Listed By:
Relo Radar
Address
601 Houston School Road, Red Oak, TX
Price
$ 665,000
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

Property vs Single Family Average in 75154

Price
AVG $480K
$670K
Taxes
AVG $7,508
$3,161
Year Built
AVG 2011
1989
Visits
AVG 271
75
Data Provided by Inside Real Estate®

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