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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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302 N Arizona Dr , Celina, TX 75009
$750,000
Est. Payment: $3,861.33/mo
0 Bed
0 Bath
1889 Sqft
Status: active | Days on site: 123
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Prime 0.66-acre investment opportunity located just steps from Historic Downtown Celina in one of the fastest-growing cities in North Texas. Positioned within a high-demand redevelopment corridor, this property offers strong long-term appreciation potential and multiple income-producing development options. Walkable to Downtown Celina’s retail, dining, entertainment, and year-round city events, this location benefits from consistent pedestrian traffic and ongoing city investment in infrastructure and downtown expansion. Rapid population growth and continued commercial development in Celina support increasing demand for housing, short-term rentals, and mixed-use investment projects. This site presents strong potential for short-term rental development such as Airbnb units, multi-unit residential redevelopment, mixed-use commercial space, boutique lodging, or professional office use. The proximity to frequent downtown festivals, markets, and community events supports occupancy potential for short-term rental strategies and income-producing property models. Key Investment Highlights: 0.66 acres in prime downtown proximity Walkable location near retail, dining, and events Located in a high-growth North Texas market Strong demand for short-term rentals and redevelopment Flexible development potential based on zoning Ideal for income-producing or long-term hold strategies Limited availability of parcels this size near Downtown Celina Opportunities of this size and location are increasingly rare within the Downtown Celina area. This property offers investors and developers the ability to secure land in a rapidly expanding submarket positioned for continued growth, redevelopment, and long-term return potential. Buyer to verify zoning, permitted uses, and development requirements with the City of Celina.

Highlights

Listed by Jessica Self , Texas Homes and Land Real Estate, LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.66

Year Built

1930

County

Collin

Neighborhood

Celina Original Donation

Listing ID

21237342

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet

Exterior Features

Lot:Corner Lot,.5 to < 1 Acre
Zoning:Residential, Commercial
Roof:Shingle
Others:
  • Additional:Preowned
Parking Features:On Street
Principal Interest
$3,861
Taxes
$314

Home Price

$750,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,861.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,861.33 $314.25 $0.00 $4,175.58
Yearly $46,335.91 $3,771.00 $0.00 $50,106.91
Total $1,390,077.26 $113,130.00 $0.00 $1,503,207.26

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Celina, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems