- – beds
- – baths
- – sqft
- ~6 acre lot
- 1983 build
- – on site
Prime 5.5 Acre Opportunity in High-Growth Corridor Positioned between the Dallas North Tollway and Preston Road—and just east of the planned Legacy Road extension—this 5.5-acre property offers exceptional potential for investors and developers. With 388 feet of road frontage on Fred Smith Road, the site provides both accessibility and visibility in one of North Texas’ fastest-growing areas. Located just outside city limits and within the ETJ, the property allows for greater development flexibility. Existing improvements include a 1,594 sq ft main home with 3 bedrooms and 2 bathrooms, as well as a separate 3-bedroom, 2-bathroom guest house. Both structures present immediate income-producing potential or can be repurposed as office space during development. Whether you're seeking a land hold in a strategic location, a live, work setup during planning phases, or a site ready for commercial or residential redevelopment, this property checks all the boxes for forward-thinking investors.
Last checked:
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Last updated Jun 4, 2025
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MLS# 20840467 —
The Building
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Year Built:1983
Location
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Directions:From Hwy 289 (Preston Road) in Celina, go West on E Pecan Street, South on Oklahoma Street, West on FM 455 and West on County Road 9 (W Fred Smith Pkwy). Property will be on the left. GPS. Bridge being replaced, enter the property off the Tollway and if there is a Road Closed sign just go around it.
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:R616800105101
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Lot Features:Acreage, Few Trees, Interior Lot, Lrg. Backyard Grass
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Lot Size:5 to < 10 Acres
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Lot Size SqFt:240712.5600
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Lot Size Acres:5.5260
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Lot Size Area:5.5260
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Lot Size Units:Acres
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Subdivided:Yes
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Easements:None
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Restrictions:No Restrictions
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Zoning Description:unzoned
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Fencing:Barbed Wire, Pipe, Privacy
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Exterior Features:Covered Deck, Covered Patio/Porch, Outdoor Living Center, Private Yard
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Waterfront:No
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Will Subdivide:Subdivided
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:1
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Tax Legal Description:ABS A0168 COLLIN COUNTY SCHOOL LAND #16 SURVE
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20840467
Heating & Cooling
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Heating:Central, Electric
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Cooling:Central Air, Electric
Utilities
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Utilities:Septic
Schools
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School District:Celina ISD
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Elementary School:Bobby Ray-Afton Martin
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Elementary School Name:Bobby Ray-Afton Martin
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Jr High School Name:Celina
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High School Name:Celina
The Community
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Subdivision Name:COLLIN COUNTY SCHOOL LAND
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Association Type:None
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Development Status:Unzoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.