Quick Celina TX MLS Search

Browse All Celina TX Multi-Family Properties for Sale

$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

Start Your Search

Celina Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Celina and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!