1407 Shelby Lane
Celina, TX 75009
Listing courtesy of Lynette Sandidge, Compass RE Texas, LLC
About this home
Exceptional investment and development opportunity on 3.7 unrestricted acres in a rapidly growing corridor near the Dallas North Tollway and the future Outer Loop. Strategically positioned for long-term appreciation, this property offers outstanding commercial, mixed-use, or income-producing potential while remaining outside city limits.The property currently features multiple income streams, including a 5-bedroom doublewide mobile home, a 3-bedroom single-wide mobile home, and 7 RV parking spaces with utilities, creating immediate rental opportunities. A 38’ x 50’ insulated shop with foam insulation provides excellent functionality for storage, business operations, or future commercial use.With no HOA and no deed restrictions, this expansive 161,172 SF lot allows flexibility for future expansion, redevelopment, or continued income production. Enjoy a balance of privacy and accessibility, with proximity to major transportation routes and continued growth along the Outer Loop corridor. Located in Celina ISD, this property is ideal for investors, developers, or owner-users seeking a high-potential asset in a prime growth area.A rare opportunity to secure acreage with income, flexibility, and exceptional upside in one of North Texas’ fastest-growing markets.
Schools
- Elementary
- Marcy Lykins
- Middle
- Jerry & Linda Moore
- High
- Celina
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21152089
- Property Type
- Residential
- Status
- Active
- County
- Denton
- Subdivision
- Cowan
- Lot Size
- 3.70 acres
- Garage
- 1-car
- HOA Dues
- None
- Annual Taxes
- $1,741
- Days on Market
- 8 days
- Listed
- Jan 16, 2026
- Price per Sqft
- $718
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $9,554
- Property taxes
- $145
- Homeowner's insurance (est.)
- $524
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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