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Wooded Residential Development Tract

3150 Fm 272 Celeste, TX 75423

Claim this Listing
For Sale
$449,000

LAND - Celeste, TX

Lot size:
15.78 Acres
Added:
May 20, 2026
Days on Market:
52
Last Refresh:
Jul 10 at 1:06 pm

Property Features for 3150 Fm 272

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
000000079340
Lot size
15.78 Acres

Taxes and HOA fees

Tax Description
A0691 M MORGAN, ACRES 15.78
Tax Annual Amount
7529

Building Details

Year built
1940

Listing agent Kyle Graham License #0667764

Listing office Compass RE Texas, LLC. Dallas, TX

Listing date May 20, 2026

MLS# 21273726 Listing URL

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This land offering is a 15.78-acre tract with mostly wooded areas and level topography, providing flexibility for a range of residential concepts. An older home sits on the property but is considered to have little to no contributory value, keeping the focus on the land and future improvement opportunities.

The tract has frontage along a Farm-to-Market road, offering straightforward access for prospective development planning. The area is characterized by nearby utilities and an ongoing residential build-out, with neighboring acreage being converted into a residential neighborhood.

This property can work well for investors and developers seeking a true land-focused opportunity, including options for a single estate property or multiple homesites. It may also appeal to buyers looking for a private homesite with a Texas country setting and development momentum nearby. While some surrounding areas include floodplain, the property itself is not located within a FEMA flood zone, which may be an important consideration for future planning.

Key Highlights

  • 15.78‑acre tract just outside Leonard city limits in growing Fannin County
  • Mostly wooded with level topography
  • Frontage along a Farm‑to‑Market road

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - A mostly wooded acreage tract with road frontage and level topography, suited for future homesite or development plans.
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‑acre tract just outside Leonard city limits in growing Fannin County; Mostly wooded with level topography; Frontage along a Farm‑to‑Market road
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