Buy land in Celina/Weston (how much, home builder, to buy)

[facebookapi123]

Hi Realtors / investors,

I am an individual investor planning to buy 30 acres of land in Celina/Weston as a buy and hold investment to sell it to a home builder down the lane(in about 10+ years or so). The said land is not currently in city limits or ETJ limits and doesn't have sewer. A developer is currently building a subdivision in 1000+ acres which is about 1000 ft from the land I intend to buy now. That developer formed a MUD for providing water, sewer and storm drainage to the subdivision he is developing.


So my question is - Can I piggy back on the sewer line developed by MUD to provide sewer access to my land eventually? Does the city own the utilities infrastucture for sewer/storm draignage after the subdivision is built out? Or is the built out sewer line exclusively owned by MUD?

I hope I am making sense. I tried to search the web for this information but couldn't find it anywhere. Please let me know.


Thanks,
Joe

[WRM20]

Originally Posted by facebookapi123

Hi Realtors / investors,

I am an individual investor planning to buy 30 acres of land in Celina/Weston as a buy and hold investment to sell it to a home builder down the lane(in about 10+ years or so). The said land is not currently in city limits or ETJ limits and doesn't have sewer. A developer is currently building a subdivision in 1000+ acres which is about 1000 ft from the land I intend to buy now. That developer formed a MUD for providing water, sewer and storm drainage to the subdivision he is developing.


So my question is - Can I piggy back on the sewer line developed by MUD to provide sewer access to my land eventually? Does the city own the utilities infrastucture for sewer/storm draignage after the subdivision is built out? Or is the built out sewer line exclusively owned by MUD?

I hope I am making sense. I tried to search the web for this information but couldn't find it anywhere. Please let me know.


Thanks,
Joe

The sewer line and other infrastructure belongs to the MUD. If you want to tie into that infrastructure, you will need to talk to the MUD and pay them something, probably far more than you want to pay, or have your property annexed by the MUD and still pay an upfront fee. The chances are that they will not want ot deal with a mere 30 acres.

The Celina city limits are bizarre https://www.google.com/maps/place/Ce...!4d-96.7861518

[LocalPlanner]

The MUD will require you to do a study to understand (1) the impacts of the development of your land on its infrastructure and (2) how much tax and rate revenue your property would bring in. Then they will agree or decline.