Community of the Month – Bluewood in Celina

Just helped one of my clients get a new home in the community of Bluewood in Celina and he is as excited as a new buyer can be. His target purchase price was under $270k and he was able to get a new build home of 1800+ sf house for $250k with an extended covered patio with a Special Incentive the builder had going at that time. Add in a few options and his final price was ~ $256,000 for a very nice 3-bedroom home.

Bluewood has four builders: D R Horton, Lennar, Meritage, and M/I Homes with prices ranging from $255,000 to $375,000. Model Homes are typically open Monday –Saturday 10:00 a.m. to 7:00 p.m. and on Sundays from 12:00 p.m. to 6:00 p.m. There are four Models, one for each builder, located across from the new pool and park area and just east of the Elementary School.

Celina is a great community with Big Plans for the future. With more land mass than Frisco or Plano and an Economic Development Council (EDC) with a vision for the city’s growth, Celina is positioned for great things.

Located just north of Prosper, this community truly does have homes priced in the mid-$200’s with M/I Homes. Elayne Keown is the MI Homes Sales Manager (ekeown@mihomes.com) or call her at (972) 816-5784.

I was visiting Elayne in the M/I model the other day; they have a beautiful model and several inventory homes available. Call Elayne to schedule an appointment or stop in and visit her at 914 Indigo Ln, Celina and mention that you saw this blog post. Or, for better representation, call me and we’ll go together. Remember, the sales consultants work for the builder using the builder’s contracts and I work for you, keeping your best interests in mind.

Bluewood’s website shows a beautiful pool area shaped like an hourglass with surrounding park and green space. It’s located directly across from the Models and is in construction as of this writing. Nearby you can also find other great outdoor activities at Lake Lewisville and Ray Roberts Lake near Pilot Point.

Celina borders Prosper to the south, Pilot Point to the west with McKinney and Weston on the east. When visiting Bluewood, take Preston (Hwy 289) about 5 miles North or Hwy 380 to Ownsby Parkway (CR 83) and turn right. Continue to Bluewood entrance on left, about ½ mile east.

One of the first Master Planned Communities in Celina, the lifestyle at Bluewood is designed for active people, encouraging hiking and biking throughout the community trails, or swimming at the Amenity Center. It’s creating a sense of community for its residents.

According to Trulia , over 85% of the population own their homes and 85% of the population are married. More than 40% of the adults are college-educated and Median Income is higher than average.

Residents attend Celina Schools a highly acclaimed school district where 44% of high school students participate in Advanced Placement (AP) classes and has a 99% graduation rate. Elementary students currently attend O’Dell Elementary which is new and is not yet rated by Great Schools.

This community currently has plans for 900+ lots to be developed and is only in the 1st phase so certainly a good time to become a new homeowner in this community. Lot sizes are 50’ and 60’ depending on the section.

Pricing varies by builder with M/I Homes starting in the $250k-range for 1800+ sf up to the mid-$300’s for 2,700+ sf making these very affordable. D R Horton has homes starting at $290k for 1700+sf and goes up to $360k for 2900+sf. Meritage has homes starting at $315k for almost 2300sf and going up to $370k for more than 3400sf. Lennar (previously CalAtlantic) is the other builder in Bluewood with homes starting at $335k for 2300+sf and ranging in sizes / prices up to $400k for 3600+sf.

Bluewood is located in Collin County and the current Tax rate for this community for 2017 was 2.477246% with the largest portion going to the school district. Please note this community is in a PID and that assessment is not reflected here.

TAXING ENTITY TAX RATE

This community is in a Public Improvement District (PID). The following was obtained from Bluewood’s website:

“The City of Celina provides water, sewer, waste management, police and fire protection. These necessities, as well as the roads and open spaces that serve the Bluewood community, are made possible because Bluewood’s location is in a PID, or Public Improvement District.

A PID is a special tool by cities to fund public infrastructure that specifically benefits the property within the PID. The Bluewood PID pays for the water, sewer, drainage, roads and open spaces that serve the Bluewood community. To finance these projects, the City issued PID Bonds which are repaid from the collection of special assessments (PID Assessments) levied on each lot within the community. A PID Assessment, once repaid, is never charged to that property again. The PID Assessment can be prepaid at any time. The PID Assessment varies by lot size. Visit with a Builder Sales Person for details.”