About 792 Cr 4945
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
Features of 792 Cr 4945
| MLS® # | 20516069 |
|---|---|
| Price | $3,750,000 |
| Bathrooms | 0.00 |
| Acres | 14.90 |
| Year Built | 2018 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 792 Cr 4945 |
|---|---|
| Subdivision | P W Price Surv Abs #1253 |
| City | Leonard |
| County | Collin |
| State | TX |
| Zip Code | 75452 |
Amenities
| Utilities | City Water, Electricity Connected |
|---|---|
| Garages | Circular Driveway, Gravel, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Description | Acreage, Agricultural, Cleared, Landscaped, Many Trees |
|---|---|
| Roof | Metal |
| Construction | Steel Siding |
| Foundation | Slab |
Financial Information
| Tax Unexempt | $9,288 |
|---|
Additional Information
| Zoning | Community Center |
|---|
Listing Details
| Agent | John Carney |
|---|---|
| Office | JPAR - Frisco |
| Contact Info | 972-836-9295 |