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$3,995,000

NAL Estimated Property Value

00 Highway 69, Celeste, TX, 75423

Off MarketInfo

About this property

Overview: This 158.7-acre tract in Celeste, Texas offers a well-positioned opportunity for investors and developers. The property is fully undeveloped, giving buyers complete flexibility on future use. With approximately 6,200 feet of frontage along Highway 69, the tract has strong visibility and straightforward access. It's a natural fit for a long-term hold, commercial, or mixed-use development, and qualifies as a 1031 exchange candidate. Location: Located 1 hour 10 minutes from Dallas, 30 minutes from McKinney, and 1 hour 30 minutes from Fort Worth, the property sits in the path of North Texas growth while maintaining a rural character. McKinney's continued expansion adds to the long-term appeal of this corridor. Utilities & Development: A public waterline runs along the Highway 69 frontage, reducing future infrastructure costs and improving development feasibility. The property carries an agricultural exemption. With highway visibility, existing utilities, and a location ahead of regional growth, this tract has strong potential.

Investor Tools

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$3,995,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,995,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,970 /month
Positive
Cash Flow Estimate:
$7,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Celeste

00 Highway 69 | Property Details | No Agent List