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$1,850,000 -$50,000 (-2.63%) Price Reduced

  • For Sale
  • Active
  • Farm
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 31.75 Acres
  • 3 Car Garage
  • Updated 2 days ago
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Experience unparalleled luxury and privacy on this exceptional 31.75-acre estate, designed for refined living and effortless entertaining. Just 25 minutes from McKinney or Sherman, this property offers the perfect blend of seclusion and convenience. Enter through a custom electric gate to discover a breathtaking one-of-a-kind Austin stone residence featuring 4,867 sq ft under roof and over 3,000 sq ft of impeccably designed living space. This 3-bedroom, each with en suite bathrooms, 3.5-bathroom home includes an executive office, an oversized utility room with a dog wash station, and exquisite custom finishes throughout. The gourmet kitchen is a chef's dream, showcasing premium appliances including a 6-foot built-in refrigerator, gas range, and custom cabinetry. An open-concept layout connects seamlessly to the elegant living and dining spaces, making this home ideal for both quiet retreats and stylish gatherings. The primary suite offers a spa-like escape with an oversized marble steam shower, freestanding tub, and a boutique-style custom closet complete with multiple crystal chandeliers. Outdoors, enjoy large porches with fireplace overlooking the lake, resort-style living with a fully equipped 1,500 sq ft barndominium featuring a full kitchen, bedroom and bathroom-perfect for entertaining or guest quarters. A separate 1,500 sq ft workshop, custom chicken coop, and multiple fenced areas make this property ideal for hobby farming or livestock. Currently home to bees, chickens, sheep, and miniature Highland cows, the estate provides a luxurious take on farm life. At the heart of the property is a spectacular 20-acre private lake, ideal for fishing, kayaking, or soaking in panoramic sunsets. With a 3-car garage, expansive porches, and sweeping views, this rare offering combines elegance, function, and natural beauty-all within an easy commute to city amenities.

Full Property Details for 1284 A County Road 4940

General

  • Price: $1,850,000
  • Status: Active
  • Type: Farm
  • Source: NTREIS
  • MLS ID: 21148655
  • Updated: 3/15/2026
  • Added to Site: 68 day(s) ago

Interior

  • Interior Features: Chandelier, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Multiple Master Suites, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Insert, Living Room, Outside, Stone
  • Appliances: Some Gas Appliances, Built-In Gas Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan, Water Purifier
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: Additional Parking, Electric Gate, Garage, Garage Door Opener

Location

  • County: Fannin
  • Subdivision: Yellowstone Ranch
  • Driving Directions: GPS: 1284 CR 4940, Leonard TX. CR 4940 is off of Hwy 78 as you are entering into Leonard from the South.

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, Ceiling Fan(s), Electric
  • Heating Type: Propane

Utilities

  • Sewer: Aerobic Septic
  • Utility Description: Electricity Available, Propane, Septic Available

Structural Information

  • Architectural Style: Traditional, Farmhouse
  • Structure Type: House
  • Detached/Attached: Attached
  • Construction: Board & Batten Siding, Rock, Stone
  • Roof: Metal
  • Stories/Levels: 1
  • Living Area: 4,605 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 2022

Additional Structures

  • Other Structures: Guest House, Poultry Coop, RV/Boat Storage, Shed(s), Workshop, Barn(s), Stable(s)

Lot Features

  • Lot Size (Acres): 31.75
  • Lot Size (Sq. Ft.): 1,383,030
  • Lot Size Source: Public Records
  • Lot Features: Acreage, Agricultural, Pond on Lot, Sprinkler System
  • Trees/Vegetation: Cleared, Partially Wooded
  • Fencing (Description): Cross Fenced, Metal

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake Front
  • Lake Front: Yes

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Cash, Conventional, FHA, VA Loan

Listed by BLVD Real Estate, Stacie Burnside

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Listing agent

— 1284 A County Road 4940 —

  • Stacie Burnside

    BLVD Real Estate

903-563-2291

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1284 A County Road 4940

School District:Leonard Independent School District
NameGradesDistance
Leonard Elementary School
300 East Mulberry Street, Leonard, TX 75452
PK-33.9 mi
Leonard Intermediate School
501 East Hackberry Street, Leonard, TX 75452
4-53.9 mi
Leonard J High School
500 East Hackberry Street, Leonard, TX 75452
6-84.1 mi
Leonard High School
1002 North Poplar Street, Leonard, TX 75452
9-124 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1284 A County Road 4940 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/15/2026
Price Reduced
$1,850,000
-2.63%
MLS
1/08/2026
Listed
$1,900,000
—
MLS
Get Price Alerts and Save Property
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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Listed by BLVD Real Estate, Stacie Burnside

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