3150 Fm 272, Celeste, TX 75423
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: kyle graham
Office: compass re texas, llc.
MLS#:21273726
Source:GDAR
Price summary
- Price:$399,000
About this home
Located just outside the city limits of Leonard in growing Fannin County, this 15.78-acre tract offers an excellent opportunity for future residential development, investment, or a private homesite. With frontage along a Farm-to-Market road and nearby utilities in the area, the property combines accessibility with a Texas Country setting that is increasingly difficult to find.
Mostly wooded with level topography, this property provides flexibility for a variety of potential uses. An older home currently sits on the property and is considered to have little to no contributory value, making this a true land-focused offering with a clean slate for future improvements.
Surrounding development activity continues to support long-term potential in this area, including neighboring acreage that is currently being developed into a residential neighborhood. Whether intended for a single estate property, multiple homesites, or future development, this tract is well-positioned in one of North Texas’ steadily growing corridors.
Important to note, while portions of the surrounding area contain floodplain, this property is not located within a FEMA flood zone — a valuable designation for future planning and development....
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Home facts
- Year built:1940
- Subdivision & Development:None
- Listing ID #:21273726
- Added:144 day(s) ago
- Updated:October 11, 2026 at 11:44 AM
Heating and cooling
- Cooling:None
- Heating:None
Structure and exterior
- Year built:1940
- Lot area:15.78 Acres
- Lot Features:Acreage
Schools
- High school:Leonard
- Middle school:Leonard
- Elementary school:Leonard
Finances and disclosures
- Price:$399,000
- Tax amount:$7,529
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