302 N ARIZONA DRIVE, CELINA, TX 75009
Homes for sale in Celina.
Homes for sale in 75009.
302 N Arizona Drive
Celina, TX 75009
List Price$750,000
Listing #21237342
About This Property
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.
Property Features
Location Information
County
Collin
Subdivision
Celina Original Donation
Interior Features
Has Fireplace
No
Floors
Carpet
Heating
Central, Natural Gas
Tenant Pays
All Utilities
Cooling
Central Air, Ceiling Fan(s), Electric
Total Number of Units
1
Exterior Features
Construction
Board & Batten Siding
Lot Size in Acres
0.66
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
28,749
Roof
Shingle
Possible Best Use
Other
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Zoning
Residential, Commercial
Security System
Fire Alarm, Smoke Detector(s)
Building Total Area (Sq. Ft.)
1,889
Parking Description
On Street
Is One Story
No
Lot Description
Corner Lot
Lot Description
Corner Lot
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
3771.0
Property SubType
Office
Exclusions
Personal Belongings
Year Built
1930
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$3,502
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,702
Monthly Tax
$625
Monthly Insurance
$175
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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