Property Attributes
- MLS#20516049
- TypeSingle Family
- CountyFANNIN
- CityLeonard
- NeighborhoodP W Price Surv Abs #1253
- Zip75452
- StyleFarm/Ranch
- Year Built2018
- Taxes$ 9288
- Price$ 3,750,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage8065
- Lot Size14.896 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Incredible opportunity to purchase Magnolia Grace Ranch, an almost 15 acre wedding & events venue just off Hwy 78 in Leonard, TX. This beautiful property is divided by a creek with a newly installed culvert to allow driving between the two sides. The venue is located on the county road side and a beautiful meadow covers the back half of the property. The options for the back half include but are not limited to another venue, AirBnB sites, or outdoor event space. The stunning venue features over 8,000 AC sf plus over 4,000 of covered patios. Three wedding sites are already in place with countless other options available. There is a stocked pond adjacent to the venue that makes for a dramatic backdrop for any event. Separate bathrooms, bride and groom suites, catering kitchen, bar, loads of storage, and 2 upstairs lofts offer lots of space. The towering ceiling in the main event space is breathtaking. Events are booked through the end of 2023 and well into 2024. Ag exemption
Elementary School |
---|
Leonard Elementary School |
Price History | |
---|---|
1/19/2024 | Listed $3,750,000 |
General Features
Heating | Electric |
---|---|
Cooling | Central Air |
Utilities | City Water,Electricity Connected |
Possession | Closing/Funding |
Roof | Metal |
Appliances | Other |
current use | Agricultural,Commercial |
School District | Leonard ISD |
Year Built | 2018 |
Levels | Two |
Unexempt Taxes | 9288 |
Will Subdivide | Yes |
Property SubType | Farm/Ranch |
Subdivision Name | P W Price Surv Abs #1253 |
Transaction Type | For Sale |
Carport Spaces | 2 |
County | Fannin |
Property Type | Residential |
Construction Materials | Steel Siding |
Year Built Details | Preowned |
HOA Type | None |
Status | Active |
Directions | Use GPS. Just north of Hwy 78 on CR 4945 |
City | Leonard |
Buyer Agent Compensation | 3% |
Elementary School Name | Leonard |
High School | Leonard |
Street Name | County Road 4945 |
Elementary School | Leonard |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20516049 |
Standard Status | Active |
Junior High School | Leonard |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Cathedral Ceiling(s),Open Floorplan |
---|---|
Flooring | Concrete |
Total Stories | 2 |
Fireplace Features | Stone |
Fireplaces Total | 1 |
Dining Areas | 1 |
Living Areas | 5 |
Room Count | 1 |
Full Baths | 2 |
Lock Box Type | None |
Total Baths | 2 |
Exterior Features
Lot Features | Acreage,Agricultural,Cleared,Landscaped,Many Trees |
---|---|
Lot Size Source | Assessor |
Parking Features | Additional Parking,Circular Driveway,Gravel,Parking Lot |
Lot Size | 10 to < 50 Acres |
Covered Spaces | 2 |
Foundation | Slab |
Lot Size Area | 14.8960 |
Lot Size Units | Acres |
Structural Style | Farm/Ranch House |
Road Frontage Type | County Road |
Lot Size Square Feet | 648869.7600 |
Lot Size Acres | 14.8960 |
Patio And Porch Features | Covered |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool