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Diane Hart Alexander, MBA, MHA

diane@alex.realestate +1(713) 591-9902

$ 665,000

Est. payment -/mo

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Active

601 Houston School Road Red Oak, TX 75154

3 Beds

2 Baths

1,785 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,785 sqft

Subdivision Western Hills

MLS Listing ID 21371741

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1989

Annual Tax Amount $3,161

Lot Size 0.683 Acres

Acres 0.683

Property Sub-Type Single Family Residence

Property Description

INCREDIBLE RESIDENTIAL INCOME OPPORTUNITY – CASH FLOW NOW IN A RAPIDLY GROWING CORRIDOR! Welcome to a highly unique and versatile residential estate situated on a prime corner lot with direct access off the Loop 9 frontage road. Perfectly designed for savvy residential investors, multi-generational families, or homeowners seeking an incredible live-work setup, this multi-structure property offers immediate rental income streams and immense long-term equity growth. Located within a designated Opportunity Zone, this high-upside location benefits from being directly across the street from a brand-new 172-acre facility, positioning your investment perfectly in a booming, high-value corridor.MULTI-STRUCTURE INCOME-PRODUCING RESIDENTIAL ASSETS: Primary Residence (1,785 Sq. Ft.): A spacious, well-maintained residential home featuring a highly functional layout. This primary dwelling is perfect for an owner-occupant or can serve as a high-demand long-term rental unit.Detached Guest Cottage, Studio (420 Sq. Ft.): A versatile 20x21 separate secondary residence equipped with its own kitchenette. This private space is ideal for immediate cash flow as an income-producing rental, a separate mother-in-law suite, or a quiet home office.Expansive Multi-Use Garage-Shop (3,076 Sq. Ft.): A massive 50x50 metal workshop and garage featuring a full second floor. Secured Covered Parking & Storage: Includes an additional 12x50 covered storage area positioned behind a secure metal fence—perfectly optimized for boat, RV, or truck parking, saving you or your tenants massive monthly storage fees.ENDLESS VERSATILITY & POTENTIAL:This property offers a rare level of residential flexibility. Capitalize on a multi-tenant rental portfolio by leasing out the main home, guest cottage, and massive workshop separately, or move right into a spacious estate with ample room for your business, hobbies, and family. Don't miss this exceptional chance to secure a high-upside, multi-income residential property!

Location

State TX

County Ellis

Direction GPS

Rooms

Dining Room 1

Interior

Interior Features Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, Kitchen Island, Walk-In Closet(s)

Heating Electric, Fireplace(s)

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Fireplaces Number 1

Fireplaces Type Brick, Living Room

Appliance Electric Cooktop, Microwave, Double Oven, Vented Exhaust Fan

Heat Source Electric, Fireplace(s)

Exterior

Exterior Feature RV/Boat Parking, Other

Carport Spaces 2

Fence Metal

Utilities Available City Water, Electricity Available, Septic

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot, Few Trees, Landscaped

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Red Oak

Middle Schools Red Oak

High Schools Red Oak

School District Red Oak Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21371741

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Josh Mills • Relo Radar

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker License ID: 565194

+1(713) 591-9902

Diane Hart Alexander, MBA, MHA

601 Houston School Road Red Oak, TX 75154

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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601 Houston School Road