Listing provided courtesy of Herbie L. PhillipsMLS# 21261987MLS ProviderContact Information: Madison Williams - 214-534-9814
  • 55 days on site
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Strategic ±0.5 acre development site located at 403 E Pecan. The property is positioned between Celina’s new $94M Civic Hub and the 9-acre Ousley Urban Park (estimated completion Fall 2026). It is situated within the Downtown Transition District, which is designated for high-density, mixed-use infill development. An adjacent property at 408 E Pecan is currently under construction for Kid Approved Pediatrics, scheduled to open in June 2026, contributing consistent professional and family-oriented traffic to the immediate area. The site is within the influence of a newly opened 400-space municipal parking garage and may qualify for Fee-in-Lieu parking credits, allowing for increased building footprint flexibility. Site Specifications & Incentives: • Zero-lot-line development capability • Up to three stories permitted • Approximately 0.2 miles from the 115,000 sq. ft. City Center and Library • Located within the Neighborhood Empowerment Zone (NEZ), with standard development fees, impact fees, and building permits waived by the city The property serves as a direct gateway to the city’s nature trail system, capturing pedestrian traffic connecting the Civic Center area to Ousley Urban Park. Disclaimer: Information provided is deemed reliable but not guaranteed. Property is sold AS-IS. Buyer is responsible for all due diligence regarding development feasibility. Property must be sold in conjunction with Lot 4, located adjacent to the subject property, for a combined lot size of just over one-half acre.

Source: North Texas MLS, MLS#: 21261987

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  • Property Type
    Land
  • Lot
    0.50 acres

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 403 Pecan Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: North Texas MLS Added to Database
May 06, 2026