2315 S Coit Rd, Celina, TX 75009

$1,299,000
3
BD
3
BA
2,588
SqFt

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List Price
$1,299,000
Status
ACTIVE
MLS#
21327511
Bedrooms
3
Bathrooms
3
Living Area
2,588
Lot Size
89,690

Property Description

Attention investors and developers! Positioned perfectly on over 80000 sq ft along South Coit Road, this property offers incredible long term value in one of North Texas' fastest growing markets. Located in a high demand sector experiencing rapid residential expansion and current major infrastructure upgrades. This strategic parcel is ideally situated for future commercial rezoning. Covenant removal has been initiated however not completed due to 1 of 12 homeowners not signing agreement. Due to this, covenants cannot be removed until 2030. Can be considered sooner if all residents agree. The property currently features a custom 2588 sq ft, 3 bed, 2.5 bath home with 3 car garage, offering rental income potential while you hold and plan. Capitalize on Celina's explosive commercial trajectory and secure this versatile acreage today. Adjacent acreage on intersection of Coit and Choate currently for sale. 7 Eleven will begin construction on South side of Choate and Coit intersection soon.

Additional Information

Taxes
$8,931
Year Built
2003
Garage Spaces
3
Exterior Features
Storage
Interior Features
Bar-Wet, Vaulted/Cathedral Ceilings, Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floor Plan, Cable TV, Walk-In Closet(s), Wired Audio
Roof
Composition, Shingle
School District
Celina Isd
Elementary School
O'Dell
High School
Celina
Middle School
Jerry & Linda Moore
Sewer
Septic Tank
Stories
1
Street Name
S Coit Rd
Street Number
2315
Water
Public, Rural
Acres
2.06
County
Collin
Foundation
Slab
Heating
Central, Electric, Heat Pump

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of John Prell from Creekview Realty. Contact: 214-696-4663