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$589,900

2724 Preakness Pl, Celina, TX, 75009

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,169 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.15 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Lot Size6,098 sqft

Building Information

Year Built2020
Stories2
Garage Spaces3

Land Information

APNR-11392-00Z-0180-1
Lot Number18
SubdivisionMustang Lakes Phase 2a (Ccl)
Land UseResidential
Legal DescriptionMUSTANG LAKES PHASE 2A (CCL), BLK Z, LOT 18
Census Tract030307
Assessed Land Value$165,000
Assessed Improvement Value$517,847
Assessment Year2025

About this property

Enjoy a new home with high ceilings and fresh paint, in the highly rated Prosper ISD school district. Residents enjoy access to the award-winning Club at Mustang Lakes, featuring resort-style pools, a state-of-the-art fitness center, tennis courts, and miles of scenic trails woven through lakes and green space. This neighborhood is perfect for an active, connected lifestyle. This south-facing Lankford floor plan offers 4 bedrooms and 4.5 baths with a layout that photographs beautifully and lives even better. From the moment you enter, soaring ceilings, luxury vinyl plank flooring, and a spacious entryway create an immediate wow factor. Each bedroom has access to a nearby or en-suite bathroom, providing exceptional privacy throughout the home. A first-floor bedroom with a full bath is ideal for guests or multi-generational living. A dedicated private home office supports work-from-home flexibility, while a conveniently located powder bath adds everyday ease. The oversized laundry room exceeds expectations, with ample folding space and ample room to stay organized. The open-concept, chef-inspired kitchen is the heart of the home, featuring quartz countertops, 42-inch cabinetry, stainless steel appliances, and a large center island ideal for entertaining, casual dining, or family gatherings. Open sightlines connect seamlessly to the main living areas, creating a bright, inviting flow. The primary suite is a true retreat filled with natural light and paired with a spa-like bath offering a deep soaking tub, walk-in shower, and an expansive walk-in closet with bonus under-stairs storage. Upstairs, a versatile loft provides flexible living or media space, along with two spacious secondary bedrooms on opposite sides for added privacy—one functioning as a private guest suite. This home delivers space, privacy, top-tier schools, and resort-style amenities in an unbeatable Mustang Lakes location.

Investor Tools

Property Icon
$682,847
Estimated Property Value
$0Estimated Mortgage Balance
$682,847Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,097 /month
Positive
Cash Flow Estimate:
$1,366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,890/month
$162/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,268
$682,847
2025
$165,000
$517,847
$682,847
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$31,268
$682,847

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$682,847
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Celina

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