Exposed: The Ugly Side of Moving to Celina
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Ай бұрынIn this video, we uncover the ugly side of moving to Celina that few are talking about. If you thought it was affordable, think again-prices are skyrocketing, and the cost of living isn't as low as you might expect. Plus, constant construction is a daily reality, making life in Celina far from peaceful. Join us as we explore the hidden downsides of this rapidly growing city and provide you with the information you need to make an informed decision before making the move. Don't miss this eye-opening look at the real Celina!
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@glennharris3357 Ай бұрын
Impressed! Finally someone covering tax expectations and affordability in these areas. Thank you.
@WendyPannell Ай бұрын
Anytime! I hope it was helpful!
@lauranelson740 28 күн бұрын
I’m a Dallas agent and love your videos! The growth is overwhelming.
@WendyPannell 28 күн бұрын
Hi Laura! Thank you, come join us!
@TexasbyStorm 29 күн бұрын
I tell people our monthly escrow bill is more than our mortgage. Between homeowners insurance, HOA, property taxes, SUD and PID, our monthly payment is more than doubled. Don't forget, nearly every "freeway" in north Texas is not a freeway, but a tollway that is a daily fee to go to work or the grocery store. Texas has become unaffordable to many people because of these monthly fees that are extra to the principle and interest of the mortgage. Add in the higher electric bills because of our super hot summers and many people move here thinking this $600K home is such a huge savings over what they would pay for a home in New York, Chicaco or California and there is no savings and oftentimes the cost is even more. We live in Little Elm, ETJ, so not quite as far out as Celina, but still quite far. We used to live in Grapevine, I miss how central Grapevine was. We moved out here in 2010, traffic was far less congested then. The Lake Lewisville Toll Bridge was brand new and it was almost like having a private bridge there was so little traffic.
@WendyPannell 25 күн бұрын
Such excellent insight into what it’s like living on the north side. Thank you so much for sharing!
@paragshah5444 15 күн бұрын
Can you please tell me about pid and sud tax. What is it ?
@rastaman7140 12 күн бұрын
My friend lives in Celina and his water bill is $200 a month, even when he doesn’t water. I was looking at Celina but I can’t live past 380. What do you think of Wylie?
@WendyPannell 12 күн бұрын
The schools are among the top in the state and it has some areas that are affordable. It has an unattractive drive in but the community itself is nice!
@sowpur 25 күн бұрын
The real state taxes in TX is insane. I have a multi-family property in the northeast that appraises a little over $1M and my uearly taxes on that is $6600. There's also lower risk of property devaluation since there aren't much places to build in the northeast. Insurance is also lower since there's less natural disasters. Insurance in recent years increased significantly in TX
@pearlsswine 24 күн бұрын
That's literally not too bad, Kenny. If you can't afford $500/month on taxes, you can't afford a $1M property. Sell it and live in a trailer.
@WendyPannell 23 күн бұрын
That difference in property taxes is incredible!
@19chaz76 24 күн бұрын
Celina will be the new Frisco in about 15 years. You need to get in now while the getting is good. It moves north up Preston.
@WendyPannell 23 күн бұрын
I agree Celina is poised for growth and projected to grow exponentially. That being said, I feel like get in now while the getting is good is not a sound reason for buying a home. It's more a way to build fomo and you never want to buy because of fomo. Just my two cents worth!
@19chaz76 23 күн бұрын
@@WendyPannell Good point. My last fomo purchase in Frisco netted me 175k when I sold. I used that money as a down payment on my new home in Celina, making my monthly payment next to nothing for a really nice house. To each their own. Thank you for your input.
@SumithDevulapally Ай бұрын
Great video and factors to consider for a fast growing city! Can you do a video like this for Northlake/Argyle areas? Interested to see what you think about the growth and development there. Thanks Wendy!
@WendyPannell Ай бұрын
Hi Sumith! I can definitely add this to the schedule.
@SumithDevulapally Ай бұрын
@@WendyPannell Ty!
@jamesdoyle9220 26 күн бұрын
Anywhere in this area you will be living in a massive construction site for the next ten years or more. Road construction and detours everywhere.
@WendyPannell 25 күн бұрын
There is so much truth to that!
@joetatoesniff9525 18 күн бұрын
And redo, to the DNT
@JayConnects Ай бұрын
Would love to see more Denton County content too. My wife and I watch your content weekly and plan to reach out to you soon. Seeing lots of Denton homes with no PID OR MUD. Thanks for your content and expertise
@WendyPannell Ай бұрын
That's great to hear! Denton County does have a lot of potential and it's nice to get a break from all the PIDs!
@Nessal83 18 күн бұрын
We looked at Frisco, Prosper, and Celina. Ended up settling in McKinney in a home with no PID or MUD.
@WendyPannell 17 күн бұрын
Nice! McKinney schools aren’t rated quite as highly but it’s a popular, in-demand area!
@Nessal83 17 күн бұрын
@@WendyPannellwe were lucky to be in an area that goes to Prosper ISD though Mckinney high schools are ranked pretty well the past few years.
@tamimoncrief2264 10 күн бұрын
Housing has become unaffordable in Texas. I recommend do not move here. If you want a home in the $300,00 's, be prepared for getting nothing good. And strangely, no landscaping or trees. Investors came in, slapped paint on walls and apparently stripped all vegetation. No realtor will tell you this.
@WendyPannell 4 күн бұрын
I wouldn't necessarily agree that housing is unaffordable in Texas - Texas is comprised of so much more than just its metro areas and homes can be quite affordable in its many smaller towns.
@soreg310 Ай бұрын
6:00 In addition to the DNT extension, also need to think about future Collin County Outer Loop extension that will connect Celina, Weston, US-75, Farmersville and Royse City. Will be another highway with its own service road east/westbound.
@WendyPannell Ай бұрын
Very true!
@nthused 20 күн бұрын
Yes. The outer loop and DNT are big news. Another…the Denton County Outer Loop that is being aligned to connect to I-35.Lots happening.
@bmacguyver 21 күн бұрын
Why would anyone pay a half million plus for a house on a postage stamp size lot in a city plus a worthless hoa to put up with
@WendyPannell 20 күн бұрын
It’s how many Dallasites roll I guess! They don’t have much of a yard to maintain and many times there are trails, parks, ponds and open green spaces they can enjoy but not maintain. I definitely hear what you’re saying though. Lucas and Parker are where you can get those bigger yards!
@dennismullins3051 9 күн бұрын
Lived in Frisco for many years. Frisco taxes were no better. We got hit with both Collin and Denton county taxes. Frisco is also built out so good luck trying to get in there. Also, Prosper was Celina just 10 years ago. Lastly, there's plenty of shopping in Mckinney and Prosper which are closer than Frisco. My neighborhood is all 1 acre lots too.
@WendyPannell 4 күн бұрын
What a find! How awesome to be in a neighborhood with one acre lots!
@joetatoesniff9525 18 күн бұрын
Traffic is INSANE around this area. Driving too fast on 380
@WendyPannell 18 күн бұрын
We hear that a lot!
@the.firefighter.realtor 25 күн бұрын
I have to admit this was pretty good and spot on. My wife and I just moved to Celina .
@WendyPannell 25 күн бұрын
Thanks!
@amanacatandhisdog8836 Ай бұрын
Great vid. Great job warning potentially new Celina residents.
@WendyPannell Ай бұрын
Thank you! Glad it was helpful!
@georgei266 18 күн бұрын
The b roll used at 6:33 is the mall from the town I moved from when I left for Texas, Freehold NJ. I knew it looked familiar
@WendyPannell 17 күн бұрын
Interesting! Its stock footage to me. How interesting to see where it actually came from!
@MadPutz 18 күн бұрын
Regarding growth, some retail-happy buyers will want to heed the opposite advice. Some like being within a 5 min walk or 2 min drive to shiny new retail development, and being directly off the tollways to save time on their commute. Driving through side roads and suburbs to reach the highways and tollways can add 20 minutes to daily commute time - just ask people in the middle of Stonebridge Ranch. Growth is also not necessarily bad for property values - it will more likely increase values than decrease. Especially along tollways, which filter out riffraff.
@WendyPannell 18 күн бұрын
All very good points! Thanks for sharing!
@upstatebernie4827 24 күн бұрын
FYI part of Celina is in Denton County, lower taxes than Collin County. Plus lower Celina is in the Prosper ISD 👍
@WendyPannell 23 күн бұрын
Amen and absolutely! Mosaic is an example of a community where you can score Denton County and Prosper ISD.
@jdrissel 19 күн бұрын
Back in the early 90's I looked at moving to Celina. It was so rural, but not so far from my work in Addison. It seemed perfect, but when push came to shove it turned out that my rental application had been lost so I didn't have anywhere to move to. Eventually that lead to moving to San Antonio.
@WendyPannell 18 күн бұрын
Oh wow, hard to say if that's a good or bad thing. Values have gone up so much between now and the 90s!
@kaparthisrinathaishwarya-ok8im Ай бұрын
Hello! Can you please share your insights on Northlake city and its growth in the available communities?
@WendyPannell Ай бұрын
I really like both Northlake and Argyle in part because I love Argyle ISD. They have an A rating with the TEA and 100% of their students score above average. Some of Northlake is within Argyle ISD so I would target that area for sure. About half of their homes on the MLS are new construction and that doesn't include all the new construction that's not on the MLS. I don't know of another school district in Texas where you can get a $365,000 home with 100% of the students scoring above average. There is a ton of value in that. It is truly astounding. Opportunity all over that. Retail and dining are going to take a while to catch up though.
@kaparthisrinathaishwarya-ok8im Ай бұрын
Thanks Wendy!
@thort531 28 күн бұрын
@@WendyPannell Hi Wendy. The $365k homes in Argyle ISD you’re referring to are only townhomes.
@Ultrajamz Ай бұрын
Thinking Similarly of Anna/Melissa, but really don’t like the idea of HOA or new build… I think the real answer is re-evaluate after the (imo) likely correction that is coming.
@WendyPannell Ай бұрын
We've yet to see a sustained correction in Dallas but I think seasonality is going to offer some major opportunities this fall/winter!
@nycprodigy485 10 күн бұрын
Very excellent video thanks
@WendyPannell 10 күн бұрын
Anytime! I hope it was helpful!
@nicoleg619 Ай бұрын
Love the Lucas/Fairview area. Lovejoy schools rank really high!
@WendyPannell Ай бұрын
Yes! So few people know what a treasure it is!
@paavola2 20 күн бұрын
If you're good for 1 million +.
@JP-tw9wu 27 күн бұрын
Thanks for this video,very helpful.
@WendyPannell 27 күн бұрын
I love hearing that!
@nurseade1 23 күн бұрын
Nice video, I moved from NYC to Celina last year. I get so depressed when I see how packed in we all are in as stated in your video. Yes I built a 4k sq foot house but when I look at my window and seems like I can high five my neighbor that is depressing. The build lines in Celina are permitted for 5 feet apart. I don’t believe these homes should be this expensive and the resale as you stated well take time because of the old vs new construction debate.
@WendyPannell 23 күн бұрын
There's so much truth to that! It's that master plan model that Celina endorses so heavily. You end up with extremely small yards, nice amenities and the PIDs that pay for it all.
@nurseade1 23 күн бұрын
@@WendyPannell So correct Wendy, I don’t know what to do personally because this seems to be the norm in North TX. There are large groups of people buying these homes like hot cakes also disturbing the market in my own opinion. My opinion is that builders are actually giving less and requiring more in home prices. These so called master planned communities have over 800 homes yet they give you one small pool and so called parks that only benefit 2-4 year olds. They use to give you so much more in mastered planned communities.
@jimmyaber5920 26 күн бұрын
I'm a resident of Texifornia too. The problem is we pay all the taxes and bear the other fees and inconveniences and have AWFUL weather several months of the year. PLEASE get income tax and abandon property tax RAPE funding for schools. Wait until the vouchers hit and they figure the few billion $ it takes to fund double schools. Sheesh!!!
@WendyPannell 25 күн бұрын
Interesting thought! One thing I wish is that school funding was distributed more equally.
@NickMirro 13 күн бұрын
More green, natural and country-ish? Not one developer or person behind a bulldozer agrees. In 10 years it will be gross!
@WendyPannell 12 күн бұрын
There's a lot of truth in that!
@billsmith2915 27 күн бұрын
years ago, DFW use to be a good place to buy a home and raise a family. It is no longer that place. Please stop calling Princeton, Celina, Lucas, Waxahachie, Terrell, Ennis part of the DFW metroplex. These places will take you an hour and half to get to anywhere in downtown Dallas. Princeton and Lucas is going to short sale their customers. They are already selling new builds for less than people paid for the same house 2 years ago. Good luck getting out from under that house if you have to move. Plus don't forget kids, that new extension might have 5 lanes each direction, but south of the Bush you will spend hours in traffic because it's 3 lanes each directions, and you get to sit in Traffic 2 hours heading into Dallas, and get to pay for it. Come on folks move right in lol
@WendyPannell 25 күн бұрын
Hey, I happen to like it here! 🤣 You’re right about the commute times though. DFW traffic and highways are no joke!
@saiffarooqui7 Ай бұрын
Hi Wendy, Thanks for the great insight. What do you say about Van Alsynte and Anna east from 75. Is there good opportunity to buy land and hold for 2 years to flip? Thanks
@WendyPannell 23 күн бұрын
I suppose it's the purpose for which you're buying the land and how large of a parcel. Both are poised for growth but Van Alstyne schools are rated much higher - night and day difference from Anna in that regard.
@saiffarooqui7 21 күн бұрын
@@WendyPannell Thanks for your response. How do you rate prosper, ceilna abd gunter corridor as compared to 75 N? Which one is recommended for 2 years flip opportunity? 20 acres with agg exeempt
@user-uw6bn4ow7x 26 күн бұрын
Sounds a bit one-sided. Not everyone that’s moving to Celina is doing so because it’s a small country town feel and most videos I see it starts out with the notion that, that’s everyone’s thought moving there. Some of us are moving there because of what it’s to become, and with that the understanding of taxes, HOA, more traffic… But also more convenience once retail and grocery and businesses are built. I just don’t see it as a dealbreaker but natural growth in a major Metroplex. And most of us north of Frisco hardly go to Dallas If we don’t work there, there’s no reason to.
@WendyPannell 25 күн бұрын
All great points! Yes, it is a video focused on the ugly side but you are correct, it is a great fit for many!
@susancook1448 21 күн бұрын
We experienced many of these when we moved to west McKinney 20 years ago. On a beautiful two lane country road (Custer Rd). So quiet and peaceful,rural feel. Not so much now!!
@randya9143 25 күн бұрын
I just heard there is going to be a new master planned community of 6000 homes across 35 west from Robson Ranch.😢 114 traffic is going to be horrific ! In the last 3 months, it has become terrible already.
@WendyPannell 23 күн бұрын
Yes! Are you talking about Hillwood and the Hunter Ranch property? So much new construction. Maybe they're banking on a better housing market by 2026!
@locosmiley2008 26 күн бұрын
Great video. Do on fort worth areas please. Im noticing a lot of the population from frisco and plano moving to fort worth and keller.
@WendyPannell 25 күн бұрын
Keller is such a lovely city! I think it doesn’t get nearly the recognition it deserves! You’re right about the migration - Fort Worth is growing really fast!
@amynguy Ай бұрын
sounds good. I will do whatever to getaway from Dallas
@WendyPannell Ай бұрын
I hope the video was helpful!
@paulgavian90 Ай бұрын
I used to manage for HOUK in denton area. I ran robson ranch HVAC for a while. Wonder how robson ranch is doing with selling houses
@WendyPannell 23 күн бұрын
It's holding its own pretty well! Average offer acceptance rate in the past 90 days is 99%. I see a broad variety of pricing in sales. I like to see that. Ranges from $312k to $850. I would definitely want to be owning the $312k. In a housing market where we're seeing a lot of price reductions we're not seeing that so much in Robson Ranch.
@Blazelaserengraving 25 күн бұрын
Great video!
@WendyPannell 25 күн бұрын
Thanks!
@JackWeaver 13 күн бұрын
Been in Celina for 3.5 years. Everything said here is correct. ✅ Celina city planners are ruining this city, issuing enormous numbers of permits, for which they haven’t thought through the growth implications. Everyone’s got the money bug right now and they see the tax dollars. Complete shame.
@WendyPannell 12 күн бұрын
I think there are plenty of people that feel the same way!
@AmandaSchnaare 22 күн бұрын
Do van alstyne next please!
@WendyPannell 20 күн бұрын
I’ll add that to the list!
@yashicamosley1777 8 күн бұрын
Thoughts on moving to Flower Mound?
@WendyPannell 4 күн бұрын
Flower Mound has some beautiful lots with mature trees and a median sales price of $639,000. Many areas of Flower Mound are a visual feast! I just wish it were in a better school district. Lewisville ISD isn't terrible, but there are definitely better rated schools out there.
@vaddisushma9016 29 күн бұрын
Can you please share your insights on McKinney?
@WendyPannell 23 күн бұрын
Absolutely! We're seeing a huge increase of inventory much like the rest of the metroplex. Your median sales price of new construction is much lower than preowned. That could be due to price reductions but I imagine an influx of affordable homes is playing a role as well. New construction inventory is up 103% year over year which is mind boggling. I'd sure like to see their school ratings improve. It's a popular city but the school ratings are nowhere near as high as other cities nearby.
@jamesduncanson5316 24 күн бұрын
I hear there's a Dr's office there for sale on the cheap!
@WendyPannell 23 күн бұрын
Sounds like there's an interesting story behind this!
@1beefybroad 22 күн бұрын
🫢
@joelfaulk 20 күн бұрын
Plenty of 2 year old homes for great rent prices.
@WendyPannell 18 күн бұрын
Depends on your price point but I know I've seen them out there!
@Hummer999xx 23 күн бұрын
Come to Melissa
@WendyPannell 22 күн бұрын
What has your experience been with the landfill? Our buyers who consider Melissa generally end up declining over the landfill issue.
@Hummer999xx 22 күн бұрын
I don’t live near the landfill. Im close to Bucees. I did look at new builds near the landfill.
@AI-Investments 25 күн бұрын
Can you talk about Northlake?
@WendyPannell 23 күн бұрын
Yes! I definitely have both Northlake and Argyle on my list. There has been a lot of interest in these areas lately.
@nthused 20 күн бұрын
PID beats MUD. A PID can be paid off by the homeowner…a MUD lasts forever
@WendyPannell 18 күн бұрын
The nice thing about PIDs is they are tax deductible!
@Cam-vz2zk 21 күн бұрын
Texans are moving to Oklahoma
@WendyPannell 20 күн бұрын
Interesting! The cost of living is definitely lower there.
@dmimcg Ай бұрын
TX sucks.
@WendyPannell Ай бұрын
Yikes. I kinda like it here!
@erickespinoza9155 Ай бұрын
Then don’t come here
@shabrethajennings7291 25 күн бұрын
lol I agree and I'm from here planning on leaving in a few more years
@Jj_mgtow 9 күн бұрын
@@shabrethajennings7291I already left
@gs1150adv 26 күн бұрын
Pilot point might be more affordable if you don't have to commute....if you have to mckinny/frisco/prosper/celina roadways are busy. HOA's getting to look like SoCal.
@WendyPannell 25 күн бұрын
There is a lot of truth to that! That whole north area has such traffic issues.
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