$3,750,000
14.9± Acres
Active
Fannin County, TX

792 County Road 4945, Leonard, Texas

MLS ID: 20516049
Status: Active
Price: $3,750,000
Acres: 14.9±
Type: Farm, Residential, Land
Address: 792 County Road 4945
City, State: Leonard, TX
County: Fannin County
ZIP Code: 75452
Parcel Number: 000000086580
Bathrooms: 2
SqFt: 8,065
Year Built: 2018

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

Directions: Use GPS. Just north of Hwy 78 on CR 4945

Additional Information

Interior

Bathrooms Full: 2
Cooling (Yes/no): Yes
Cooling: Central Air
Fireplace Features: Stone
Fireplace (Yes/no): Yes
Fireplaces Total: 1
Flooring: Concrete
Heating (Yes/no): Yes
Heating: Electric
Interior Features: Cathedral Ceilings, Open Floorplan

Exterior

Architectural Style: Farmhouse
Covered Spaces: 2
Foundation Details: Slab
Lot Features: Acreage, Agricultural, Cleared, Landscaped, Many Trees
Lot Size Area: 15
Lot Size Source: Assessor
Lot Size Square Feet: 648,870
Parking Features: Additional Parking, Circular Driveway, Gravel, Parking Lot
Patio and Porch Features: Covered
Property Attached: Yes
Road Frontage Type: County Road
Roof: Metal
Stories: 2
Water Source: Public

Financial/HOA/Schools

Elementary School: Leonard
Elementary School District: Leonard ISD
Middle School District: Leonard ISD
High School: Leonard
High School District: Leonard ISD
Subdivision Name: P W Price Surv Abs #1253
Tax Annual Amount: 9288
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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Listed By: John Carney of Jpar - Frisco