601 Houston School Road, Red Oak, Texas, 75154
$665,000
1,785 Sqft
0.68 Acres
3 bd
2 ba
#21371741
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!
PROPERTY FEATURES
- Utilities : City Water,Electricity Available,Septic
- Parking Features: Attached Carport,Drive Through,Driveway,Garage,Garage Faces Front,RV Garage,Workshop in Garage
- Has Garage
- 2 Carport Spaces
- 2 Covered Spaces
- Fencing : Metal
- Exterior Features: RV/Boat Parking,Other
- Lot Features : Corner Lot,Few Trees,Landscaped
- Lot Features : Composition
- Architectural Style : Traditional
- Structural Style : Single Detached
- Cooling: Ceiling Fan(s),Central Air
- Heating : Electric,Fireplace(s)
- Construction Materials: Brick
- Foundation Details: Slab
- Interior Features: Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,Kitchen Island,Walk-In Closet(s)
- Fireplaces Number : 1
- Fireplace Features: Brick,Living Room
- Appliances : Electric Cooktop,Microwave,Double Oven,Vented Exhaust Fan
- Flooring : Tile
- Levels : One
- Green Verification Count : 0
- Other Structures : Garage(s),Workshop w/Electric
- Title Company Preferred: McKnight Title
PROPERTY DETAILS
ID: 21371741
Status: Active
Price: $665,000
Acres: 0.68 Acres
Price Per Acre: $973,646
Type: Single Family / Detached
Address: 601 Houston School Road
City, State: Red Oak, Texas
County: Ellis
Zip Code: 75154
Lat/Long: 32.546429, -96.805843
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