Lot 5 Carthage, Celina, TX 75009

$8,656,210
List Price
$8,656,210
MLS#
21384139
Status
ACTIVE
Type
Land
Subtype
Land
Acres
15.71
County
Collin
City
Celina
Subdivision
Preston 450 Add

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.

Additional Information

Unexempt Taxes
$56
Lot Size
684,327
Acres
15.71
Lot Description
City Lot
School District
Celina Isd
Elementary School
Bobby Ray-Afton Martin
Middle School
Jerry & Linda Moore
High School
Celina
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Darden Mcglothlin from Estate Realty, Inc.. Contact: 214-390-5417

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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