3150 Fm 272, Celeste, TX 75423

Property 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.

Listing Status:

Active

Data Last Updated:

July 3, 2026 at 7:17AM

Listing Office:

Compass RE Texas, LLC. : 214-814-8100

Listing Agent:

Kyle Graham :

MLS ID:

21273726

Interior

• A/C: None
• Heating: None

Location

• Originating MLS: NTR
• School District: Leonard ISD
• County: Fannin

Lot

• Zoning: A0691 M MORGANACRES 15.78000000079340
• Current Use: Vacant

Utilities

• Utilities: None

Financial

• Source: NTR