About This Home

This land at 3150 Fm 272 in Celeste, TX is listed for $449,000 (15.78 acres).

Key Features

  • Built in 1940
  • 15.78 acre lot

Property Details

1940
Listing Description

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.

Location

3150 Fm 272

Celeste, TX 75423

Questions & Answers

This 0-bedroom, 0-bathroom land at 3150 Fm 272 is listed at $449,000. The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 15.78 acre lot.

This property is listed by Kyle Graham and can be reached at (214) 814-8100.

KG

Kyle Graham

Agent at Compass RE Texas, LCC

(214) 814-8100

Listed by Compass RE Texas, LCC · Broker phone: (214) 814-8100 · View on Broker Site

MLS# 21273726· Source: North Texas Real Estate Information Systems, Inc.· 118 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3150 Fm 272, Celeste, TX 75423

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