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Historic Multifamily Property
For Sale
$1,440,000

1425 Lone Star Road, Celina, TX 75009

ResidentialIncome, Celina, TX

Property SizeContact for details
Lot Size2.44 Acres
Days on Market52

Property Features for 1425 Lone Star Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5
Parking 4
Parking features Guest, RV, Boat, Assigned
Patio and Porch features Porch
Interior features CathedralCeilings, HighSpeedInternet, KitchenIsland, Pantry, WalkInClosets
Exterior features Courtyard, FirePit, Garden, OutdoorLivingArea, RainGutters, Storage, UncoveredCourtyard
Fencing Fenced
Accessibility Accessible Approach with Ramp
Appliances Dryer, Dishwasher, ElectricRange, IceMaker, Microwave, Refrigerator, Washer
Subdivision George Wilson Surv Abs #1001
Lot features Acreage, Back Yard, Corner Lot, Interior Lot, Irregular Lot, Lawn, Landscaped, Native Plants, Many Trees, Sprinkler System
Elementary school Bobby Ray-Afton Martin
Middle school Jerry & Linda Moore
High school Celina
Elementary school district Celina ISD
Middle school district Celina ISD
High school district Celina ISD
Directions From US-75, Take Exit 48A toward White Street - FM 455 in Anna. Head west on FM 455 (White Street) and continue for approximately 15 miles through Weston toward Celina. Turn right onto County Road 175. Turn right onto Lone Star Road. Continue to 1425 Lone Star Road, which will be on the left.
Standard status Active
APN R700100000501
Lot size 2.44 Acres

Taxes and HOA fees

Tax Description ABS A1001 G A WILSON SURVEY, TRACT 5, 2.44 AC
Tax Annual Amount 10485
Legal Description ABS A1001 G A WILSON SURVEY, TRACT 5, 2.44 AC

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Central, Propane (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Well

Amenities

wraparound porches
flagstone courtyard
gazebo
shared fire pit
covered pavilion
workshop
storage building
chicken coop
windmill

Building Details

Year built 1900
Floors in Building 1
Number of units 4
Flooring type Wood, Vinyl, Carpet, Tile
Building materials FiberCement
Roof type Metal, Composition
Additional Structures Storage
Listing Agency: Tina Leigh Realty
Listed By: Virginia Simms
Added: Jul 18 Changed: Sep 3 Last Checked: Sep 7 at 10:06AM
MLS# 21326815

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property combines a designated Texas Historic Landmark residence with four tenant-occupied cottages on 2.44 acres. The Queen Anne Victorian main house includes hardwood flooring, high ceilings, millwork, stained glass, transom windows, pocket doors, fireplaces, a library, formal dining room, multiple living areas, wraparound porches, and a flagstone courtyard. Kitchens and bathrooms have been updated, and the primary suite includes a cedar-lined walk-in closet.

Cottages A and B each offer one bedroom, Cottage C is an efficiency, and Cottage D has two bedrooms. Shared grounds include mature trees, landscaped areas, a gazebo, windmill, fire pit, pump house, storage building, chicken coop, and covered pavilion. Additional improvements include a detached three-car garage and a 20' x 30' electrically powered workshop with a built-in woodworking bench. The property is served by a well and septic tank and includes fenced grounds, propane heating, central air, and varied parking accommodations.

Key Highlights

  • 2.44‑acre multifamily property with a designated Texas Historic Landmark residence
  • Four tenant‑occupied cottages: two one‑bedroom units, one efficiency, and one two‑bedroom unit
  • Queen Anne Victorian main house with stained glass, pocket doors, fireplaces, and wraparound porches

Property Analytics

Current Use

Lone Star Schoolhouse Training Center

Suggested Use

Top Pick Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 75009, TX

21,276
Population
9,943
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
96%
High-School Grad
98.7 sq mi
ZIP Area
216
Density / Sq Mi
$166,064
Median Household Income
$70,683
Median Earnings
$2,134
Median Rent
$471,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Queen Anne Victorian residence with four occupied cottages, updated kitchens and baths, and shared landscaped outdoor spaces.
Where is this multifamily property located?
The property is located at 1425 Lone Star Road Celina, TX.
What is the asking price?
The asking price for this property is $1,440,000.
What are key features of this property?
This property features: 2.44‑acre multifamily property with a designated Texas Historic Landmark residence; Four tenant‑occupied cottages: two one‑bedroom units, one efficiency, and one two‑bedroom unit; Queen Anne Victorian main house with stained glass, pocket doors, fireplaces, and wraparound porches
More about this property
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