Rare opportunity delivers an irreplaceable benefit of just $19,000 per unit for this multifamily concept. This is an entry point virtually extinct along the Dallas North Tollway path of progress. This is in the direct crosshairs of America’s fastest-growing city two years running. Situated in the explosive North Texas growth corridor, Celina surged 24.6% in a single year to over 64,000 residents and is masterplanned to scale to nearly 380,000 souls. That represents a massive 5x expansion unfolding in real time. The site benefits from active AG status for rock-bottom carrying costs while you complete entitlements, paired with co-op electric and co-op water already available within the Celina ETJ to streamline development. Positioned just off the Preston Road corridor near US 380, the property offers direct, frictionless access straight down the Dallas North Tollway into Frisco, Plano, and Downtown Dallas. Celina ISD is an award winning powerhouse that continues to fuel an unbroken wave of affluent family migration. Tracts with these fundamentals do not recirculate, they get absorbed, permitted, and built. A high-leverage gateway into North Texas’s premier growth market.
Property Details
- Lot Features
- Interior Lot, City Lot
- Lot Description
- Interior Lot, City Lot
- Acres
- 0.0
- Lot Size (sqft)
- 15.799
- Property Type
- Purchase
- Property Subtype Additional
- Unimproved Land
- Utility Source
- Community Coop
- Utility Features
- Electricity Available, Water Available
- Subdivision
- Preston 450 Add
- School District
- Celina ISD
- Elementary School
- Bobby Ray-Afton Martin
- Middle School
- Jerry & Linda Moore
- High School
- Celina
- County
- Collin
- Region
- Celina
- Days on Market (Cumulative)
- 223
- Taxes Annual
- $56
- MLS #
- 21170398
- Property Subtype
- UnimprovedLand
- Parcel Number
- R124200000401
- MLS #
- 21170398
- Address
- Carthage Road
Location
Legal
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Provided By
Listed by Darden Mcglothlin (#0164534)
Listing Office: Estate Realty, Inc. (#ESTT01)
