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$799,000
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Property Description
Acreage for country estate, investment, subdivision, situated on FM 981 with a quick 4-mile drive to State Hwy 78 in Blue Ridge. The majority of this property is generally level and cleared. A little over 3 acres at the front is wooded with some topography. Small pond at the back of the property. Perimeter fenced. No flood plain. Frontage on and access to Farm-to-Market Rd 981. Co-op Water and Electricity along the road. Highly accessible to 1) State Hwy 78 in Blue Ridge providing access to State Hwy 121 and U.S. Hwy 380 in Collin County, 2) the north-south part of FM 981, a half mile to the east, leading into Leonard and 3) FM 36, 3 miles to the east, providing accessibility to U.S. Highway 380 in Hunt County. The intersection of FM 981 and the technically preferred alignment of the future Collin County Outer Loop is nearby, just to the west of Bear Creek.
Full Property Details
Full Property Details for 15868 FM981
General
- Price: $799,000
- Taxes: $19
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 20855068
- Updated: 4/25/2025
- Added to Site: 326 day(s) ago
Location
- County: Collin
- Subdivision: Abraham Ogden Surv A - 674
- Driving Directions: From Blue Ridge on Hwy 78, go east on FM 981 for approximately 4 miles to property.
School Information
- Elem School District: Leonard ISD
- Midd School District: Leonard ISD
- High School District: Leonard ISD
- Elementary School: Leonard
- High School: Leonard
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle
Lot Features
- Lot Size (Acres): 23
- Lot Size (Sq. Ft.): 1,001,880
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Few Trees
- Potential Use: Agricultural, Cattle, Development, Horses, Ranch, Residential, Single Family
- Zoning: Ag
- Fencing (Description): Barbed Wire, Perimeter
Financial Considerations
- Tax Amount: $19
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: ABS A0674 A OGDEN SURVEY, SHEET 1, TRACT 40,
- Disclosures/Rstr.: Deed Restriction
- Property ID: R667400104001
- Block: 1
Listed by Glasco Commercial Real Estate, LLC, Grant Glasco
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Schools
Schools serving 15868 FM981
School District:Leonard Independent School District
| Name | Grades | Distance |
|---|---|---|
Leonard Elementary School 300 East Mulberry Street, Leonard, TX 75452 | PK-3 | 7.3 mi |
Leonard Intermediate School 501 East Hackberry Street, Leonard, TX 75452 | 4-5 | 7.4 mi |
Leonard J High School 500 East Hackberry Street, Leonard, TX 75452 | 6-8 | 7.5 mi |
Leonard High School 1002 North Poplar Street, Leonard, TX 75452 | 9-12 | 7.5 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 15868 FM981
Date
Details
Price
Change
Source
4/25/2025
Price Reduced
$799,000
-11.12%
MLS
2/26/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15868 FM981
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3
-40%
$517,500
58%
2023
$5
-17%
$326,991
—
2019
$6
-93%
$326,991
—
2022
$81
1520%
$326,991
29%
2021
$5
—
$253,000
—
2020
$5
-83%
$253,000
11358%
2019
$29
—
$2,208
—
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 15868 FM981
15868 Fm-981, Blue Ridge, TX 75424 (MLS# 20855068) is a Lots/Land property with a lot size of 23 acres. 15868 Fm-981 is currently listed for $799,000 and was received on February 26, 2025. Want to learn more about 15868 Fm-981? Do you have questions about finding other Lots/Land real estate for sale in Blue Ridge? You can browse all Blue Ridge real estate or contact a Coldwell Banker agent to request more information.

