Dallas/ Real Estate & Development

Granary Haus Opens Near Preston Road as Celina Apartments Stack Up

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Published on November 12, 2026
Granary Haus Opens Near Preston Road as Celina Apartments Stack UpSource: Google Street View

Granary Haus at Celina is open and taking residents, a five-building apartment complex that arrived in October near Preston Road and Ownsby Parkway, just behind The Home Depot.

The property adds more than 300 one-, two- and three-bedroom apartments to a corner that already has a sizable multifamily neighbor, in a city that has been filling in apartments since 2024. Community Impact reported Wednesday that Granary Haus is welcoming multifamily residents.

Five Buildings Behind the Store

The complex sits near the intersection of Preston Road and Ownsby Parkway. Community Impact described it as five buildings, with floorplans running from one bedroom to three.

That is a straightforward product for a growing Collin County suburb: not a single tower, and not a handful of townhomes. More than 300 apartments, spread across five buildings, is enough inventory to matter on one corner without being the whole city's supply.

The Amenity Package

The shared spaces read like a checklist aimed at people who expect the clubhouse to do more than hold a leasing office. Community Impact listed a pool, a two-story fitness center, a movie theater and a multisport simulator bay.

Residents who ride also get indoor bike storage and repair stations. Dogs get a park with an agility course. None of that tells a renter what the monthly check looks like. Rents, lease terms and how many of those units are already spoken for were not part of the opening report.

Celina's Apartment Wave

Granary Haus is landing in a city that has already been counting apartments by the thousand. Celina Record reported that since Aug. 1, 2024, more than 3,800 apartment units in Celina had been completed or were under construction.

That same report put the number of apartment units expected to be open in Celina by 2026 at 3,825. Those figures cover completed and under-construction stock, and a projected total. They are not a count of vacant apartments, and they do not say how Granary Haus fits inside the 3,825.

Rents Still Sliding Statewide

The broader Texas market has not been short of new apartments. The Dallas Fed has reported that rents declined across Texas because of excess rental-property supply. Vacancy rates have improved since peaking in mid-2024, the Fed said, while rents were still declining in most Texas metro areas.

Net absorption lagged apartment completions in 2025, both nationwide and in most major Texas metros. The Fed also said concessions were common at Texas apartment properties and were expected to continue through mid-2026. That is a statewide picture, not a statement about what Granary Haus is offering.

The Same Intersection, and Another 272

Granary Haus is not the only community pitched to this crossroads. Jefferson Ownsby, in the southwest quadrant of Preston Road and Ownsby Parkway, is a four-story, garden-style community with 436 units. Its amenities include a pool, fitness center, dog park and a large standalone clubhouse.

More units are still on the drawing board. An August report in the Dallas Business Journal said an Ohio-based development team planned to bring 272 luxury apartment units to Celina the following year. For anyone shopping Ownsby Parkway this fall, the immediate choice is the complex that opened in October, behind the Home Depot, with a simulator bay upstairs from the question of how many more doors this corridor can absorb.

Dallas-Real Estate & Development