UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision J R 517 Acre Surv Abs #735
MLS Listing ID 20867051
HOA Y/N None
Year Built 2020
Annual Tax Amount $16,015
Lot Size 10.521 Acres
Acres 10.521
Property Sub-Type Improved Land
Property Description
This property is an excellent investment opportunity, especially considering its prime location along Future Legacy Rd. west of Celina. With 10.5 acres and 428 feet of frontage, it offers great visibility and accessibility, which is essential for both residential and commercial development. The custom-built traditional home adds flexibility for various uses, whether as a business or residential property.
Key highlights include:
Large Acreage: 10.5 acres with 428 feet of road frontage on a major thoroughfare, offering multiple access points.
Prime Location: Situated in an area poised for future growth and development, especially with residential developments already underway nearby.
Zoning Potential: The fact that the property is in Celina's Extraterritorial Jurisdiction (ETJ) and has no zoning at this time means there is flexibility in how the property can be developed in the future.
Investment Opportunity: With residential and commercial development likely to continue in the area, this property holds significant potential for appreciation in value and profitability.
This property offers both short-term flexibility and long-term investment potential. Whether you're interested in residential development, commercial use, or a combination of both, it's an exciting prospect. If you're looking into potential uses, zoning considerations down the road would be something to keep an eye on, given the growth and evolving plans for the area.
Location
State TX
County Collin
Zoning unzoned
Direction Take Dallas North Tollway North, Turn Right (East on J. Fred Smith Parkway) Turn Left (North) on FM 455, property will be on the left between Dusty Lane and Mimosa Lane. You may also use GPS for more specific directions from your location.
Interior
Heating Central, Electric, Fireplace(s)
Cooling Ceiling Fan(s), Central Air, Electric
Heat Source Central, Electric, Fireplace(s)
Exterior
Exterior Feature Covered Patio/Porch
Fence Chain Link, Fenced, Full, Pipe
Utilities Available Aerobic Septic, Co-op Electric, Co-op Water, Electricity Connected, Propane, Septic
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Interior Lot, Lrg. Backyard Grass
Schools
Elementary Schools Celina
Middle Schools Jerry & Linda Moore
High Schools Celina
School District Celina Isd
Others
Restrictions No Restrictions
Ownership Melvin Robinett
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20867051
