# 3150 Fm 272, Celeste, TX 75423

> **TL;DR:** land, $449,000, built 1940. Est. $1,946/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,000 |
| Year Built | 1940 |
| Lot Size | 687,377 sqft (15.78 acres) |
| Property Type | Land (Unimproved Land) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,946 |
| **Total** | **$1,946** |

## Nearby Schools

- **Elementary:** Leonard

## Property Highlights

- Built in 1940
- 15.78 acre lot

## Description

### Agent 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

- **Address:** 3150 Fm 272, Celeste, TX 75423
- **County:** Fannin
- **Neighborhood:** None
- **Coordinates:** 33.375931, -96.196844
- **Google Maps:** https://www.google.com/maps?q=33.375931,-96.196844

## Listing Agent

- **Name:** Kyle Graham
- **Brokerage:** Compass RE Texas, LLC.
- **Phone:** 2148148100
- **Email:** kyle@rupleproperties.com

## Primary Photo

![3150 Fm 272 - Primary Photo](http://lh.rdcpix.com/b66200528b215f7505baff1f71641c47l-f1642124755r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/3150-fm-272-celeste-tx-75423-21273726)*

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**MLS#:** 21273726 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3150-fm-272-celeste-tx-75423-21273726)

---

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