5201 Windmill Lane, Celina, TX 75009

About this property

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, agr