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792 Cr 4945, Leonard, TX 75452
$3,750,000
792 Cr 4945, Leonard, TX 75452View this property at 792 Cr 4945, Leonard, TX 75452
792 Cr 4945LeonardTX75452
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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
Full Property Details
Full Property Details for 792 Co Rd 4945
General
- Price: $3,750,000
- Taxes: $9,288
- Status: Active
- Type: Business
- MLS ID: 20516069
- Updated: 1/19/2024
- Added to Site: 130 day(s) ago
Business
- Name: Magnolia Grace Ranch
- Business Type: Hospitality
Interior
- Flooring: Concrete
Parking
- Parking Features: Circular Driveway, Gravel, Parking Lot
Location
- County: Collin
- Subdivision: P W Price Surv Abs #1253
- Driving Directions: Use GPS. Just north of Hwy 78 on CR 4945
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: Public
- Utility Description: Electricity Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Steel Siding
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 8,065
- Sq. Ft. Source: Assessor
- Year Built: 2018
Lot Features
- Lot Size (Acres): 14.896
- Lot Size (Sq. Ft.): 648,869.76
- Lot Size Source: Assessor
- Frontage: County Road
- Lot Features: Acreage, Agricultural, Cleared, Landscaped, Many Trees
- Zoning: Community Center
Financial Considerations
- Tax Amount: $9,288
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: A1253 P PRICE, ACRES 14.896
- Inclusions: Land & Improvements
- Property ID: 86580
Listed by JPAR - Frisco, John Carney
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Schools
Schools serving 792 Co Rd 4945
School District:Leonard Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
300 E Mulberry St, Leonard, TX 75452 | PK-3 | 3.4 mi | |
600 E Hackberry, Leonard, TX 75452 | 4-5 | 3.6 mi | |
500 E Hackberry St, Leonard, TX 75452 | 6-8 | 3.5 mi | |
1000 N Poplar St 2n, Leonard, TX 75452 | 9-12 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 792 Co Rd 4945
Date
Details
Price
Change
Source
1/19/2024
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 792 Co Rd 4945
792 Cr 4945, Leonard, TX 75452 (MLS# 20516069) is a Business property. 792 Cr 4945 is currently listed for $3,750,000 and was received on January 19, 2024. Want to learn more about 792 Cr 4945? Do you have questions about finding other Business real estate for sale in Leonard? You can browse all Leonard real estate or contact a Coldwell Banker agent to request more information.