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3150 Fm 272

Celeste, Texas 75423
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Acres15.78

Acres(Lot)

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 i s 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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Detail Ic Property Details

Property Type : Land

Price : $449,000

AD Id : 78977721

MLS Id : 562249496

Lot Size : 15.78 Acres(Lot)

County : Fannin

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Feature Features

  • Utilities

    None
  • Cooling Features

    None

    Heating Source

    None

  • Building Information

    Built Year: 1940

  • Lot Information

    Lot Size (Acr): 15.7800 Lot Size Units: Acres Lot Size Square Feet: 687,377 Lot Features: Acreage
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: None City: Celeste State: Texas Directions: From Leonard, travel south on US Highway 69 toward Celeste for approximately 4 miles. Turn left onto FM 272 and continue East for approximately 3 miles. The property at 3150 FM 272, Celeste, TX 75423, will be on your right. Property Status: Active Property Age: 86

  • Listing Price Information

    Original List Price: $449,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 000000079340 Tax Legal Description: A0691 M MORGAN, ACRES 15.78 Unexempt Taxes: $7,529

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Leonard High School: Leonard Junior High School: Leonard School District: Leonard ISD
  • Utility Information

    Utilities: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
895 County Road 1006, Celeste, TX, 75423 $98,000 -- -- -- 1.80 Acres(Lot)
TBD W Fm-1566, Celeste, TX, 75423 $2,250,000 -- -- -- 152.74 Acres(Lot)
TBD County Road 1110, Celeste, TX, 75423 $1,095,000 -- -- -- 57.98 Acres(Lot)
0000 County Road 1019, Celeste, TX, 75423 $334,000 -- -- -- 47.64 Acres(Lot)
TBD County Road 1043 #L.., Celeste, TX, 75423 $67,000 -- -- -- 1.75 Acres(Lot)
TBD County Road 1043 #L.., Celeste, TX, 75423 $64,000 -- -- -- 1.75 Acres(Lot)
TBD County Road 1043 #L.., Celeste, TX, 75423 $67,000 -- -- -- 1.27 Acres(Lot)
9999 Private Road #1194, Celeste, TX, 75423 $175,000 -- -- -- 13.36 Acres(Lot)
35 AC County Road 1046, Celeste, TX, 75423 $495,000 -- -- -- 35 Acres(Lot)
TBD County Rd 1038, Celeste, TX, 75423 $2,200,000 -- -- -- 104.75 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/20/2026 @ 21:54

MLS: 562249496 LISTED BY: Kyle Graham, Compass RE Texas, LLC. 214-814-8100 SOURCE: NTREIS - North Texas Real Estate Information

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