Leonard Homes under $250,000

Welcome to Leonard, Texas—a charming small town that perfectly embodies the spirit of Texas living. Nestled in the heart of Fannin County, Leonard is known for its friendly atmosphere, rich history, and strong community values. With a population of just over 2,000 residents, this quaint town offers a peaceful retreat from the hustle and bustle of city life, making it an ideal place for families, retirees, and first-time homebuyers alike.

One of the most appealing aspects of Leonard is its affordability. The real estate market here boasts a selection of charming homes priced under $250,000, making it accessible for those looking to invest in their future without breaking the bank. Whether you’re searching for a cozy bungalow, a spacious family home, or a quaint cottage, Leonard has something to offer everyone. With its picturesque streets and inviting neighborhoods, you’ll find a variety of options that cater to different lifestyles and preferences.

In addition to affordable housing, Leonard offers a warm community vibe with local events, parks, and recreational activities that encourage residents to connect and thrive. The town is also conveniently located near larger cities like Bonham and Greenville, providing easy access to shopping, dining, and entertainment.

Experience the charm of small-town living with the modern conveniences you desire. Discover your dream home in Leonard, Texas, where affordable housing meets a welcoming community. Let us help you find the perfect place to call home in this delightful town!

Newest Leonard Homes under $250,000

$250,000

3 Beds ⋅ 2 Baths ⋅ 21358463 MLS

Welcome to this charming and beautifully updated home in the heart of Leonard! Originally built in the 1920s, this home blends timeless character with thoughtful updates. The property offers 3 bedrooms and two full bathrooms, providing functional living space and a cozy layout. Enjoy a welcoming floor plan, updated finishes, and the character you’d expect from a historic home, while benefiting from the conveniences of modern improvements. Located in an established neighborhood with easy access to local schools, shopping, dining, and community amenities, this home offers the perfect opportunity to enjoy small-town living with plenty of space to make it your own. Schedule a showing today, you will be glad you did!

407 E Bois D Arc 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

$99,999

2 Beds ⋅ 1 Baths ⋅ 21348554 MLS

Large, tree-shaded lot with established driveway and a storm shelter beside the home. The early-1900s frame house includes a later-added laundry room and bathroom from when utilities became available in Leonard. The structure currently offers minimal value but provides a footprint for remodeling potential, expansion, or new construction. The value is in the land — spacious, mature trees, and room to create your vision.

208 E Austin, 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

$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

$235,000

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

SELLER SAYS SELL IT! One acre of land with an old home that dates back to 1918. 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

$229,990

3 Beds ⋅ 2 Baths ⋅ 21165787 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.

202 Nokota Dr, Leonard

$214,990

3 Beds ⋅ 2 Baths ⋅ 21165667 MLS

104 Nokota Dr, Leonard

$224,990

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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