Live-Work Property with Detached
7889 County Road 134, Celina, TX 75009
For Sale
$785,000
Under Contract
CommercialSale, Celina, TX
Property Size3,334 SF
Lot Size2.22 Acres
Price / SF$235.45
Days on Market91
Property Features for 7889 County Road 134
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Fireplace
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Ashton Wall Real Estate
Listed By:
Lisa Rogers · License TX #0643553
(214) 558-7355
Added: Aug 14
Changed: Nov 11
Last Checked: Nov 12 at 10:06AM
MLS# 21355428
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.
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Investment Insights
Based on property information with market context.
Set on approximately 2.21 acres outside Celina city limits and the ETJ, this live-work property pairs a 2,636-square-foot residence with a detached 30-by-30-foot insulated shop equipped with electricity. The home has three bedrooms, two and a half baths, and an upstairs bonus room that can serve as additional flex space. Other residential features include a pool, covered outdoor living area, wraparound porch, and oversized attached garage or work area.
Two driveways provide access to the property, with approximately 210 feet of frontage on County Road 134. Water service is through Mustang SUD, and the property uses a private septic system. The acreage and existing home, workshop, and garage are in place; prospective users should verify intended-use suitability and applicable requirements.
Two driveways provide access to the property, with approximately 210 feet of frontage on County Road 134. Water service is through Mustang SUD, and the property uses a private septic system. The acreage and existing home, workshop, and garage are in place; prospective users should verify intended-use suitability and applicable requirements.
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 room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,635
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,700
$1.0M
Cap Rate 7%
$723,357
$723.4K
Cap Rate 9%
$562,611
$562.6K
Market Conditions
NOI Build-Up for 3,334 SF
Gross rent
$90.0K $27.00/SF
− Vacancy
−$9.0K −$2.70/SF
EGI
$81.0K $24.30/SF
− OpEx
−$30.4K −$9.11/SF
NOI
$50.6K $15.19/SF
Area
Collin County, TX
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,700
Cap Rate 7%
$723,357
Cap Rate 9%
$562,611
Alternative Uses
Best Use
Mixed Use
$723.4K
$632.9K – $843.9K
NOI $50,635 @ 7.0% cap · market cap 6.45%
Second Best
Office B
$604.0K
$528.5K – $704.7K
NOI $42,281 @ 7.0% cap · market cap 5.39%
Theoretical Best
Multifamily LT 5
$837.5K
$732.8K – $977.1K
NOI $58,623 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Live-work space - A separate insulated workshop with electricity complements the residence and its oversized attached garage.
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 room
