Five hundred doors. Seventeen acres. One of the best land bases left in North Texas. This is 17.232 acres in Celina, the No. 1 fastest-growing city in America according to the U.S. Census Bureau. Celina added 12,710 residents in a single year to reach 64,427, so roughly one in four people living there today arrived in the last twelve months. The city has nearly quadrupled since 2020, is projected to reach about 125,000 by 2030, and is planned for roughly 378,000 at full buildout. That is a demand curve most developers only see on paper. The numbers work from day one. At $9,494,832, a 29-unit-per-acre multifamily concept yields about 500 doors at roughly $19,000 per door. Basis is where the money is made, and this one leaves room for strong returns before the first slab is poured. Bigger acreage also means more units to spread your site work, amenities and fixed costs across. The groundwork is already laid. The tract sits inside Celina city limits within Planned Development District 121, which carries Mixed-Use (MU) base zoning across the 97-acre Preston 450 Addition along future Legacy Drive. Electric and water serve the site, and carrying costs stay low while you plan and permit.The Dallas North Tollway is extending from US 380 to FM 428 in Celina, with main lanes are scheduled fior late 2027. This site gives them a direct run to Frisco, Plano and Downtown Dallas. It is close to Celina ISD schools. Celina is the market the world is watching. Get your name on the biggest piece before someone else does. This is what makes this one stronger than the others, it leads with size and opens with “500 doors” . Spreading fixed costs further adds a vivid demand. About one in four Celina residents moved here in past year and nearly 60% of Celina residents work outside the city this location is ideal.
Development restrictions apply (development restrictions listed)
Exterior features
Approximately 17.232 acres of unimproved land
Lot identified as Preston 450 Addition, Lot 6
Easements for drainage, utilities and other uses
Acreage setting
Home design
Unimproved land in Celina city limits
Zoned Agricultural (AG) and located in Celina ETJ
Subdivision: Preston 450 Add
Construction
Property type is land (unimproved)
Utilities
Served by co-op electric and co-op water
No municipal utility district
HOA & community
No homeowners association
Financial info
Treat as clear loan type
No second mortgage
Other
Parcel number R124200000601
Directions: From the Dallas North Tollway, take the US-380 exit. Turn right onto US-380, then left onto Preston Rd and continue about 9 miles into Celina. After passing Celina High School, turn left onto Carthage Road at the 7-Eleven. Continue on Carthage Road; the property will be on the right.
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Collin County
APN
R124200000601
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Last updated by owner on Sep 11, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Celina, TX • 75009
Average low and high temperatures (°F)
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77
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68
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61
71
50
61
42
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Celina. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Lot 6 Carthage Rd
$6,970,101
$2.5M under list price of $9.49M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $530K to $940K.