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$6,500,000

870 N Preston Road, Celina, TX, 75009

On MarketInfo
CommercialInfo
Baths5,804 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1990

Highlights

Interior

FlooringConcrete

Exterior

Lot Size4.43 acres

Building Information

Year Built1990
Stories1

Land Information

APNR-6170-002-0160-1
Lot Number16
SubdivisionCollin County School Land #15 Survey
Land UseCommercial
Legal DescriptionABS A0170 COLLIN COUNTY SCHOOL LAND #15 SURVEY, SHEET 2, TRACT 16, 4.428 ACRES
Census Tract030306
Assessed Land Value$2,507,488
Assessed Improvement Value$135,530
Assessment Year2025

About this property

Opportunity comes with an active income producing lease with a strong, established landscaping business, or can be vacated. Possible Seller Financing at Prime rate with flexible terms, reduces upfront capital and traditional loan hurdles. Positioned for significant land value appreciation - located in the heart of the North Texas Boom in Celina! Immediate surrounding planned developments are bringing 10,000+ residential homes and mixed use retail. One of the most affluent populations in Texas Celina is projected to double in population over the six years.4.4 Acres Zoned Commercial with 176’ of frontage road on major artery road - Texas State Highway 289 (Preston Rd) with high traffic counts.5.8 Acres is unzoned and outside the city limits, providing flexible development options, reduced caring costs, and future zoning options. Invest in a thriving future - immediate income, diverse development options, seller financing, and opportunity for long-term wealth creation in a dynamic city!

Investor Tools

$0Estimated Mortgage Balance
$2,643,018Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$39,000 /month
Positive
Cash Flow Estimate:
$13,000 /month

Interested in this property?

Wayne Myers

Keller Williams Prosper Celina

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,328
$2,643,018
2025
$2,507,488
$135,530
$2,643,018
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,328
$2,643,018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,643,018
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.

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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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870 N Preston Road | Property Details | No Agent List