Property details
About 0000 County Road 5040
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.
Highlights
Virtual tour
Summary
- MLS Number: 20897443
- MLS Name: NTR
- Office Name: Wakeland Real Estate
- Office Phone: (972) 740-9472
- Listing Agent: Mark Wakeland, Lynne Wakeland
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Last updated on: 4/13/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
0000 County Road 5040
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Price information
Property sales
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Nearby schools
8
Leonard Elementary School
Public District PK-3
3.7 mi
•300 E Mulberry St
5
Leonard Intermediate School
Public District 4-5
3.8 mi
•501 E Hackberry St
2
Trenton Elementary School
Public District PK-4
4.8 mi
•105 Witherspoon St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,616. Most Leonard, TX residents have annual incomes less than $<35k. Most families are married, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 0000 County Road 5040
This home is located at 0000 County Road 5040 in Leonard, TX and zip code 75452. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $1,600,000.
In March 2025 in Leonard, TX there were 45.2% more homes for sale than in February. The median list price of listings available in March 2025 was $375,000, while the average time on the real estate market was 94 days.