Share this with your friends
+12147271888
Hope 4U Realty
601 Houston School Rd, Red Oak, TX 75154
- $665,000
- 3
- BD
- 2
- BA
- 1,785
- SqFt
- List Price
- $665,000
- MLS#
- 21371741
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Traditional, Detached
- Year Built
- 1989
- Construction Status
- Preowned
- Bedrooms
- 3
- Full Baths
- 2
- Acres
- 0.68
- Living Area
- 1,785
- County
- Ellis
- City
- Red Oak
- Subdivision
- Western Hills
- Number of Stories
- 1
- Architecture Style
- Traditional, Detached
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!
/u.realgeeks.media/hope4urealty/h4u_logo_black.png){kind=logo}
Additional Information
- Unexempt Taxes
- $3,161
- Amenities
- Fireplace
- Lot Size
- 29,751
- Acres
- 0.68
- Lot Description
- Corner Lot, Landscaped, Few Trees
- Interior Features
- Decorative Designer Lighting Fixtures, Double Vanity, Eat-In Kitchen, Granite Counters, Kitchen Island, Walk-In Closet(s), Wired Audio
- Flooring
- Tile
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Living Room, Masonry
- Exterior
- Other
- Carport Spaces
- 2
- Parking Garage
- Attached, Drive Through, Driveway, Garage Faces Front, Garage, RV Garage, Workshop in Garage, Rv/Boat Parking, Rv/Boat Parking
- School District
- Red Oak Isd
- Elementary School
- Red Oak
- Middle School
- Red Oak
- High School
- Red Oak
- Possession
- CloseOfEscrow
How much is your home worth?
Get a no-obligation, easy to understand home valuation report in seconds.
See how your home compares to others in your area, view recent sales and get local insights.
Mortgage Calculator
Listing courtesy of Josh Mills from Relo Radar. Contact: 817-774-9077
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: