Land with Home for Sale in Celina, Texas

Own a piece of Texas history while enjoying immediate rental income! Designated as a Texas Historic Landmark, the restored 1894 John Elias & Ida May Herrington House sits on 2.44 picturesque acres, offering a rare combination of historic charm, modern updates, and investment potential. The Queen Anne Victorian showcases original hardwood floors, soaring ceilings, intricate millwork, stained glass, transom windows, pocket doors, and multiple fireplaces, while updated kitchens and baths provide today's conveniences. The primary suite features a cedar-lined walk-in closet, and the home offers multiple living and entertaining spaces, including a library, formal dining room, wraparound porches, and a shaded flagstone courtyard beneath majestic oak trees. Adding tremendous value are four tenant-occupied rental cottages, providing immediate income. Cottages A & B are mirror-image one-bedroom homes, Cottage C is a charming efficiency, and Cottage D offers a spacious two-bedroom layout. Each residence has been updated and enjoys access to beautifully maintained shared outdoor spaces. The grounds feature mature trees, manicured landscaping, a gazebo, windmill, shared fire pit, pump house, storage building, chicken coop, and a covered pavilion perfect for entertaining or relaxing. A detached three-car garage and 20' x 30' workshop with electricity and a built-in woodworking bench offer exceptional space for hobbies, projects, or storage. The corner lot provides privacy while being surrounded by upscale acreage properties. Whether you're looking for a private family estate, boutique event venue, bed and breakfast opportunity, or an income-producing investment, this one-of-a-kind property offers endless possibilities with historic significance that simply cannot be replicated.