Property Attributes
- MLS#21371741
- TypeSingle Family
- Listing Status Active
- CountyELLIS
- CityRed Oak
- NeighborhoodWestern Hills
- Zip75154
- StyleTraditional
- Year Built1989
- Taxes$ 3161
- Price$ 665,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1785
- Lot Size0.683 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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!
| Elementary School |
|---|
| Red Oak Elementary School |
| Price History | |
|---|---|
| 9/3/2026 | Listed $665,000 |
General Features
| Heating | Electric,Fireplace(s) |
|---|---|
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | City Water,Electricity Available,Septic |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Electric Cooktop,Microwave,Double Oven,Vented Exhaust Fan |
| School District | Red Oak ISD |
| Year Built | 1989 |
| Architectural Style | Traditional |
| Levels | One |
| Unexempt Taxes | 3161 |
| Will Subdivide | Subdivided |
| Property Subtype | Single Family Residence |
| Subdivision Name | Western Hills |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| Carport Spaces | 2 |
| County | Ellis |
| Property Type | Residential |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Accessory Unit Y/N | No |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | GPS |
| City | Red Oak |
| Elementary School Name | Red Oak |
| High School | Red Oak |
| Elementary School | Red Oak |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21371741 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,Kitchen Island,Walk-In Closet(s) |
|---|---|
| Flooring | Tile |
| Fireplace Features | Brick,Living Room |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 5 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Features | RV/Boat Parking,Other |
|---|---|
| Lot Features | Corner Lot,Few Trees,Landscaped |
| Fencing | Metal |
| Other Structures | Garage(s),Workshop w/Electric |
| Lot Size Source | Assessor |
| Parking Features | Attached Carport,Drive Through,Driveway,Garage,Garage Faces Front,RV Garage,Workshop in Garage |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 2 |
| Foundation | Slab |
| Lot Size Area | 0.6830 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 29751.4800 |
| Lot Size Acres | 0.6830 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Wylie shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real