# FM 981, Leonard, TX 75452 > **TL;DR:** land, $1,155,000. Est. $6,177/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,155,000 | | Lot Size | 2,769,937 sqft (63.59 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%) | $5,840 | | Estimated Insurance | $337 | | **Total** | **$6,177** | ## Nearby Schools - **Elementary:** Leonard - **Middle:** Leonard - **High:** Leonard ## Property Highlights - 63.59 acre lot ## Description ### Agent Description This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. There are plans underway to widen FM 981, which is scheduled to intersect with the proposed Collin County Outer Loop. The land is currently under agricultural use (hay) and features three ponds, four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning associated with the property. ## Location - **Address:** FM 981, Leonard, TX 75452 - **County:** Collin - **Coordinates:** 33.32931551, -96.30330226 - **Google Maps:** https://www.google.com/maps?q=33.32931551,-96.30330226 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21423033 ## Listing Agent - **Name:** Jimmy Wortham - **Brokerage:** Bois d'Arc Realty, Inc. - **Broker Phone:** 903-364-2700 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/18475-FM-981_Leonard_TX_75452_M78676-35981?f=listhub&s=NTREIS&m=21423033&c=propsimple) ## Photos ![FM 981 - Photo 1](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f391886029r.jpg) ![FM 981 - Photo 2](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f70289189r.jpg) ![FM 981 - Photo 3](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f3677506664r.jpg) ![FM 981 - Photo 4](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f3440634761r.jpg) ![FM 981 - Photo 5](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f2309183130r.jpg) ![FM 981 - Photo 6](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f2463736846r.jpg) ![FM 981 - Photo 7](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f3300028207r.jpg) ![FM 981 - Photo 8](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f3308386658r.jpg) ![FM 981 - Photo 9](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f2482556974r.jpg) ![FM 981 - Photo 10](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f264067062r.jpg) ![FM 981 - Photo 11](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f1571535129r.jpg) ![FM 981 - Photo 12](http://lh.rdcpix.com/cf8d82ade1e9d5c992d8637d9b24f117l-f156580604r.jpg) --- **MLS#:** 21423033 | **Updated:** 2026-10-29 **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://www.propertysimple.ai/listing/fm-981-leonard-tx-75452-345ec07b37524a53961b1ee8d4aeefe6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/fm-981-leonard-tx-75452-345ec07b37524a53961b1ee8d4aeefe6#listing", "url": "https://www.propertysimple.ai/listing/fm-981-leonard-tx-75452-345ec07b37524a53961b1ee8d4aeefe6", "name": "FM 981, Leonard, TX 75452", "description": "This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. There are plans underway to widen FM 981, which is scheduled to intersect with the proposed Collin County Outer Loop. The land is currently under agricultural use (hay) and features three ponds, four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. 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