3460 N Preston Lakes Dr
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Investment Highlights
- 3460 N Preston Lakes Drive is a land sale offering comprising two 10-acre tracts currently zoned AG, available together or separately.
- Affluent residents provide an optimistic long-term outlook as the average annual household income within a 15-minute drive is over $165,000.
- 5 miles from charming Downtown Celina, now flourishing with trendy breweries and bars, chic boutique shops, and popular restaurants.
- 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.
- Easy access to major cities in the DFW metroplex, within 15 to 30 minutes of Prosper, Frisco, McKinney, and Little Elm.
Executive Summary
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.
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.
Sale Flyer
Property Facts
Price | $6,500,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Agricultural |
No. Lots | 1 | Total Lot Size | 20.00 AC |
Price | $6,500,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 20.00 AC |
1 Lot Available
Lot
Price | $6,500,000 | Lot Size | 20.00 AC |
Price Per AC | $325,000.00 |
Price | $6,500,000 |
Price Per AC | $325,000.00 |
Lot Size | 20.00 AC |
Two 10-acre lots available for sale together or individually.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $3,494 | Total Assessment | $3,494 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,494
Improvements Assessment
$0
Total Assessment
$3,494
zoning
Zoning Code | AG (Agriculture) |
AG (Agriculture) |
Sale Advisors
Lexie Jo Houston, Real Estate Manager
(903) 590-0358
Contact
Lexie Jo Houston works on Business Development and Real Estate Management functions for Creed Commercial Development. She also brings support to Public Relations and Partnership Teams in driving a diverse company profile of brand awareness. Lexie Jo is a graduate of Dallas Baptist University with a Bachelor of Business Administration, BBA. During her tenure at DBU, Lexie proved her ability to lead with tremendous discipline and tenacity while playing NCAA DIVISION II Collegiate Volleyball. She garnered many accolades and clearly executed preparedness and teamwork.
Geoff Bernhard, Sales Agent
(903) 521-4078
Contact
Geoff Bernhard has been gathering experience in real estate and development for much of his life. Throughout his early career Geoff worked in quality control roles monitoring new construction on a multiplicity of diverse projects ensuring all building specifications and codes were being adhered to. Geoff has also performed services in an environmental capacity doing historical research and examining land and properties for environmental impact. This experience culminated in a detailed base of knowledge in due diligence, construction and condition assessments of real property throughout the United States. Currently Geoff is engaged in land development on the commercial, industrial and residential levels.
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