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$350,000

402 N Louisiana Dr, Celina, TX, 75009

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size7,954 sqft

Building Information

Year Built1945
Stories1

Land Information

APNR-1023-009-011A-1
Lot Number11A,12A
SubdivisionCelina Original Donation (Ccl)
Land UseResidential
Legal DescriptionCELINA ORIGINAL DONATION (CCL), BLK 9, LOT 11A 12A
Census Tract030306
Assessed Land Value$180,000
Assessed Improvement Value$101,407
Assessment Year2026

About this property

Incredible opportunity in the heart of Celina! Situated on an oversized corner lot, 402 N. Louisiana Street offers outstanding potential in one of North Texas' rapidly growing communities. Located near Historic Downtown Celina, this property is zoned Downtown Code – Patio Commons, presenting an exciting opportunity for investors and those looking to capitalize on the area's continued growth and revitalization. The generous lot size and desirable corner location provide added flexibility and possibilities for future use or redevelopment, subject to city approval. Enjoy convenient access to Downtown Celina's charming shops, restaurants, entertainment, and community events. Whether you're looking to invest, renovate, or explore development opportunities, this property is full of potential. Bring your vision and take advantage of this rare opportunity in Downtown Celina! Buyer and buyer's agent to verify zoning, permitted uses, lot dimensions, and all development requirements with the City of Celina.

Investor Tools

$0Estimated Mortgage Balance
$460,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Anca Iagar Otvos

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,226
$281,407
2026
$180,000
$101,407
$281,407
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,226
$281,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
7.7%

City: Celina

402 N Louisiana Dr | Property Details | No Agent List