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$1,440,000
5 Beds 4 Baths 21326815 MLS
Own a piece of Texas history while enjoying immediate rental income! Designated as a Texas Historic Landmark, the restored 1894 John Elias & Ida May Herrington House sits on 2.44 picturesque acres, offering a rare combination of historic charm, modern updates, and investment potential. The Queen Anne Victorian showcases original hardwood floors, soaring ceilings, intricate millwork, stained glass, transom windows, pocket doors, and multiple fireplaces, while updated kitchens and baths provide today's conveniences. The primary suite features a cedar-lined walk-in closet, and the home offers multiple living and entertaining spaces, including a library, formal dining room, wraparound porches, and a shaded flagstone courtyard beneath majestic oak trees. Adding tremendous value are four tenant-occupied rental cottages, providing immediate income. Cottages A & B are mirror-image one-bedroom homes, Cottage C is a charming efficiency, and Cottage D offers a spacious two-bedroom layout. Each residence has been updated and enjoys access to beautifully maintained shared outdoor spaces. The grounds feature mature trees, manicured landscaping, a gazebo, windmill, shared fire pit, pump house, storage building, chicken coop, and a covered pavilion perfect for entertaining or relaxing. A detached three-car garage and 20' x 30' workshop with electricity and a built-in woodworking bench offer exceptional space for hobbies, projects, or storage. The corner lot provides privacy while being surrounded by upscale acreage properties. Whether you're looking for a private family estate, boutique event venue, bed and breakfast opportunity, or an income-producing investment, this one-of-a-kind property offers endless possibilities with historic significance that simply cannot be replicated.

1425 Lone Star Rd, Celina

$1,440,000
3 Beds 3 Baths 21317091 MLS
Own a piece of Texas history while enjoying immediate rental income! Designated as a Texas Historic Landmark, the restored 1894 John Elias & Ida May Herrington House sits on 2.44 picturesque acres, offering a rare combination of historic charm, modern updates, and investment potential. The Queen Anne Victorian showcases original hardwood floors, soaring ceilings, intricate millwork, stained glass, transom windows, pocket doors, and multiple fireplaces, while updated kitchens and baths provide today's conveniences. The primary suite features a cedar-lined walk-in closet, and the home offers multiple living and entertaining spaces, including a library, formal dining room, wraparound porches, and a shaded flagstone courtyard beneath majestic oak trees. Adding tremendous value are four tenant-occupied rental cottages, providing immediate income. Cottages A & B are mirror-image one-bedroom homes, Cottage C is a charming efficiency, and Cottage D offers a spacious two-bedroom layout. Each residence has been updated and enjoys access to beautifully maintained shared outdoor spaces. The grounds feature mature trees, manicured landscaping, a gazebo, windmill, shared fire pit, pump house, storage building, chicken coop, and a covered pavilion perfect for entertaining or relaxing. A detached three-car garage and 20' x 30' workshop with electricity and a built-in woodworking bench offer exceptional space for hobbies, projects, or storage. The corner lot provides privacy while being surrounded by upscale acreage properties. Whether you're looking for a private family estate, boutique event venue, bed and breakfast opportunity, or an income-producing investment, this one-of-a-kind property offers endless possibilities with historic significance that simply cannot be replicated.

1425 Lone Star Rd, Celina

$350,000
3 Beds 2 Baths 21289562 MLS
PRICE REDUCED! RARE OPPORTUNITY to own a fully remodeled 3-bed, 2-bath mixed-use cottage in the heart of Historic Downtown Celina! Ideally positioned along the Historic Downtown Celina Corridor with high-visibility frontage on Louisiana Drive, this turnkey property offers endless possibilities including primary residence, business, boutique retail, restaurant, live-work, or short-term rental (STR). NO MUD, NO PID, NO HOA! Set on a large, beautifully maintained lot beneath a stunning mature shade tree, this charming cottage blends timeless character with modern convenience. The covered front porch, clean landscaping, and exceptional curb appeal create an inviting first impression. Flexible mixed-use zoning opens the door to residential, office, retail, or live-work use (buyer to verify permitted uses). Completely renovated from top to bottom with new plumbing, electrical, HVAC, and roof. Inside, abundant natural light fills the open-concept floor plan, showcasing wide-plank flooring, recessed lighting, designer fixtures, shaker-style cabinetry, stainless steel appliances, and beautifully remodeled bathrooms. Enjoy one of Downtown Celina's most walkable locations, minutes from Historic Celina Square, the Public Library, boutique shopping, local restaurants, coffee shops, parks, and the year-round festivals that make Celina one of North Texas' most sought-after destinations. Planned regional anchors including Costco (2026), H-E-B (2027), and Walmart (2026) are driving rapid growth throughout the area. The Dallas North Tollway extension through Celina, planned 7.7 miles north to the Grayson County line, is one of the region's biggest development catalysts. As Historic Downtown Celina expands, mixed-use corridor properties are becoming increasingly scarce. Do not miss this opportunity! Buyer to independently verify future developments, permitted uses, and City of Celina STR regulations.

307 S Louisiana St, Celina

$750,000
21237342 MLS
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.

302 N Arizona Dr, Celina

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