Residential Land in Growing
For Sale
$449,000
3150 Fm 272, Celeste, TX 75423
15.78-acre tract ideal for residential development or private homesite.
Property Size687,376 SF
Lot Size15.78 Acres
Price / SF$0.65
Days on Market141
Property Features for 3150 Fm 272
General Information
Standard status
Active
Size
687,376 SF
Lot size
15.78 Acres
Property subtype
Lots & Acreage / Unimproved Land
Amenities
No
Building Details
Year Built
1940
Listing Agency:
Compass
(214) 763-2964
Listed By:
Kyle Graham · License #0667764
(214) 763-2964
Source:
Compass
Added: Mar 23
Changed: Aug 8
Last Checked: Jul 16 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This 15.78-acre tract is located just outside the city limits of Leonard in Fannin County. It offers an opportunity for residential development, investment, or a private homesite. The property has frontage along a Farm-to-Market road and nearby utilities. The land is mostly wooded with level topography, providing flexibility for potential uses. An older home is present on the property but is considered to have little to no contributory value. Surrounding development activity supports long-term potential in this area, including neighboring acreage being developed into a residential neighborhood. The property is not located within a FEMA flood zone. The tract is positioned in one of North Texas’ steadily growing corridors.
Key Highlights
- 15.78 acres suitable for residential development, investment, or private homesite
- Not located in a FEMA flood zone
- Located just outside Leonard in growing Fannin County
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 75423, TX
3,089
Population
1,213
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
86%
High-School Grad
80.9 sq mi
ZIP Area
38
Density / Sq Mi
$60,167
Median Household Income
$31,568
Median Earnings
$957
Median Rent
$187,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 15.78-acre tract ideal for residential development or private homesite.
Where is this residential land & home lot located?
The property is located at 3150 Fm 272 Celeste, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 15.78 acres suitable for residential development, investment, or private homesite; Not located in a FEMA flood zone; Located just outside Leonard in growing Fannin County
