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$1,795,000

1407 Shelby Lane, Celina, TX, 75009

On MarketInfo
CommercialInfo
Beds5 Beds
Baths5 Bath
BusinessBusiness
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
FlooringCarpet, Wood

Exterior

Lot Size2.70 acres

Land Information

APNR84190 01
SubdivisionCowan
Land UseReal, Commercial
Legal DescriptionA0211A COWAN, TR 16, 2.704 ACRES
Census Tract020129
Assessed Land Value$588,931
Assessed Improvement Value$243,111
Assessment Year2025

About this property

Exceptional investment and development opportunity on 3.7 unrestricted acres in a rapidly growing corridor near the Dallas North Tollway and the future Outer Loop. Strategically positioned for long-term appreciation, this property offers outstanding commercial, mixed-use, or income-producing potential while remaining outside city limits.The property currently features multiple income streams, including a 5-bedroom doublewide mobile home, a 3-bedroom single-wide mobile home, and 7 RV parking spaces with utilities, creating immediate rental opportunities. A 38’ x 50’ insulated shop with foam insulation provides excellent functionality for storage, business operations, or future commercial use.With no HOA and no deed restrictions, this expansive 161,172 SF lot allows flexibility for future expansion, redevelopment, or continued income production. Enjoy a balance of privacy and accessibility, with proximity to major transportation routes and continued growth along the Outer Loop corridor. Located in Celina ISD, this property is ideal for investors, developers, or owner-users seeking a high-potential asset in a prime growth area.A rare opportunity to secure acreage with income, flexibility, and exceptional upside in one of North Texas’ fastest-growing markets.

Investor Tools

$0Estimated Mortgage Balance
$715,264Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

Interested in this property?

Lynette Sandidge

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,281
$715,264
2025
$588,931
$243,111
$832,042
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,281
$715,264

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$715,264
100%
0%
$0/mo

City: Celina

1407 Shelby Lane | Property Details | No Agent List