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$1,250,000

5201 Windmill Ln, Celina, TX, 75009

$1,438,531 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,973 Sq Ft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

About this property

Located at 5201 Windmill Lane off County Road 171, just south of downtown Weston, this 10-acre Collin County property offers country living with convenient access to Celina, McKinney, Melissa, Anna, and the Dallas area. The property is divided into three parcels, with two currently benefiting from an agricultural exemption. Total taxes are approximately $5,918, subject to verification. The acreage features flat, hay-producing pasture, partial wooded areas, two creeks, and approximately 225 feet of road frontage. Partial barbed wire perimeter fencing is in place, while public water and electricity are available on site and an onsite septic system serves the existing residence. Improvements include a 2,973-square-foot home built in 1986 and a 24-by-36-foot barn near the rear of the property. The acreage offers flexibility for a homestead, horses, hobby farming, agricultural use, recreation, or other permitted rural uses. The property is minutes from the new Outer Loop and convenient to surrounding North Texas communities, while retaining a country setting with open pasture and wooded cover. Located in Celina ISD, this property provides a versatile opportunity to enjoy acreage in a growing area of Collin County. Buyers should independently verify property condition, utilities, septic system, parcel configuration, agricultural exemption requirements, restrictions, and permitted uses.

Investor Tools

$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,438,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Corey Baumann

Whitetail Properties Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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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5201 Windmill Ln | Property Details | No Agent List