    $807,500
    3
    2.5
    2,500
    Off Market
    2388 FM 981, Leonard, TX 75452
    0.23
    $609,300
    3
    2
    1,920
    Off Market
    2271 FM 981, Leonard, TX 75452
    0.33
    $504,500
    3
    2.5
    2,004
    Off Market
    315 County Road 4945, Leonard, TX 75452
    0.42
    $518,100
    4
    2
    2,345
    Off Market

    Price and Tax history

    DateEventPrice
    Jul 21, 2026
    Source: NTREIS #21299005
    		Listed For Sale
    $224,000

    LGBTQ Local Legal Protections

    Alicia Purser, Keller Williams Realty DPR, 903-422-3006
    Agent Phone: (903) 422-3006
    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.

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    Frequently asked questions about FM 981

    • How big is FM 981?
      FM 981 in Leonard, TX is about 5 acres.
    • What is the price per acre for FM 981?
      FM 981 in Leonard, TX is listed at $224,000, or about $45K per acre.
    • 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 homes for sale in Leonard, TX.
    • What are the closest schools to FM 981?
      The closest schools to 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).
    FM 981, Leonard, TX 75452 is a lot/land. This property is currently available for sale and was listed by NTREIS on Jul 21, 2026. The MLS # for this home is MLS# 21299005.