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$275,000

7720 County Road 1135, Leonard, TX, 75452

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,184 Sq Ft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

About this property

Build Your Country Home on Approximately 10.1 Beautiful Acres in Leonard, Texas. Discover the opportunity to own approximately 10.1 acres to be surveyed from the property at 7720 County Road 1135 in Leonard, Texas. With a peaceful pond, beautiful mature trees, abundant wildlife, and a quiet country setting, this property offers an inviting backdrop for your future single-family residence. The land is currently ag exempt, providing an attractive benefit for buyers seeking acreage in a rural setting. Water service is within the Hickory Creek Special Utility District, and electricity is available across the street. Buyer will be responsible for installing a septic system. Whether you envision a custom home surrounded by trees, relaxing evenings overlooking the pond, or simply enjoying the privacy and open space that acreage provides, this property offers a wonderful setting to create your own country retreat. Improvements to the property are restricted to a Single Family Residence only, helping preserve the residential character of the area. Deed restrictions are available in the Transaction Desk for buyer review. This is an excellent opportunity for a buyer looking for land with natural beauty, privacy, wildlife, and room to build in the Leonard area. Come walk the property, take in the pond and trees, and imagine the possibilities of calling these approximately 10.1 acres home. Buyer and buyer’s agent should independently verify acreage, survey, utilities, water availability and capacity, septic requirements, ag-exemption status and continuation requirements, deed restrictions, access, and suitability for buyer’s intended use. This is raw land and there is wildlife. Take steps to protect yourself when touring the land. Close the gate behind you to now let out the horse.

Investor Tools

$0Estimated Mortgage Balance
$514,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

Interested in this property?

Dana Cassidy

BHHS Premier Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$285
$70,740
2025
N/A
$92,930
$92,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$285
$70,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$514,000
100%
0%
$0/mo

City: Leonard