About this home

Build Your Dream Home on a Rare 2-Acre Lot in Valley Creek Country Estates. Discover the perfect blend of peaceful country living and modern convenience with this rare 2-acre homesite in the highly sought-after Valley Creek area in Leonard, Texas. Nestled in a serene and scenic setting, this unique property offers a rare opportunity to build the custom home you've always envisioned. This property benefits from light deed restrictions designed to protect and preserve the charm, value, and integrity of the community. Enjoy the privacy and tranquility of country living while still being just 30+ or - minutes from McKinney, Sherman, and Greenville-ideal for commuters or those seeking a weekend retreat. Access to the property is flexible: you may use FM 896 as an entry point (with proper approvals), or take advantage of the private easement along the side of 3837 FM 896 that leads directly to the property. Property Highlights: 2-acre residential lot in a peaceful, established country estate community, light deed restrictions (no mobile homes) to maintain community standards, multiple access options, conveniently located near major cities while offering rural charm. Utilities available -*** Water: Contact Arledge Ridge Water Supply Corp. (Engineer's Report is required for Water Meter approval and Sellers will order and pay for Engineer's Report upon accepted offer) ***Electricity: Contact Fannin County Electric. Don't miss your chance to own a beautiful piece of land in one of Leonard's most desirable areas. Bring your vision-and your builder-and start planning your forever home today. See Transaction Desk for Deed Restrictions. One acre next to this property is listed as well MLS 2107876.

Facts and features

Schools

• Leonard High School

  high · 9-12 · 2.4 mi

  6

• Leonard Junior High School

  middle · 6-8 · 2.4 mi

  8

• Leonard Elementary School

  elementary · K-3 · 2.5 mi

  7

• Alpha Omega Christian School

  elementary · K-10 · 2.9 mi

• Leonard Intermediate School

  elementary · 4-5 · 2.5 mi

  8

Price history

• May 30, 2026 · Price Changed$155,000
• Jul 31, 2025 · Listed$195,000

Tax history

• 2026$2,016 tax · $128,000 assessed
• 2025$2,168 tax · $135,000 assessed
• 2023$2,360 tax · $145,000 assessed
• 2022$1,102 tax · $80,000 assessed
• 2021$478 tax · $32,000 assessed
• 2020$439 tax · $28,000 assessed
• 2019$318 tax · $19,200 assessed
• 2018$302 tax · $17,200 assessed

Where it is