Date
Details
Price
Change
Source
2/20/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Spacious ranch-style property situated on approximately 5.29 acres in Leonard, TX, featuring two homes and multiple improvements. The main residence offers 6 bedrooms and 3 bathrooms with a covered deck, outdoor grilling area, and ample living space. The guest home, built in 2022, includes 2 bedrooms and 2 bathrooms, ideal for multi-generational living, rental income, or guest accommodations. The property also includes a large barn with workshop space, areas for livestock and chickens, corral, and covered space for equipment and vehicles. A large water-reserve pond, fencing, and open pasture provide excellent functionality for agricultural or recreational use. Additional features include generous storage and closet space, outdoor bathroom, and multiple outdoor entertaining areas. This versatile property offers endless potential for residential, agricultural, or income-producing use, all in a peaceful country setting with convenient access to town.
Full Property Details
Full Property Details for 19491 FM981
General
- Price: $750,000
- Taxes: $10,009
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21185683
- Updated: Today (2/20/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features
- Appliances: Built-In Gas Range
- Flooring: Carpet, Combination, Ceramic Tile, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 5
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Fuel Tank(s)
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Deck, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Storage
- Porch/Patio/Deck: Rear Porch, Patio, Covered, Deck
Parking
- Carports: Yes
- Covered Spaces: 8
- Parking Features: Additional Parking, Concrete, Covered, Carport, Deeded, Workshop in Garage
Location
- County: Collin
- Subdivision: Serrano Add
- Driving Directions: Use Gps. From Hwy 69 in Leonard, head north on FM 981. Continue approximately 4–5 miles. Property will be on the right. Look for sign.
School Information
- Elem School District: Leonard ISD
- Midd School District: Leonard ISD
- High School District: Leonard ISD
- Elementary School: Leonard
- High School: Leonard
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Architectural Style: Ranch, Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick, Wood Siding
- Roof: Composition, Shingle
- Stories/Levels: 1
- Living Area: 3,665 Sq. Ft.
- Current Bldg. Use: Cattle, Multi-Family, Residential, Single Family
- Year Built: 2017
Additional Structures
- Other Structures: Guest House, Outdoor Kitchen, Other, Second Residence, Shed(s), Storage, Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 5.285
- Lot Size (Sq. Ft.): 230,214.6
- Frontage: Farm to Market Road
- Lot Features: Acreage, Pond on Lot
- Fencing (Description): Fenced, Metal, Wood, Wire
Horse Property
- Horse Facility Desc.: Arena, Barn, Indoor Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $10,009
Disclosures and Reports
- Legal Description: SERRANO ADDITION, BLK A, LOT 4; * REPLAT *
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R1197500A00401
- Block: A
- Lot Number: 4
Listed by Fathom Realty, LLC, Edison Cruz Flores
We Value Your Privacy
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Listing agent
— 19491 FM981 —
Edison Cruz Flores
Fathom Realty, LLC
888-455-6040
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 19491 FM981
School District:Leonard Independent School District
| Name | Grades | Distance |
|---|---|---|
Leonard Elementary School 300 East Mulberry Street, Leonard, TX 75452 | PK-3 | 4.4 mi |
Leonard Intermediate School 501 East Hackberry Street, Leonard, TX 75452 | 4-5 | 4.4 mi |
Leonard J High School 500 East Hackberry Street, Leonard, TX 75452 | 6-8 | 4.6 mi |
Leonard High School 1002 North Poplar Street, Leonard, TX 75452 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 19491 FM981
Tax History
Tax History for 19491 FM981
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,380
1%
$687,512
15%
2023
$1,360
100%
$598,408
1%
2022
—
$590,033
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 19491 FM981
19491 Fm 981, Leonard, TX 75452 (MLS# 21185683) is a Single Family property with 8 bedrooms, 5 full bathrooms and 2 partial bathrooms. 19491 Fm 981 is currently listed for $750,000 and was received on February 20, 2026. Want to learn more about 19491 Fm 981? Do you have questions about finding other Single Family real estate for sale in Leonard? You can browse all Leonard real estate or contact a Coldwell Banker agent to request more information.