Lot 5 Carthage Road, Celina, TX 75009
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$8,656,210
Est. payment /mo
15.71 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Preston 450 Add

MLS Listing ID 21384139

HOA Y/N None

Annual Tax Amount $56

Lot Size 15.710 Acres

Acres 15.71

Property Sub-Type Unimproved Land

Property Description

Priced at $19,000 per apartment unit. Everybody talks about getting in early. Here's early, on a plate 15.710 acres in Celina, the fastest-growing city in America two years running and the growth isn't coming, it's already here, moving north up Preston Road with your name on the next parcel. In a market where developers are fighting over dirt, that's a basis your competition can't touch and it's the whole ballgame. Nail your land basis and the deal works before you pour a single footing. Celina added residents at a 24.6% clip in one year 64,427 people and climbed toward a planned buildout near 378,000. That's a fivefold city in the making, and every one of those new families needs somewhere to live. Blue chip Celina ISD keeps pulling them in, the demand isn't a projection, it's a moving truck in the driveway next door.Co-op electric, co-op water inside Celina city limits ETJ. Straight shot off Preston Rd near US 380 just 35 miles north of downtown Dallas up the Dallas North Tollway. Sweeten that with a low AG carry. The developer who controls this corner controls the demand that's marching straight at it. Celina is the address everyone in the country is watching, and this is the door in.

Location

State TX

County Collin

Zoning Agricultural (AG) / Celina ETJ

Direction From the Dallas North Tollway, US-380 exit. Turn Right onto US-380. Turn Left onto Preston Rd and continue approximately 9 miles into Celina. Pass Celina High School, then turn Left onto Carthage Road at the 7-Eleven. Continue on Carthage Road; property will be on the Right

Exterior

Utilities Available Co-op Electric, Co-op Water

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Bobby Ray-Afton Martin

Middle Schools Jerry & Linda Moore

High Schools Celina

School District Celina Isd

Others

Restrictions Development


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Darden Mcglothlin • Estate Realty, Inc.

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Leslie Mealem

Leslie Mealem

+1(806) 790-5909

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Lot 5 Carthage Road