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