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Land for Sale in Celeste, Texas

3150 FM 272, Celeste, TX 75423

$449,000
15.8 acres
Active sale
ago
Est $3,493/mo

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.

Location

Street address
3150 FM 272
Elevation
658 feet
Coordinates
33.3759, -96.1968

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 details

Acreage
15.78 acres
MLS #
NTREIS 21273726
Posted

Parcels

  • 000000079340

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Structure

Heating
None

Nearby schools

NameType
LeonardElementary

Listing history

DateEventPriceChangeSource
May 21, 2026New listing$449,000NTREIS
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This 15.78-acre property is located at 3150 FM 272 in Celeste, TX 75423. The property is available for sale for $449,000 with a price per acre of $28,454.

Listed by Compass RE Texas, (214) 814-8100

Checked 1 hour agoUpdated Source

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