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Lot 5 Carthage Road, Celina, TX 75009

Celina
Local realty services provided by:CENTURY 21 Middleton
Lot 5 Carthage Road,Celina, TX 75009
$8,656,210
  • 15.71 Acres
  • Lots / Land
  • Active
Listed by: darden mcglothlin
Office: estate realty, inc.
MLS#:21384139
Source:GDAR

Price summary

  • Price:$8,656,210

About this home

Celina is officially America’s fastest-growing city. The U.S. Census Bureau ranked it No. 1 in the nation for 2025 after it added 12,710 residents in a single year to reach 64,427, nearly four times its 2020 population. Local projections call for about 125,000 residents by 2030 and roughly 378,000 at full buildout. Every one of those people needs a place to live, and this 15.71-acre tract puts you directly in their path. At $8,656,210, a 29-unit-per-acre multifamily concept yields about 456 doors at roughly $19,000 per door. That land basis has all but disappeared along the Dallas North Tollway corridor, and it lets a developer win the deal before the first slab is poured. The fundamentals line up. The tract sits inside Celina city limits within Planned Development District 121, which carries Mixed-Use (MU) base zoning across the 97-acre Preston 450 Addition along future Legacy Drive. Co-op electric and co-op water serve the property, and carrying costs stay low while you work...

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Home facts

  • Subdivision & Development:Preston 450 Add
  • Listing ID #:21384139
  • Added:48 day(s) ago
  • Updated:October 30, 2026 at 01:34 PM

Structure and exterior

  • Lot area:15.71 Acres
  • Lot Features:Acreage, City Lot

Schools

  • High school:Celina
  • Middle school:Jerry & Linda Moore
  • Elementary school:Bobby Ray-Afton Martin

Finances and disclosures

  • Price:$8,656,210
  • Tax amount:$56
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 30, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Middleton.

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