Jackie Fatten

Lot 5 Carthage Road, Celina, TX 75009

$8,656,210
  • Lot 5 Carthage Road, Celina, TX 75009 Main Photo

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Active
LOT SIZE 15.710 acres MLS#21384139
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONPreston 450 Add SCHOOLCelina ISD

Property Description

Celina is officially America’s fastest-growing city. The U.S. Census Bureau ranked it No. 1 in the nation for 2025 after it added 12,710 residents in a single year to reach 64,427, nearly four times its 2020 population. Local projections call for about 125,000 residents by 2030 and roughly 378,000 at full buildout. Every one of those people needs a place to live, and this 15.71-acre tract puts you directly in their path. At $8,656,210, a 29-unit-per-acre multifamily concept yields about 456 doors at roughly $19,000 per door. That land basis has all but disappeared along the Dallas North Tollway corridor, and it lets a developer win the deal before the first slab is poured. The fundamentals line up. 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. Co-op electric and co-op water serve the property, and carrying costs stay low while you work through site planning and approvals. The highway is coming to you. The Dallas North Tollway is being extended north from US 380 to FM 428 in Celina, with the main lanes scheduled to open in late 2027. That puts a straight shot to Frisco, Plano and Downtown Dallas minutes from this site, just off Preston Road. Families are pouring into fast-growing Celina ISD, and the rooftops are spreading north every month. Ground with these fundamentals doesn’t come back to market. It gets entitled, permitted and built. If you’ve been waiting for your way into the hottest growth market in the country, this is the door. Buyer to verify zoning, density and utilities.

Lot 5 Carthage Road | MLS# 21384139

This land located at Lot 5 Carthage Road, Celina, TX 75009 is currently listed for sale with an asking price of $8,656,210. The property has approximately 15.71 Acres. Lot 5 Carthage Road is located within the Celina ISD school district. Search Celina real estate on www.jackiefatten.com today.

Property Features

Property Type: Land - Farm
Lot Size: 15.71 Acres

Feature Descriptions

Days on Site: 49
Lot: Acreage
Parcel#: R124200000501
Utilities: Co-op Electric, Co-op Water

Local Schools

Elementary School: Bobby Ray-Afton Martin
School District: Celina ISD

Listed By / Shown By

Listed By

Agency Name: Estate Realty, Inc.
Agency Contact: 214-390-5417
Agent Name: Darden Mcglothlin

agent picture

Shown By

Agent Name: Jackie Fatten
Agent Phone: (254) 749-6508
Agency Title: Kelly, Realtors

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Estimated Payment

$ 21,789.70 per month $19,264.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,524.73 Homeowner's Insurance

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