Active

1407 Shelby Lane

Celina, Texas 75009

$1,795,000 $7,567/Mo

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Overview

Bed

Bath

2,500

Sqft

3.70

Acres(Lot)

Description

Exceptional investment and development opportunity on 3.7 unrestricted acres in a rapidly growing corridor near the Dallas North Tollway and the future Outer Loop. Strategically positioned for long-term appreciation, this property offers outstanding commercial, mixed-use, or income-producing potential while remaining outside city limits.The property currently features multiple income streams, including a 5-bedroom doublewide mobile home, a 3-bedroom single-wide mobile home, and 7 RV parking spaces with utilities, creating immediate rental opportunities. A 38’ x 50’ insulated shop with foam insulation provides excellent functionality for storage, business operations, or future commercial use.With no HOA and no deed restrictions, this expansive 161,172 SF lot allows flexibility for future ex pansion, redevelopment, or continued income production. Enjoy a balance of privacy and accessibility, with proximity to major transportation routes and continued growth along the Outer Loop corridor. Located in Celina ISD, this property is ideal for investors, developers, or owner-users seeking a high-potential asset in a prime growth area.A rare opportunity to secure acreage with income, flexibility, and exceptional upside in one of North Texas’ fastest-growing markets.

Property Details

Property Type : Residential

Price : $1,795,000

AD Id : 74299866

MLS Id : 548916491

Beds : 5

Lot Size : 3.70 Acres

Living Area Size : 2,500

Year Built : 2020

Garage : 1

County : Denton

Subdivision: Cowan

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5

Bathroom Information

Total Baths: 4.5 Full Baths: 4 Half Baths: 1
Interior Features

Built-in Features,Cable TV Available,Decorative Lighting,Double Vanity,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Walk-In Closet(s)

Appliances

Built-in Refrigerator,Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Washer

Utilities

Aerobic Septic,City Water,Gravel/Rock,Individual Water Meter,Outside City Limits,Rural Water District
Cooling Features

Ceiling Fan(s),Zoned

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 1 Fireplace Features: Wood Burning

Building Information

Built Year: 2020 Roof Type: Composition
Exterior Features

Covered Patio/Porch,Private Yard,RV Hookup,RV/Boat Parking,Stable/Barn,Storage

Foundation

Pillar/Post/Pier,Slab
Fencing

Fenced,Privacy,Wood

Lot Information

Lot Size (Acr): 3.7000 Lot Size Units: Acres Lot Size Square Feet: 161,172 Lot Features: Acreage,Cleared,Few Trees,Interior Lot,Landscaped,Lrg. Backyard Grass
Property Information

SQ ft (Living Area): 2,500 Property Type: Residential Property Sub Type: Manufactured Home Subdivision: Cowan City: Celina State: Texas Directions: Follow GPS to Locaton 1407 Shelby Lane, Celina TX. Sign on the Property Property Status: Active Levels: One Property Age: 6

Listing Price Information

Original List Price: $1,795,000 List Price Tot SqFt: $718
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R699148 Tax Legal Description: A0211A COWAN, TR 16A, 1. ACRES Unexempt Taxes: $1,741

Parking Information

Has Garage Garage Space: 1 Carport Spaces: 0 Parking Features: Additional Parking,Asphalt,Concrete,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Parking Pad
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Marcy Lykins Middle School: Jerry & Linda Moore High School: Celina Junior High School: Celina Primary School: Celina School District: Celina ISD
Utility Information

Utilities: Aerobic Septic,City Water,Gravel/Rock,Individual Water Meter,Outside City Limits,Rural Water District

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1500 Eden Ridge, Celina, TX, 75009	$4,200,000	4	3	5,339	5,339 SqFt
2095 Honey Lane, Celina, TX, 75009	$2,125,000	4	5	4,687	4,687 SqFt
5504 Gaelic Drive, Celina, TX, 75009	$874,990	5	4	3,644	3,644 SqFt
5512 Coorie Drive, Celina, TX, 75009	$799,990	4	3	3,001	3,001 SqFt
3245 Vaquero Lane, Celina, TX, 75009	$495,000	3	3	2,431	2,431 SqFt
3201 Best Bet Court, Celina, TX, 75009	$925,000	4	6	3,737	3,737 SqFt
2205 Sorrelwood Court, Celina, TX, 75009	$1,299,999	5	8	4,507	4,507 SqFt
3040 Bandana Drive, Celina, TX, 75009	$910,000	4	4	3,522	3,522 SqFt
1308 Silver Grass Meadows, Celina, TX, 75009	$619,990	4	4	3,161	3,161 SqFt
3201 Midnight Dream Court, Celina, TX, 75009	$950,000	4	6	4,111	4,111 SqFt

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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/09/2026 @ 10:49

MLS: 548916491 LISTED BY: Lynette Sandidge, Compass RE Texas, LLC 140-733-2385 SOURCE: NTREIS - North Texas Real Estate Information