Property Details:

County or Parish
Collin
Lot Size
10 to < 50 Acres
Lot Size (Acres)
15.7100
Lot Size Area
15.7100
Lot Size (Square Feet)
684327.6000
Association Type
None
Restrictions
Development
Zoning Description
Agricultural (AG) / Celina ETJ

School Information:

School District
Celina ISD
Elementary School
Bobby Ray-Afton Martin
Middle School
Jerry & Linda Moore
High School
Celina

Exterior Information:

Lot Features
Acreage
Lot Size
10 to < 50 Acres
Acres
15.7100
Waterfront
No

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21384139

Lot 5 Carthage Road

Celina, Texas
$8,656,210
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Type: Land
Remarks: 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 through site planning and approvals. The highway is coming to you. The Dallas North Tollway is being extended north from US 380 to FM 428 in Celina, with the main lanes scheduled to open in late 2027. That puts a straight shot to Frisco, Plano and Downtown Dallas minutes from this site, just off Preston Road. Families are pouring into fast-growing Celina ISD, and the rooftops are spreading north every month. Ground with these fundamentals doesn’t come back to market. It gets entitled, permitted and built. If you’ve been waiting for your way into the hottest growth market in the country, this is the door. Buyer to verify zoning, density and utilities.
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Listed by: Darden Mcglothlin
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