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Leonard 75452
405 E Grayson Street
$179,000
● House - Off Market

405 E Grayson Street

Leonard, TX 75452
bedrooms
2 Beds
bathrooms
0 Bath
square feet
872 Ft²
$1,192
Est. Monthly
7.29%
Cap Rate

About This Property

Charming and cozy, this adorable 2-bedroom, 1-bath home sits on two spacious lots, offering endless possibilities! The open-concept living, dining, and kitchen area creates a warm and inviting atmosphere, perfect for entertaining or relaxing. A large laundry room adds extra convenience, while two mini-split units provide efficient heating and cooling year-round. Enjoy your mornings or evenings on the expansive front porch, a great spot to unwind. With a second lot included, you have the opportunity to build another home, a shop, or simply enjoy the extra space. This property is ideal for a first-time homebuyer, retiree, or as a rental investment-don't miss out on this fantastic opportunity!
Unit Size
872 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$205
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1930

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Last updated: 2 years ago (NTREIS #20867352)

Price History

Date / Event Date Event Price
Apr 16, 2025 Sold
Sold
Mar 22, 2025 In contract -
In contract
Mar 10, 2025 Listed by C-21 DEAN GILBERT, REALTORS $179,000
Listed by C-21 DEAN GILBERT, REALTORS
Feb 20, 2024 Sold
Sold
Sep 15, 2023 Listed by Fathom Realty $159,000
Listed by Fathom Realty
ZERO DOWN USDA LOAN ELIGIBLE AREA Looking to escape the hustle and bustle of the city and enjoy small town living? This home is just waiting for you! This 2 bedroom 1 bath home sits on a double lot on a dead end street in the small community of Leonard. The home has many recent updates to include an open floor plan, fresh paint and new flooring throughout, updated hardware on doors and cabinets, new backsplash in kitchen, custom shelves added in bathroom and off the laundry room; could be used as a pantry, all new window blinds and 2 new mini-split heating and cooling units for efficiency. On the outside of the home you will find new cedar steps at front and side entrance, new cedar accents on the front porch, and the roof was replaced in 2022. Leonard is located just 30 minutes from McKinney, Sherman, and Greenville. This is small town living with the conveniences of the city nearby. Schedule your private showing today!

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 872
  • Building Area: 872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REECE ADD
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: REECE ADDN, BLOCK 2, LOT 3,4

Neighborhood

  • School District Name: Leonard Independent School District
  • Census Tract: 950701

Geography

  • Account Number: 9140-002-003A-02
  • Parcel: 90313
  • Block: 2
  • Lot: 3,4
  • Municipality: LEONARD
  • Latitude: 33.3785
  • Longitude: -96.243

    Address

  • Full Address: 405 E Grayson St
  • Address - House Number: 405
  • Street Direction: E
  • Address - Street Name: Grayson
  • Address - Suffix Type: St
  • State: TX
  • City Name: Leonard
  • Carrier Code: R003
  • 4-Digit Zip Code: 2923
  • Zip Code: 75452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $231,836
  • Tax Rate Code Area: CLE GFA SL

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 157,966
  • High Value: 187,184
  • Low Value: 128,748

    Market Valuation

  • Market Total Value: $110,730
  • Market Land Value: $82,510
  • Market Improvement Value: $28,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,730
  • Assessed Land Value: $82,510
  • Assessed Improvements Value: $28,220

    Sales

  • Current Sale Contract Date: Feb 19, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1036
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Leonard


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4494 N Us Highway 69, Leonard, TX, 75452

$1,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,472 ft²
4494 N Us Highway 69, Leonard, TX, 75452 Listing by Ronda Matherly


Frequently Asked Questions

When was property at 405 East Grayson Street built and last sold?
The property at 405 East Grayson Street was built in 1930 and last sold on Feb 19, 2024 for $153,218.
How much is this home worth?
The estimated value of the home located at 405 East Grayson Street is $177,920.
What are some comparable homes to 405 East Grayson Street?
There are currently no comparable homes to 405 East Grayson Street.