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Celina Multifamily Development Opportunity
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10451 Co Rd 134, Celina, TX 75009

14.7 acres approved for 300 multifamily units near Celina High.

Property SizeContact for details
Lot Size14.70 Acres
Days on Market921

Property Features for 10451 Co Rd 134

General Information

Standard status Active
Lot size 14.70 Acres
Property subtype Land
Zoning PD-45
Listing Agency: Sankalp Realty
Listed By: Mukesh Parna · License #TX 0652949
Source: Crexi
Added: Feb 3, 2024 Changed: Aug 8 Last Checked: Jul 15 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sankalp Realty

Investment Insights

Based on property information with market context.

For sale is a 14.7-acre property located at the southeast corner of Preston Road and County Road 134 in Celina, Texas. The site is suitable for multifamily development and is adjacent to Celina High School. The city has approved a site plan for 300 multifamily apartments, representing the maximum allowable unit density. Sewerage has been extended to the site from Preston Road. The location provides convenient access to Preston Road/US 289 and is situated near the future Dallas North Tollway extension.

Key Highlights

  • Approved site plan for 300 multifamily apartments (maximum allowed).
  • Prime location** adjacent to Celina High School.
  • 14.7 acres of land suitable for multifamily development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Real Estate Agency Hair Salon Restaurant Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

29
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 14.7 acres approved for 300 multifamily units near Celina High.
Where is this residential land & home lot located?
The property is located at 10451 Co Rd 134 Celina, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Approved site plan for **300 multifamily apartments** (maximum allowed).; Prime location** adjacent to Celina High School.; 14.7 acres of land suitable for multifamily development.
More about this property
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