‘Like Drinking From a Fire Hydrant': Early Appraisals Reflect Soaring Growth in Collin, Denton, Rockwall Counties

The city of Celina won't stay small much longer, with land values skyrocketing as homebuilders transform farmland into the latest in suburban living. Four subdivisions being built along FM1385 are expected to add 10,000 to 12,000 new residents in the next three years, Mayor Sean Terry said Friday. The shift on the tax rolls from agricultural to residential there helped send preliminary appraisal values on the Denton County side of the city soaring more than 2,850 percent. Homes are being built at a rapid clip on the city's Collin County side as well.  Continue reading...

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