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$899,000

4094 Preston Lakes Circle, Celina, TX, 75009

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.96 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size3 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3743-00F-0140-1
Lot Number14
SubdivisionNorth Preston Lakes Estates Phase Ii (Cc
Land UseResidential
Legal DescriptionNORTH PRESTON LAKES ESTATES PHASE II (CCL), BLK F, LOT 14
Census Tract030306
Assessed Land Value$405,000
Assessed Improvement Value$512,000
Assessment Year2025

About this property

Priced to sell and positioned near the Dallas North Tollway extension, this rare 3-acre Celina property offers a spacious 1,200-square-foot barn or workshop with water and bath hookups and the opportunity to own acreage in one of North Texas' fastest-growing areas before future development drives values higher. Set against sweeping 360-degree views, the property provides ample space for animals, recreational vehicles, future structures, or a pool, while offering the privacy and freedom of country living just minutes from downtown Celina, top-rated schools, shopping, dining, and major transportation corridors. With acreage becoming increasingly difficult to find in this prime growth corridor, this property offers exceptional long-term upside and equity potential. Recent improvements including a 5-ton smart inverter HVAC system with dual-zone thermostats, new ductwork and gas lines, a new roof and gutters, argon windows, smart smoke detectors, backup garage opener, power-outage lighting, and 100% high-speed fiber internet already installed. Inside, the home offers a functional floor plan with fresh interior paint, luxury vinyl plank flooring, updated lighting, and several recent improvements. The kitchen features painted cabinetry, a new gas range, cooktop, and dishwasher, while the living area showcases a marbled fireplace, blackout cellular shades, and recessed lighting. The spacious primary suite includes an enclosed shower, jetted garden tub, and split vanities, while four secondary bedrooms on the main level provide ample space. A formal dining room and private upstairs office add flexibility for everyday living. Move in and enjoy today while bringing your own vision for future updates. Whether you're looking for space to expand, greater privacy, or the opportunity to secure acreage in a rapidly growing area, this property presents a rare chance to create your ideal retreat while benefiting from the continued growth of one of North Texas' most desirable markets.

Investor Tools

$227,573Estimated Mortgage Balance
$737,427Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

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The Agency Frisco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,847/month
$172/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,342
$917,000
2025
$405,000
$512,000
$917,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,342
$917,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$240,000
No
First
Aug 29, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,573
$737,427
76%
24%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,480/mo
$1,611/mo
+$1,869/mo
4.3%

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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4094 Preston Lakes Circle | Property Details | No Agent List