3150 Fm 272, Celeste, TX 75423

$449,000

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List Price
$449,000
MLS#
21273726
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1940
Acres
15.78
County
Fannin
City
Celeste

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.

Additional Information

Unexempt Taxes
$7,529
Lot Size
687,376
Acres
15.78
School District
Leonard Isd
Elementary School
Leonard
High School
Leonard
Possession
CloseOfEscrow

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Listing courtesy of Kyle Graham from Compass RE Texas, LLC.. Contact: 214-763-2964