3460 N Preston Lakes Dr - Agricultural LAND FOR SALE


Celina, TX 75009 871,200 SF
$6,500,000 USD
430-205-3362
3460 N Preston Lakes Dr, Celina, TX for Sale
$6,500,000 USD
Agricultural LAND - FOR SALE
1/17
871,200 SF

3460 N Preston Lakes Dr
Celina, TX 75009


HIGHLIGHTS

  • 3460 N Preston Lakes Drive is a land sale offering comprising two 10-acre tracts currently zoned AG, available together or separately.
  • Celina’s population in 2024 was at approximately 40,000 residents and the Dallas Business Journal estimates this will rise to 160,000 by 2030.
  • Affluent residents provide an optimistic long-term outlook as the average annual household income within a 15-minute drive is over $165,000.
  • Easy access to major cities in the DFW metroplex, within 15 to 30 minutes of Prosper, Frisco, McKinney, and Little Elm.
  • 5 miles from charming Downtown Celina, now flourishing with trendy breweries and bars, chic boutique shops, and popular restaurants.

OVERVIEW

Creed Commercial Development exclusively presents the sale of two 10-acre tracts at 3460 N Preston Lakes Drive in Celina, Texas. Available separately or together, the tracts are currently zoned AG and are next to public roads to easily create future access points. 3460 N Preston Lakes Drive is immediately surrounded by large, dispersed estates but dense single-family subdivisions are rapidly filling in the area. These homes draw highly affluent residents, and the average home value in Celina was reported to be approximately $690,000 at the end of 2024, $200,000 more than the DFW metroplex’s average. As a result, Downtown Celina has blossomed with eclectic local establishments, and 3460 N Preston Lakes Drive is minutes from the city’s center. Celina’s dynamic location is poised for long-term growth. Even after significant expansion in recxent years, the number of households within a 5-mile radius is projected to rise by 23% from 2024 to 2029. Proximity to cities north of Dallas like Frisco and McKinney, where high-income employment opportunities are increasingly abundant, only adds to its attractiveness. In preparation for this influx of residents, over $60 million was recently poured into capital improvements on public infrastructure, and commercial harbingers of growth, including Costco and Starbucks, have established presences in Celina. 3460 N Preston Lakes Drive’s position just off FM 289, Celina’s main artery, primes it for superior exposure with traffic counts of 20,394 vehicles per day.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/ACRE

$325,000/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

Commercial, Single Family Development

LAND ACRES

20 AC

LAND SF

871,200 SF

OFFSITE IMPROVEMENTS

Streets

ZONING

AG

APN/PARCEL ID

R-1242-000-0240-1,R-1242-000-0250-1

ASK ABOUT THIS PROPERTY

Lexie Jo HoustonCreed Commercial Development, LLCMore Info
430-205-3362

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Lexie Jo HoustonCreed Commercial Development, LLCMore Info
430-205-3362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.