5192 Preston Rd Celina, TX 75009
- Land
- 12.00 lot acres
Current Use by Public Records
- Land
Property Details for 5192 Preston Rd
- Lot size
- 12.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 12-acre tract in Celina, Texas, presents a remarkable opportunity for multifamily development. Located at 5192 S Preston Rd, 75009, in Collin County, this property is zoned PD-48 and has entitlements in place for a 320-unit multifamily project. Its prime location offers unparalleled access to a thriving community and significant growth potential. The land sits directly across from a future HEB grocery store, ensuring convenient access to essential amenities for future residents. Furthermore, the property is surrounded by established and rapidly expanding residential communities, including Glen Crossing (475 lots), Carter Ranch (835 lots), and Bluewood (838 lots), providing a robust existing and growing population base. The proximity to the Collin College campus adds another layer of appeal, attracting students and young professionals. This strategically located parcel offers a unique chance to capitalize on the explosive growth in Celina, Texas, and create a highly desirable multifamily community. The property's agricultural and residential subtypes offer flexibility for future development plans. Detailed information and pricing are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Celina
- County
- Collin
- State
- Texas
- Longitude
- -96.7838
- Latitude
- 33.2932
