Lot 5 Carthage Road, Celina, Texas

Description

Celina is officially America’s fastest-growing city. The U.S. Census Bureau ranked it No. 1 in the nation for 2025 after it added 12,710 residents in a single year to reach 64,427, nearly four times its 2020 population. Local projections call for about 125,000 residents by 2030 and roughly 378,000 at full buildout. Every one of those people needs a place to live, and this 15.71-acre tract puts you directly in their path. At $8,656,210, a 29-unit-per-acre multifamily concept yields about 456 doors at roughly $19,000 per door. That land basis has all but disappeared along the Dallas North Tollway corridor, and it lets a developer win the deal before the first slab is poured. The fundamentals line up. 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. Co-op electric and co-op water serve the property, and carrying costs stay low while you work through site planning and approvals. The highway is coming to you. The Dallas North Tollway is being extended north from US 380 to FM 428 in Celina, with the main lanes scheduled to open in late 2027. That puts a straight shot to Frisco, Plano and Downtown Dallas minutes from this site, just off Preston Road. Families are pouring into fast-growing Celina ISD, and the rooftops are spreading north every month. Ground with these fundamentals doesn’t come back to market. It gets entitled, permitted and built. If you’ve been waiting for your way into the hottest growth market in the country, this is the door. Buyer to verify zoning, density and utilities.

Directions: From the Dallas North Tollway, US-380 exit. Turn Right onto US-380. Turn Left onto Preston Rd and continue approximately 9 miles into Celina. Pass Celina High School, then turn Left onto Carthage Road at the 7-Eleven. Continue on Carthage Road; property will be on the Right