Live-Work Property with
For Sale
$785,000
7889 County Road 134, Celina, TX 75009
Acreage property pairs a residence with separate shop space, attached garage, and private septic service.
Property Size3,334 SF
Lot Size2.21 Acres
Price / SF$235.45
Days on Market53
Property Features for 7889 County Road 134
General Information
Standard status
Active
Size
3,334 SF
Lot size
2.21 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Warehouse Space
900 SF
Building Details
Year Built
2002
Buildings
1
Listing Agency:
Ashton Wall Real Estate
(214) 558-7355
Listed By:
Lisa Rogers · License #0643553
(972) 836-9295
Source:
Lonestarluxuryrealty
Added: Aug 16
Changed: Oct 2
Last Checked: Oct 5 at 7:02PM
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 Ashton Wall Real Estate
Investment Insights
Based on property information with market context.
This live-work property outside Celina city limits and the ETJ includes a 2,636 SF residence with 3 bedrooms, 2.5 baths, and an upstairs bonus or flex room. The improvements also include a separate insulated 30’ x 30’ shop with electricity, an approximately 900 SF detached shop, an oversized attached garage or work area, wraparound porch, covered outdoor living, and a pool. Substantial driveway and outdoor areas support equipment, vehicle, trailer, inventory, or material storage.
The approximately 2.21-acre property has approximately 210 feet of County Road 134 frontage, Mustang SUD water, and private septic. No known deed restrictions are identified in the property information. Potential applications include owner-operated construction, HVAC, plumbing, electrical, pool service, remodeling, landscaping, e-commerce, automotive, or other businesses requiring combined residential, office, workshop, and storage areas, subject to verification of permitted uses, restrictions, utilities, and suitability. The property was built in 2002.
The approximately 2.21-acre property has approximately 210 feet of County Road 134 frontage, Mustang SUD water, and private septic. No known deed restrictions are identified in the property information. Potential applications include owner-operated construction, HVAC, plumbing, electrical, pool service, remodeling, landscaping, e-commerce, automotive, or other businesses requiring combined residential, office, workshop, and storage areas, subject to verification of permitted uses, restrictions, utilities, and suitability. The property was built in 2002.
Key Highlights
- Approximately 2.21 acres outside Celina city limits and the ETJ
- Approximately 210 feet of County Road 134 frontage
- 2,636 SF residence with 3 bedrooms, 2.5 baths, and an upstairs bonus or flex room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,009
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,180
$920.2K
Cap Rate 7%
$657,271
$657.3K
Cap Rate 9%
$511,211
$511.2K
Market Conditions
NOI Build-Up for 3,334 SF
Gross rent
$80.0K $24.00/SF
− Vacancy
−$6.4K −$1.92/SF
EGI
$73.6K $22.08/SF
− OpEx
−$27.6K −$8.28/SF
NOI
$46.0K $13.80/SF
Area
Collin County, TX
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,180
Cap Rate 7%
$657,271
Cap Rate 9%
$511,211
Alternative Uses
Best Use
Industrial
$3.31M
$2.90M – $3.87M
NOI $231,901 @ 7.0% cap · market cap 29.54%
Second Best
Mixed Use
$657.3K
$575.1K – $766.8K
NOI $46,009 @ 7.0% cap · market cap 5.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Live-work space - Acreage property pairs a residence with separate shop space, attached garage, and private septic service.
Where is this live-work space located?
The property is located at 7889 County Road 134 Celina, TX.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Approximately 2.21 acres outside Celina city limits and the ETJ; Approximately 210 feet of County Road 134 frontage; 2,636 SF residence with 3 bedrooms, 2.5 baths, and an upstairs bonus or flex room
