7939 S State Highway 78, Leonard, TX 75452
7939 S State Highway 78, Leonard, TX 75452
7939 S State Highway 78, Leonard, TX 75452
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$624,999
Est. payment /mo
3 Beds
2 Baths
2,118 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 2,118 sqft

Subdivision A0343 Em Eubanks Acres

MLS Listing ID 21173100

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1998

Annual Tax Amount $7,545

Lot Size 17.615 Acres

Acres 17.615

Property Sub-Type Farm/Ranch

Property Description

MAJOR PRICE REDUCTION. Priced aggressively at land value with over 17 acres, multiple access points, and no restrictions. Rare opportunity in this area just outside Leonard, where privacy, versatility, and recent upgrades converge on a sprawling 17.6-acre property with no restrictions and dual road access from both State Highway 78 and County Road 3701.

Set back from view with gated access, this private homestead features a 3-bed, 2-bath main home with extensive upgrades: roof (2023), HVAC (2024), windows (2025), new interior doors, paint, fixtures, thermostat, and tile in the bedrooms (5 years old). The kitchen is fully updated, featuring 10K in new cabinetry and modern finishes. The guest bath includes a newly replaced shower and a new vanity and sink.

Built on an 8-inch post-tension slab with two-foot piers. A 640 sq ft (16x40) tiny home with its own entrance off CR 3701 includes 2 bedrooms, a bathroom, a full kitchen, and a living room—ideal for guests, rental income, or extended family.

The property also includes a 12x16 barn with a storage loft, a 10x20 red storage shed (spray foam insulated) attached to a two-stall carport, and an 8x20 blue shed attached to a three-stall carport. Additional features include a fenced garden and a livestock feeding and grazing area. The entire property is fully fenced and extremely private. The main home is not visible from FM 68 or Hwy 78. Property may be subdivided.

Area highlights: Minutes from Bois d'Arc Lake, now open for boating, fishing, and recreation, and the future Lake Ralph Hall, projected to be completed by 2026. These two major reservoirs are transforming the region into a recreational and residential destination with increasing long-term value.

No restrictions. Bonham ISD. A move-in-ready, high-potential property offering privacy, functionality, and investment upside.

Location

State TX

County Fannin

Direction Going South on Hwy 78, turn left into the driveway when you see the For Sale sign and red trash bins. Coming North on Hwy 78, turn right into the driveway at the same markers. The driveway is long and gravel.

Rooms

Dining Room 1

Interior

Interior Features Other

Heating Central

Cooling Central Air

Appliance Dishwasher, Electric Range

Heat Source Central

Exterior

Utilities Available Co-op Water, Septic

Street Surface Dirt,Gravel

Garage No

Building

Story One

Level or Stories One

Schools

Elementary Schools Finleyoate

High Schools Bonham

School District Bonham Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21173100


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Chaz Cameli • Monument Realty

Nearby Locations

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