DISTRESSED PROPERTY WITH INVESTMENT OPPORTUNITY ON 10 ACRES: The existing residence is being offered in its current condition and requires significant repair and updating. This property presents an opportunity for a buyer looking to renovate, improve, or utilize the acreage for a rural homestead or other permitted use.Located at 5201 Windmill Lane off County Road 171, just south of downtown Weston, this 10-acre Collin County property offers country living with convenient access to Celina, McKinney, Melissa, Anna, and the Dallas area. The property is divided into three parcels, with two currently benefiting from an agricultural exemption. Total taxes are approximately $5,918, subject to verification.The acreage features flat, hay-producing pasture, partial wooded areas, two creeks, and approximately 225 feet of road frontage. Partial barbed wire perimeter fencing is in place. Public water and electricity are available on site, and an onsite septic system serves the existing residence.Improvements include a 2,973-square-foot home built in 1986 and a 24-by-36-foot barn near the rear of the property. The acreage offers flexibility for a homestead, horses, hobby farming, agricultural use, recreation, or other permitted rural uses. The property is minutes from the new Outer Loop and convenient to surrounding North Texas communities while retaining a country setting with open pasture and wooded cover.Located in Celina ISD, this property offers acreage and potential in a growing area of Collin County. Buyers should independently verify property condition, utilities, septic system, parcel configuration, agricultural exemption requirements, restrictions, and permitted uses.
Listed By
Agency Name: Whitetail Properties Real Estate
Agent Name: Corey Baumann
Shown By
Agent Name: Mike Schumaker
Agent Phone: (254) 744-0019
Agency Title: Kelly, Realtors
Estimated Payment
$ 3,146.54 per month $2,781.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $364.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5201 Windmill Lane | MLS# 21402242
This single family home located at 5201 Windmill Lane , Celina, TX 75009 is currently listed for sale with an asking price of $1,250,000. This property was built in 1986 and has 4 bedrooms and 2 full and 1 partial baths with 2973 sq. ft. Windmill Lane is located in the A0209 subdivision within the Celina ISD school district. Search A0209 real estate on mikeschumaker.kellyrealtors.com today.