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.
| MLS # | 21273726 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 92 |
| Listing Provided By | Compass RE Texas, LLC. | Kyle Graham |
| Zoning | None |
|---|---|
| Acreage | 15.78 |
| Cooling | None |
|---|---|
| Heating | None |
| Lot Features | Acreage |
|---|
| Utilities | None |
|---|
| Unexempt Taxes | 7529 |
|---|---|
| Tax Legal Description | A0691 M MORGAN, ACRES 15.78 |
| State | TX |
|---|---|
| County | Fannin |
| City | Celeste |
| Zip Code | 75423 |
| Area | Fannin |
| School District | Leonard ISD |
| Elementary School | Leonard |
| High School | Leonard |
| Listing VS Median (in 75423) | |
Price: $449,000 low | high Med: $509,995 On site: 92 low | high Med: 318.5 | |
| State | TX |
|---|---|
| County | Fannin |
| City | Celeste |
| Zip Code | 75423 |
| Area | Fannin |
| School District | Leonard ISD |
| Elementary School | Leonard |
| High School | Leonard |
| Listing VS Median (in 75423) | |
Price: $449,000 low | high Med: $509,995 On site: 92 low | high Med: 318.5 | |