$449,000
 $2,549 est/mo Sourced by Back At You

3150 Fm 272,Celeste, TX 75423

Celeste, TX 75423

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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.

Details

MLS #21273726
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site92
Listing Provided ByCompass RE Texas, LLC. | Kyle Graham

Features

ZoningNone
Acreage15.78

Interior

CoolingNone
HeatingNone

Exterior

Lot FeaturesAcreage

Utilities

UtilitiesNone

Taxes

Unexempt Taxes7529
Tax Legal DescriptionA0691 M MORGAN, ACRES 15.78

Area Information

StateTX
CountyFannin
CityCeleste
Zip Code75423
AreaFannin
School DistrictLeonard ISD
Elementary SchoolLeonard
High SchoolLeonard
Listing VS Median (in 75423)
Price:
$449,000
low | high
Med:
$509,995
36.415367483296% of Average
On site:
92
low | high
Med:
318.5
28.885400313972% of Average
Sourced by Back At You

Market Activity 75423

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyFannin
CityCeleste
Zip Code75423
AreaFannin
School DistrictLeonard ISD
Elementary SchoolLeonard
High SchoolLeonard
Listing VS Median (in 75423)
Price:
$449,000
low | high
Med:
$509,995
36.415367483296% of Average
On site:
92
low | high
Med:
318.5
28.885400313972% of Average
Sourced by Back At You
Listing Updated: June 9, 2026 at 9:03:09 AM PDT