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$262,021

NAL Estimated Property Value

402 S Texas St, Celina, TX, 75009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.75 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,752 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APNR-1027-002-0040-1
Lot Number4
SubdivisionBateman 1st And 2nd Addition (Ccl)
Land UseResidential
Legal DescriptionBATEMAN 1ST AND 2ND ADDITION (CCL), BLK B, LOT 4
Census Tract030306
Assessed Land Value$171,000
Assessed Improvement Value$91,021
Assessment Year2025

About this property

Prime Location & Unlimited Potential. Near Preston & Historic Downtown Celina! Situated in Celina’s Gateway East District, this charming 1945 property offers a unique opportunity in an area primed for growth and revitalization. Nestled near Bobcat Trails & Ousley Park, it falls within a highly sought-after zone recently re-designated for residential, retail, restaurant, office, medical office, and entertainment use. Whether you're looking for a move-in-ready home, a business opportunity, or an investment, this property aligns perfectly with the city's vision for the future. Step onto the quaint front porch, and you’ll immediately feel the warmth and character of this beautifully updated home. Inside, the Pinterest-worthy kitchen features white cabinetry, butcher block countertops, a stone tile backsplash, a farmhouse sink, and stainless steel appliances, creating a space that blends style and function effortlessly. The bathrooms have been tastefully upgraded with dual vessel sinks, elegant lighting, and stone tile surrounds—one offering a walk-in shower, while the other boasts a shower and jetted soaking tub for the ultimate retreat. Throughout the home, upgraded windows, plantation shutters, and laminate wood flooring enhance the bright and inviting ambiance. Beyond the property itself, the location is unbeatable—directly across the street from a future dog park and scenic walking trails, offering an unmatched blend of convenience and community appeal. With its prime location, modern upgrades, and broad zoning potential, this is an opportunity you don’t want to miss.

Investor Tools

Property Icon
$262,021
Estimated Property Value
$127,785Estimated Mortgage Balance
$134,236Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,937
$262,021
2025
$171,000
$91,021
$262,021
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,937
$262,021

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$148,484
No
First
May 7, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,785
$134,236
51%
49%
$891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$891/mo
+$1,229/mo
9.7%

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.

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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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402 S Texas St | Property Details | No Agent List