Leonard Homes under $250,000

Welcome to Leonard, Texas—a hidden gem nestled in the heart of rural charm and vibrant community spirit. This quaint city, located in Fannin County, offers a delightful blend of small-town warmth and modern conveniences, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle. With its friendly residents and picturesque landscapes, Leonard invites you to experience the best of Texan living.

One of the standout features of Leonard is its affordability. The real estate market here is thriving, with a variety of homes available for under $250,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find an array of options that cater to your needs. From cozy single-family homes with charming yards to modern townhouses, there’s something for everyone. The affordability of these properties allows you to invest in your dream home without breaking the bank, all while enjoying the benefits of a close-knit community.

In addition to its appealing housing market, Leonard boasts a range of local amenities, including parks, shops, and restaurants that reflect the unique character of the area. The city is also conveniently located near larger metropolitan areas, providing easy access to urban attractions while allowing you to return to the serene embrace of country living.

Come discover Leonard, Texas—a place where affordability meets charm, and where every day feels like a warm welcome home. Whether you’re seeking a vibrant community or a tranquil retreat, Leonard is waiting for you to explore its possibilities. Your dream home is just a visit away!

Newest Leonard Homes under $250,000

$225,000

3 Beds ⋅ 2 Baths ⋅ 21419973 MLS

ESTABLISHED NEIGHBORHOOD CHARM, MATURE TREES & NO HOA! Welcome to 305 W Thomas Street in the growing town of Leonard, Texas! Priced at $225,000, this 3-bedroom, 2-bath home sits on a generous approximately one-third-acre double lot, offering something hard to duplicate in nearby new construction: mature shade trees, an established neighborhood, and room to enjoy the outdoors. Inside, you'll find beautiful light-stained, nail-down hardwood floors throughout—NO CARPET! The open living and eat-in kitchen areas create an inviting space for everyday living and entertaining. The kitchen features white cabinetry, quartz countertops, a gas range, vent hood, and stainless steel dishwasher. Other highlights include updated siding and windows, a composition-shingle roof, and a spacious 2-car garage with a 9-foot-tall garage door ideal for your truck. A concrete driveway and sidewalk complete the welcoming entrance. The gutters, french drain system and roof are newer and the fenced back yard is fenced and ready for activities. Enjoy the convenience of city services and NO HOA. Leonard offers small-town Texas charm with convenient access to State Highway 121 and US Highway 75 for travel toward McKinney, the Sherman technology corridor, and McKinney National Airport—an exciting asset for the growing North Texas region. Whether you're a first-time buyer, ready to downsize, or searching for an investment property, discover the space, character, and location this Leonard home offers. Schedule your showing! KEYWORD SEARCH: Leonard TX homes for sale, Fannin County real estate, 3 bedroom 2 bathroom home, .3 acre, double lot, no HOA, mature trees, established neighborhood, hardwood floors, city utilities, 2-car garage, first-time homebuyer, downsizing, investment property, SH 121, US 75, Sherman technology corridor, McKinney National Airport. Information deemed reliable but Buyer should perform due diligence.

305 W Thomas St, Leonard

$225,000

3 Beds ⋅ 2 Baths ⋅ 21362750 MLS

Excellent updated home for first time buyers or for sizing down. Three bedrooms, one and one-half baths and two living and dining areas. New updates in 2023 include new luxury vinyl plank flooring, Frigidaire appliances- range, microwave and dishwasher, water heater and Carrier 16 SEER heat and air. Kitchen has Farm sink, disposal and breakfast bar. Paint includes exterior and interior of house and new baseboards. Concrete driveway in front was extended and a new 18x20 concrete patio was added in back. A large shaded yard with privacy fence, patio and storage building will make family fun and relaxation very enjoyable. NEW ROOF WAS INSTALLED IN MID FEBRUARY 2025. This home is located in a nice area, on a dead end street. Nice and quiet area.

511 N Tucker St, Leonard

$89,990

2 Beds ⋅ 1 Baths ⋅ 21354250 MLS

Cash buyers sold as-is. This single-family property presents a remarkable opportunity for investors, the existing structure requires comprehensive updates and repairs, serving as a blank canvas for a complete custom renovation or a modern flip.

107 W Travis St, Leonard

$179,500

3 Beds ⋅ 2 Baths ⋅ 21352041 MLS

Spacious 3-bedroom, 2-bath home offering approximately 1,824' & 1-car garage. Open, comfortable floor plan features an exceptionally large living area & spacious dining room with plenty of room for entertaining. The generously sized kitchen offers an abundance of cabinets, ample countertop space, a breakfast bar and an open connection to the surrounding living areas. All three bedrooms provide comfortable accommodations, while the covered patio creates a pleasant outdoor space for relaxing or gathering with friends & family. Home is ready for a buyer’s personal touches, including fresh paint, flooring and selected appliance updates. View the virtually staged AI photos to see just how easily this spacious property could become an adorable and inviting place to call home while already offering a spacious & functional layout with plenty of potential. Conveniently located near Leonard ISD campuses, local shopping, restaurants, parks, with easy access to US Highway 69 for travel toward McKinney, Plano, & greater N. TX area. Outdoor recreation, fishing, boating, camping, & trails at nearby Lake Bonham & Bonham State Park. Come explore the possibilities this Leonard property has to offer! Property subject to 3-Day Wait Period, seller will negotiate offers after the period expires-Monday, August 10, 26 - you can start submitting an offer after this date but not before. Cash offers require 10% EMD or $1,000 minimum, whichever is greater, all financed offers require 1% EMD or $1,000 minimum, whichever is greater. Seller does not accept blind offers, escalation clauses, LOI, or assignments. (which means ALL INVESTORS MUST VIEW THE PROPERTY WITH A LICENSED AGENT WHO MUST FOLLOW ALL SELLER INSTRUCTIONS), escalation clauses, LOI, or assignments. Buyers & their agent's responsibility to verify all info contained herein incl but not limited to condition, rm sizes, amenities, schools, acreage, flood plain information, foundation, roof, etc, & overall condition of the property.

502 E College St, Leonard

$210,000

2 Beds ⋅ 2 Baths ⋅ 21335649 MLS

Modern farmhouse charm meets exceptional workspace in the heart of Leonard! Situated on a corner lot with mature shade trees, this beautifully updated 2-bedroom, 2-bath home offers approximately 1,262 square feet of thoughtfully designed living space paired with an impressive 100’ x 50’ (5,000± sq. ft.) workshop rarely found at this price point. Inside, you’ll find an open-concept layout featuring luxury vinyl flooring, custom built-in cabinetry, plantation shutters, decorative lighting, and a spacious living area centered around an oversized kitchen. The kitchen is designed for both everyday living and entertaining with quartz countertops, a large island, farmhouse sink, gas range, stainless steel appliances, abundant cabinetry, and a striking pot rack centerpiece. The primary suite features a walk-in closet and an updated ensuite bath, while the second bath showcases a stylish walk-in shower with modern finishes. A tankless water heater and high-speed internet availability add everyday convenience. Step outside to enjoy the covered front porch and private backyard shaded by mature trees, creating a peaceful setting between the home and the workshop. The commercial-sized workshop offers endless possibilities with expansive open space, oversized sliding doors, concrete flooring, loft storage, and multiple work areas. Whether you’re a contractor, woodworker, fabricator, collector, small business owner, or simply need room for RVs, boats, equipment, or hobbies, this building is ready to accommodate your vision. An added bonus is the private apartment with its own entrance, offering excellent flexibility for guests, extended family, a home office or potential rental income. A rare opportunity to own a true live-work property that combines updated residential comfort with unmatched workspace and versatility—all within easy reach of the growing North Texas corridor.

100 E Austin St, Leonard

$189,000

3 Beds ⋅ 2 Baths ⋅ 21321161 MLS

Bring your ideas and see the potential at 210 W Houston. Situated on a large double corner lot with mature shade trees, this 3-bedroom, 2-bath home is ready for renovation and a new vision. The interior needs cosmetic updating, including flooring, paint and kitchen improvements, but several major components have already been addressed—the roof, HVAC system and water heater are all less than five years old. The existing floor plan also offers an opportunity to rework the kitchen and living areas for a more open, modern layout. Outside, the oversized lot provides plenty of room to expand the possibilities, whether that's a workshop, additional outdoor space or potentially another structure, subject to applicable city requirements. With solid fundamentals, a generous lot and plenty of room for improvement, this is an opportunity for a buyer who would rather create value than pay for someone else's renovation. Offered as-is and priced with its current condition in mind.

210 W Houston St, Leonard

$230,000

3 Beds ⋅ 2 Baths ⋅ 21315947 MLS

5k in credit from the seller to use for paint or closing costs. This darling home is situated within walking distance of all Leonard Schools, elementary is one block west, High School is two blocks north. Easy access to all area jobs in Anna, Trenton, Melissa, Greenville, McKinney, Sherman, Bonham, DFW, are all within easy driving distance. This cute home has great drive-up appeal with easy front entry garage, nice living room, dining room and kitchen, split bedrooms with primary bedroom and bath on the west side, secondary bedrooms and bath on the east side, utility and bonus storage, hobby room or pocket office off the kitchen going to garage.

403 Mulberry St, Leonard

$227,000

3 Beds ⋅ 2 Baths ⋅ 21268943 MLS

Welcome home to this beautifully renovated 3-bedroom, 2-bath residence in the heart of Leonard. Situated on an oversized corner lot with no HOA, this move-in-ready home offers the perfect blend of modern updates and small-town charm. Inside, you'll find over 2,000 square feet of thoughtfully updated living space featuring fresh interior and exterior paint, brand-new flooring, a completely remodeled kitchen with new appliances, and beautifully updated bathrooms. The spacious bonus room provides endless possibilities as a home office, game room, media room, or fourth bedroom. Major improvements—including a new roof and HVAC system in 2024—offer peace of mind for years to come. The attached two-car garage, covered patio, and expansive backyard create the perfect setting for entertaining, relaxing, or enjoying outdoor activities. Conveniently located just minutes from schools, parks, downtown Leonard, and an easy commute to the growing North Texas corridor, this home delivers exceptional value, modern comfort, and room to grow. Don't miss your opportunity to own a turnkey home on one of Leonard's most desirable oversized lots. Schedule your private showing today.

312 E Cottonwood St, Leonard

$70,000

2 Beds ⋅ 1 Baths ⋅ 21235822 MLS

This property is back on the market with a NEW SURVEY. The property has City of Leonard water, sewer, and electrical, on the property. The value is in the land, and utilities. The house and other structures have no value. The property is being sold in as is condition. Anyone going to view the property should use caution. There are existing trip and fall hazards as well as Poison Oak, Poison Ivy, etc.. CLEAN THIS ONE UP, BUILD A HOME IN THE EDGE OF TOWN! NICE LOCATION.

402 W Fannin St, Leonard

$214,990

3 Beds ⋅ 2 Baths ⋅ 21165667 MLS

New Construction by DR Horton. This beautiful 1 story home offers 3 Bedrooms, 2 Bathrooms, 2 Car Garage, and Covered Patio. Kitchen includes island and spacious corner pantry. Energy efficient, and smart home features included. Call today to schedule an appointment.

104 Nokota Dr, Leonard

$219,990

3 Beds ⋅ 2 Baths ⋅ 21165659 MLS

108 Nokota Dr, Leonard

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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Leonard Homes under $250,000

Newest Leonard Homes under $250,000

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