Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
17.232 acres
Five hundred doors. Seventeen acres. One of the best land bases left in North Texas. This is 17.232 acres in Celina, the No. 1 fastest-growing city in America according to the U.S. Census Bureau. Celina added 12,710 residents in a single year to reach 64,427, so roughly one in four people living there today arrived in the last twelve months. The city has nearly quadrupled since 2020, is projected to reach about 125,000 by 2030, and is planned for roughly 378,000 at full buildout. That is a demand curve most developers only see on paper. The numbers work from day one. At $9,494,832, a 29-unit-per-acre multifamily concept yields about 500 doors at roughly $19,000 per door. Basis is where the money is made, and this one leaves room for strong returns before the first slab is poured. Bigger acreage also means more units to spread your site work, amenities and fixed costs across. The groundwork is already laid. The tract sits inside Celina city limits within Planned Development District 121, which carries Mixed-Use (MU) base zoning across the 97-acre Preston 450 Addition along future Legacy Drive. Electric and water serve the site, and carrying costs stay low while you plan and permit.The Dallas North Tollway is extending from US 380 to FM 428 in Celina, with main lanes are scheduled fior late 2027. This site gives them a direct run to Frisco, Plano and Downtown Dallas. It is close to Celina ISD schools. Celina is the market the world is watching. Get your name on the biggest piece before someone else does. This is what makes this one stronger than the others, it leads with size and opens with “500 doors” . Spreading fixed costs further adds a vivid demand. About one in four Celina residents moved here in past year and nearly 60% of Celina residents work outside the city this location is ideal.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
17.232
-
Lot Size(square feet)
750,625
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$9,494,832
-
Tax Amount
$61
-
Zoning
Agricultural (AG) / Celina ETJ
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Bobby Ray-Afton Martin
-
Middle School
Jerry & Linda Moore
-
High School
Celina
Property Features
-
Tax Lot
6
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Collin
Elementary School
Bobby Ray-Afton Martin
Middle School
Jerry & Linda Moore
High School
Celina
Listing Courtesy of Darden Mcglothlin, Estate Realty, Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Joe Boston
Call Joe today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.