# 3150 Fm 272, Celeste, TX 75423 > **TL;DR:** land, $449,000, built 1940. Est. $2,401/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $449,000 | | Year Built | 1940 | | Lot Size | 687,377 sqft (15.78 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,270 | | Estimated Insurance | $131 | | **Total** | **$2,401** | ## Nearby Schools - **Elementary:** Leonard - **High:** 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 - **Coordinates:** 33.375931, -96.196844 - **Google Maps:** https://www.google.com/maps?q=33.375931,-96.196844 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21273726 ## Listing Agent - **Name:** Kyle Graham - **Brokerage:** Compass RE Texas, LCC - **Phone:** (214) 814-8100 - **Broker Phone:** (214) 814-8100 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3150-FM-272_Celeste_TX_75423_M94059-75423?f=listhub&s=NTREIS&m=21273726&c=propsimple) ## Photos ![3150 Fm 272 - Photo 1](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2314472247r.jpg) ![3150 Fm 272 - Photo 2](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f3712719276r.jpg) ![3150 Fm 272 - Photo 3](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f3462014332r.jpg) ![3150 Fm 272 - Photo 4](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2733921943r.jpg) ![3150 Fm 272 - Photo 5](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f3828424079r.jpg) ![3150 Fm 272 - Photo 6](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2935577911r.jpg) ![3150 Fm 272 - Photo 7](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f3547714253r.jpg) ![3150 Fm 272 - Photo 8](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f443335711r.jpg) ![3150 Fm 272 - Photo 9](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f1272114958r.jpg) ![3150 Fm 272 - Photo 10](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f1433737008r.jpg) ![3150 Fm 272 - Photo 11](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2392796413r.jpg) ![3150 Fm 272 - Photo 12](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f3263391939r.jpg) ![3150 Fm 272 - Photo 13](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f869222896r.jpg) ![3150 Fm 272 - Photo 14](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2503546078r.jpg) ![3150 Fm 272 - Photo 15](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f360623779r.jpg) ![3150 Fm 272 - Photo 16](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f2083263308r.jpg) ![3150 Fm 272 - Photo 17](http://lh.rdcpix.com/bf37d9f4e8f9e97bbb61a0cb387ffd6bl-f824962663r.jpg) --- **MLS#:** 21273726 | **Updated:** 2026-07-02 **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.ai/listing/3150-fm-272-celeste-tx-75423-21273726) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3150-fm-272-celeste-tx-75423-21273726#listing", "url": "https://www.propertysimple.ai/listing/3150-fm-272-celeste-tx-75423-21273726", "name": "3150 Fm 272, Celeste, TX 75423", "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. 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