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$335,000

412 N Arizona Dr, Celina, TX, 75009

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,764 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$188.21 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size13,939 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1023-032-001C-1
Lot Number1C
SubdivisionCelina Original Donation (Ccl)
Land UseResidential
Legal DescriptionCELINA ORIGINAL DONATION (CCL), BLK 32, LOT 1C
Census Tract030306
Assessed Land Value$198,000
Assessed Improvement Value$23,726
Assessment Year2025

About this property

Situated on approximately one third of an acre in the heart of historic Downtown Celina, this exceptional homesite is fully cleared and ready for your vision. Utilities, including natural gas, are already available at the front of the property, creating an easy path for future development. Located just steps from Celina's thriving downtown square, you'll enjoy walkable access to locally owned boutiques, restaurants, Friday Night Markets, Movie Nights on the Square, Cajun Fest, and the many community events that make this one of North Texas's most desirable small towns. Celina continues to invest heavily in its historic downtown, supporting long term growth and future value. Planned improvements include new streets, expanded sidewalks, and the highly anticipated Downtown Center, a $93.4 million project featuring a multi level parking garage, a four story building with a state of the art library and community gathering spaces, and a revitalized alleyway park, with completion anticipated in late 2026. Nearby Ousley Park will also add pickleball courts, walking trails, a dog park, and additional recreational amenities. An added opportunity awaits with the adjacent property at 414 N Arizona also being offered for sale. Purchase one lot or acquire both to create an even larger footprint in one of Celina's most sought after redevelopment areas. Whether you're planning a custom home, an investment property, or a future development project, opportunities like this are becoming increasingly difficult to find in Downtown Celina.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$206,250Estimated Mortgage Balance
$0Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Danette Ewoldt

Pinnacle Realty Advisors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,860
$221,726
2025
$198,000
$23,726
$221,726
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,860
$221,726

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers Bank & Trust
Unknown
$206,250
No
First
Nov 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,906
N/A
0%
123%
$2,474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,474/mo
+$196/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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412 N Arizona Dr | Property Details | No Agent List