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Collin, US
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.
Courtesy Of: Texas Homes and Land
Feature Highlights
- Subdivided
Public Schools
- School District:
- Celina ISD
- Elementary School:
- Bobby Ray-Afton Mart
- Jr High School:
- Celina
- High School:
- Celina
Interior Features
- Heating:
- Central,Electric
Exterior Features and Amenities
- Exterior Features:
- Covered Deck,Covered Patio/Porch,Outdoor Living Center,Private Yard
- Fencing:
- Barbed Wire,Pipe,Privacy
- Lot Features:
- Acreage,Few Trees,Interior Lot,Lrg. Backyard Grass
- Lot Size:
- 5 to < 10 Acres
- Lot Size Area:
- 5.5260
- Lot Size Units:
- Acres
- Subdivision Name:
- COLLIN COUNTY SCHOOL LAND
Utility Information
- Utilities:
- Septic
Financial
- Tax Legal Description:
- ABS A0168 COLLIN COUNTY SCHOOL LAND #16 SURVE
- Unexempt Taxes:
- $6,792.00
Other Features
- Parcel Number:
- R616800105101
- Possession:
- Closing/Funding
- Restrictions:
- No Restrictions
- Will Subdivide:
- Subdivided
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.
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Data last updated: 2025-06-08.
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