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Property Description

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
: Electric
: Metal
: Steel Siding
: Concrete
: Slab
: Acreage, Landscaped, Many Trees, Agricultural, Cleared
Address Map
US
TX
Collin
Leonard
75452
792
CR 4945
W97° 41' 55.4''
N33° 22' 56.7''
Additional Information
Use GPS. Just north of Hwy 78 on CR 4945
: All Utilities
$9,288
: City Water, Electricity Connected
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Community Center
JPAR - Frisco
0628040

792 CR 4945

Leonard, Texas 75452

14.90 Acre
$3,750,000
MLS #20516069
Basic Details
Status : Active
Property Type : Commercial Sale
Lot Size : 14.90 Acre
Price : $3,750,000
Year Built : 2018
MLS : 20516069
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