Location
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.
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.
Property Details
Price:
$449,000
MLS #:
21273726
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Listed Date:
May 20, 2026
Lot Size:
687,376 sqft / 15.78 acres (approx)
Year Built:
1940
Schools
School District:
Leonard ISD
Elementary School:
Leonard
High School:
Leonard
Interior
Cooling
None
Heating
None
Exterior
Lot Size Area
15.7800
Financial

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address3150 Fm 272 Celeste TX
- CityCeleste
- CountyFannin
- Zip Code75423
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- A0003 – AIKIN WILLIAM
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- A0037 BILLINGSLEY JESSE, TRA CT 39-A,A0037 BILLING
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- College Add Of Celeste
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- David Cullen Surv A-177
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- England Add 1st Instl
- Farris Isaac Tr C-2
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- J Enochs Surv Abs #291
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- Orduna ADD
- Orig Town Of Celeste
- Orig. town of Celeste
- Original
- Owen Edward
- Patterson Add
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- Perrin Add
- R. Richer Survey
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Market Summary
Property Summary
- 3150 Fm 272 Celeste TX is a Land for sale in Celeste, TX, 75423. It is listed for $449,000 and features 16 acres. To schedule a showing of MLS#21273726 at 3150 Fm 272 in Celeste, TX, contact your Aaron Layman Properties agent at 940-209-2100.

3150 Fm 272
Celeste, TX




