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- Description
- Property Details
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- Facts & Features
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$399,000
Monthly Est:$1,986
-- Bed
- -- Bath
15.78acres lot
3150 Fm 272, Celeste, TX 75423
$399,000
$1,986/moEst:
Get Pre-Approved
Unimproved Land
Built in 1940
$-- HOA
15.78 acres lot
$25,285/acre
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 5, 2026 at 6:45 pm
- Listing Provided by: Kyle Graham | Compass RE Texas, LLC. (214) 814-8100
- Source: NTREIS MLS-TX | MLS#: 21273726

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
15.78 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21273726
MLS Status
Active
Cumulative Days on Market
140

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
None
Heating
None
Utilities & Energy
Utilities
None
Other Features
Lot Features
Acreage
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
05/20/2026 Source: | Price Decreased | $399,000 -11.14% $0/sqft |
05/20/2026 Source: | Listed for Sale | $449,000 $0/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 10, 2026, 12:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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