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$990,000

TBD Cowan Road, Celina, TX, 75009

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Rare opportunity to acquire ±28.28 acres of open, gently rolling North Texas land with approximately 930 feet of frontage on Cowan Road, located just 3 miles west of US-75 and immediately adjacent to the Collin County Paintball Park. This generational tract has remained in the same family for decades and is now offered through a receivership sale. The property consists primarily of open, level acreage with a history of agricultural use, offering wide, unobstructed views and an expansive sense of scale that is increasingly difficult to find in Collin County. The entire eastern boundary borders the East Fork of the Trinity River, creating a natural buffer, scenic backdrop, and long-term conservation appeal. Situated outside city limits but within the Weston ETJ, the Future Land Use Plan designates Low Density Residential (minimum 2-acre tracts), providing flexibility for estate homes, conservation-minded development, or long-term land banking. Electricity is available at the road, and Collin County has indicated septic feasibility, subject to floodplain-related permitting requirements. Water service via Weston Water Supply reaches the property boundary, with future infrastructure expansion anticipated due to the adjacent Oak Ridge master-planned community. In the interim, private well installation is a viable alternative (local well feasibility confirmed with Double D Drilling). The tract lies entirely within the FEMA 100-year floodplain, making it well-suited for buyers who value open land, privacy, recreation, agricultural use, or strategic long-term positioning over high-density development. Comparable nearby development demonstrates that floodplain land in this area is actively being engineered and utilized, subject to permitting and design standards. Mineral rights will be reserved. A compelling opportunity to secure meaningful acreage in a rapidly evolving corridor, where scale, frontage, and natural boundaries remain intact.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/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.

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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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TBD Cowan Road | Property Details | No Agent List