Leonard, TX 75452 792 Cr 4945
$2,995,000
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Presented By: John Carney with JPAR - Frisco; 972-836-9295
Home Details
Incredible opportunity to purchase a successful, operating, 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 2025 and well into 2026. Ag exemption.
Presented By: John Carney with JPAR - Frisco; 972-836-9295
Interior Features for 792 Cr 4945
Other Interior Features
SQFT Gross648870
Lock Box TypeNone
FlooringConcrete
Total Stories2
Total Units1
General for 792 Cr 4945
Building UseOther
Business NameMagnolia Grace Ranch
Business TypeHospitality
Ceiling HeightMore than 20 Feet
CityLeonard
Construction MaterialsSteel Siding
CoolingCentral Air
CountyCollin
DirectionsUse GPS. Just north of Hwy 78 on CR 4945
Gross Annual Expenses200000.00
HeatingElectric
PossessionClosing/Funding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMetal
Standard StatusActive
StatusActive
Subdivision NameP W Price Surv Abs #1253
Tenant PaysAll Utilities
Unexempt Taxes9288
UtilitiesCity Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built2018
Year Built DetailsPreowned
Zoning DescriptionCommunity Center
Exterior for 792 Cr 4945
Building Area Total8065.00
Foundation Slab
Lot FeaturesAcreage, Agricultural, Cleared, Landscaped, Many Trees
Lot Size10 to < 50 Acres
Lot Size Acres14.8960
Lot Size Area14.8960
Lot Size SourceAssessor
Lot Size Square Feet648869.7600
Lot Size UnitsAcres
Parking FeaturesCircular Driveway, Gravel, Parking Lot
Road Frontage TypeCounty Road
Additional Details
Price History
![](https://dtzulyujzhqiu.cloudfront.net/allcityrealestate546/profiles/1581101073.jpg)
Yadira Leon
Realtor