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4 Beds
3 Baths
2,973 sqft

$1,250,000

5201 Windmill Lane, Celina TX, 75009

Price per sqft$420.45
Built in1986
Property size2,973 sqft
Property typeResidential

Overview

Active

Updated 25h ago

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21402242

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
10.16 Acres

Other Property Details

Taxes
$5,881
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Listed by Corey Baumann with Whitetail Properties Real Estate
Listing Contact:  

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/7/2026 at 6:47 AM UTC

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