Listing provided courtesy of Compass RE Texas, LLC.- MLS# 21273726MLS ProviderContact Information: Kyle Graham - 214-763-2964

3150 Fm 272Celeste, TX 75423

Vacant Land · 15.78 Acres
$449,000 Active

3150 Fm 272 Overview

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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.

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3150 Fm 272 Facts & Features

  • Type Vacant Land
  • Lot 15.78 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Leonard ISD
  • Elementary School: Leonard
  • High School: Leonard

Building Information

  • Year Built: 1940

Business Information

  • Current Use: Vacant

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: CELESTE
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: 7529.0

General Information

  • Listing Terms: Conventional
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage
    • Lot Size Acres: 15.78
    • Lot Size Area: 15.78
    • Lot Size Square Feet: 687376.8
    • Lot Size Units: Acres

    Waterfront/View

    • Waterfront: No

    General Information

    • Utilities: None

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    3150 Fm 272 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    3150 Fm 272 Market Data

    Based on the last 30 days in this zip code

    $550,718
    Average List Price
    $249
    Average Price per Square Foot
    5
    Properties Sold
    107
    Average Days on Market
    54
    Properties for Sale
    Calculations provided by Reliance Network


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