403 Pecan St Celina, TX 75009

This 0.5-acre corner lot, suitable for development, features dual road frontage and is positioned as the eastern gateway to Downtown Celina. It is located in the Downtown Transition District, specifically designated for high-density, mixed-use infill. The property is situated near the new $94M Civic Hub and the upcoming 9-acre Ousley Urban Park, estimated for completion in Fall 2026. Adjacent to the property at 408 E Pecan, Kid Approved Pediatrics, a Frisco-based medical group, is under construction and slated to open in June 2026. The site is directly across from the Preston Streams mixed-use project, which includes 3-story retail-luxury lofts. The location benefits from proximity to a newly opened 400-space municipal garage and offers Fee-in-Lieu parking credits. The property allows for zero-lot-line development to maximize the building footprint, with potential for up to 3 stories. It is located 0.2 miles from the new 115,000 sq.ft. City Center-Library and one block from the Doe Branch trail system. Financial incentives include NEZ Designation-Neighborhood Empowerment Zone, with potential savings of up to $50,000+ in standard development fees, Impact Fees & Building Permits waived by the city. The property is positioned as the front door to the nature trail system, capturing foot traffic from the high-density Civic Center to the nature trails of Ousley Park. The property must be sold in conjunction with Lot 4 (next to subject property), creating a combined lot size of just over one half acre. Owner financing is available.