# County Road 5040, Leonard, TX 75452 > **TL;DR:** land, $1,600,000, built 1950. Est. $8,557/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,600,000 | | Year Built | 1950 | | Lot Size | 2,809,533 sqft (64.50 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,090 | | Estimated Insurance | $467 | | **Total** | **$8,557** | ## Nearby Schools - **Elementary:** Leonard - **Middle:** Leonard - **High:** Leonard ## Property Highlights - Built in 1950 - 64.50 acre lot ## Description ### Agent Description Discover the perfect blend of peace, productivity, and convenience on this exceptional 65+/- acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living. Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. Whether you're expanding a livestock operation, looking for a private weekend getaway, or ready to build your dream home, this property delivers. Don't miss this rare opportunity to own a scenic, well-equipped ranch in a prime location. ## Location - **Address:** County Road 5040, Leonard, TX 75452 - **County:** Fannin - **Neighborhood:** T H Stovall A1089 - **Coordinates:** 33.3670712, -96.29857081 - **Google Maps:** https://www.google.com/maps?q=33.3670712,-96.29857081 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/20897443 ## Listing Agent - **Name:** Mark Wakeland - **Brokerage:** Wakeland Property Company - **Broker Phone:** (972) 740-9472 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/County-Road-5040_Leonard_TX_75452_M91884-62888?f=listhub&s=NTREIS&m=20897443&c=propsimple) ## Photos ![County Road 5040 - Photo 1](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2831325642r.jpg) ![County Road 5040 - Photo 2](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2002148120r.jpg) ![County Road 5040 - Photo 3](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f927464935r.jpg) ![County Road 5040 - Photo 4](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2339987585r.jpg) ![County Road 5040 - Photo 5](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f525596720r.jpg) ![County Road 5040 - Photo 6](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1858648310r.jpg) ![County Road 5040 - Photo 7](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f724724668r.jpg) ![County Road 5040 - Photo 8](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2200707029r.jpg) ![County Road 5040 - Photo 9](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1637579043r.jpg) ![County Road 5040 - Photo 10](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2499700959r.jpg) ![County Road 5040 - Photo 11](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f619436710r.jpg) ![County Road 5040 - Photo 12](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f437192394r.jpg) ![County Road 5040 - Photo 13](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3501581458r.jpg) ![County Road 5040 - Photo 14](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1150889263r.jpg) ![County Road 5040 - Photo 15](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1246274959r.jpg) ![County Road 5040 - Photo 16](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f898699956r.jpg) ![County Road 5040 - Photo 17](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f861882820r.jpg) ![County Road 5040 - Photo 18](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3524463682r.jpg) ![County Road 5040 - Photo 19](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1767411461r.jpg) ![County Road 5040 - Photo 20](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2895702559r.jpg) ![County Road 5040 - Photo 21](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f82436938r.jpg) ![County Road 5040 - Photo 22](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3153722105r.jpg) ![County Road 5040 - Photo 23](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2721910214r.jpg) ![County Road 5040 - Photo 24](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f159120739r.jpg) ![County Road 5040 - Photo 25](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3957179405r.jpg) ![County Road 5040 - Photo 26](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3615891042r.jpg) ![County Road 5040 - Photo 27](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2523192412r.jpg) ![County Road 5040 - Photo 28](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3406538412r.jpg) ![County Road 5040 - Photo 29](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3668237928r.jpg) ![County Road 5040 - Photo 30](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f4137633841r.jpg) ![County Road 5040 - Photo 31](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f1982019419r.jpg) ![County Road 5040 - Photo 32](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f3184026772r.jpg) ![County Road 5040 - Photo 33](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f2086531604r.jpg) ![County Road 5040 - Photo 34](http://lh.rdcpix.com/acbf7be9d67e5052bc5242e6cbcc5427l-f4260147632r.jpg) --- **MLS#:** 20897443 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/county-road-5040-leonard-tx-75452-0976ebd8464249e6975a027848e2d4dd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/county-road-5040-leonard-tx-75452-0976ebd8464249e6975a027848e2d4dd#listing", "url": "https://staging.propertysimple.ai/listing/county-road-5040-leonard-tx-75452-0976ebd8464249e6975a027848e2d4dd", "name": "County Road 5040, Leonard, TX 75452", "description": "Discover the perfect blend of peace, productivity, and convenience on this exceptional 65+/- acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living. Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. 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