About 4058 Fm 981
10 Acres in Leonard, TX – Great Opportunity for Land Buyers or Investors Discover the potential of this 10-acre property located at 4058 FM 981 in Leonard, Texas. This acreage offers a great opportunity for buyers looking for land to build, invest, or develop in a growing area of North Texas. The property includes an existing home that will convey with the sale of the land. However, the structure is in unknown condition and may not be safe to enter. Do not enter the home. Entry is at your own risk. The home is being sold as-is and is considered to have little to no value. The land is currently heavily overgrown and will require clearing, but it offers a blank canvas for someone looking to create their own rural retreat, homestead, or future homesite. Located along FM 981, the property provides convenient access while still offering the privacy and space that comes with country living. Buyer to verify all information, utilities, and restrictions. Buyers should check with the County Appraisal District and local authorities to verify any building restrictions or requirements. Property sold as-is.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jul 21, 2026 | Status Changed from Pending to Closed | Closed |
| Jul 13, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Jun 24, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Jun 8, 2026 | Price Reduced from $270,000 to $250,000 | $250,000 |
Features of 4058 Fm 981
| MLS® # | 21195649 |
|---|---|
| Price | $250,000 |
| Acres | 10.07 |
| Year Built | 1986 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Closed |
Community Information
| Address | 4058 Fm 981 |
|---|---|
| Subdivision | A1106 S M SMITH |
| City | Leonard |
| County | Fannin |
| State | Texas |
| Zip Code | 75452-3912 |
Amenities
| Utilities | City Water, Electricity Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage |
|---|
School Information
| District | Leonard ISD |
|---|---|
| Elementary | Leonard |
| High | Leonard |
Additional Information
| Date Listed | March 3rd, 2026 |
|---|---|
| Date Sold | July 17th, 2026 |
| Days on Market | 219 |
| Zoning | Agricultural |
Listing Details
| Agent | Richard Aguirre |
|---|---|
| Office | Keller Williams Rockwall |
| Contact Info | 972-772-7000 |