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870 N Preston Road

Celina, TX 75009

Listing courtesy of Wayne Myers, Keller Williams Prosper Celina

$6,500,000
Active
Beds
Baths
Sqft
Year Built
1990

About this home

Opportunity comes with an active income producing lease with a strong, established landscaping business, or can be vacated. Possible Seller Financing at Prime rate with flexible terms, reduces upfront capital and traditional loan hurdles. Positioned for significant land value appreciation - located in the heart of the North Texas Boom in Celina! Immediate surrounding planned developments are bringing 10,000+ residential homes and mixed use retail. One of the most affluent populations in Texas Celina is projected to double in population over the six years.4.4 Acres Zoned Commercial with 176’ of frontage road on major artery road - Texas State Highway 289 (Preston Rd) with high traffic counts.5.8 Acres is unzoned and outside the city limits, providing flexible development options, reduced caring costs, and future zoning options. Invest in a thriving future - immediate income, diverse development options, seller financing, and opportunity for long-term wealth creation in a dynamic city!

Property details

MLS #
20543764
Property Type
CommercialSale
Status
Active
County
Collin
Subdivision
none
Lot Size
10.25 acres
HOA Dues
Annual Taxes
$25,586
Days on Market
1,152 days
Listed
Feb 23, 2024
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$38,624/mo
Principal & interest
$34,596
Property taxes
$2,132
Homeowner's insurance (est.)
$1,896

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Feb 23, 2024