109 Cole Road, Red Oak, TX 75154

• 7 beds |
• 8 baths |
• 6,979 sqft

Property Description

MULTI-GENERATIONAL FAMILY ~OR~ INCOME OPPORTUNITY ON 8 SCENIC ACRES!! Discover this rare and versatile property offering three distinct buildings set on 8 heavily treed acres with a picturesque 1-acre pond. Total under-roof area: Approx. 7,000 sq ft across 3 buildings, 7 beds, 8 baths. Property Acreage: 7.97 acres, .7 acre pond. Building #1: 450 sq ft storage shed. Building #2: 2,000 sq ft event building with 1 bedroom (on-suite bath) + separate guest bath. Building #3: Main house 2,600 - 3300 sq ft, 4 bedrooms, 2½ baths; Master Bath + Master bedroom + Living Room is remodeled. Building #4: Bardominium duplex (1,800 sq ft total = 2 units, 900 sq ft each). ~~Zoning Permitting: NO HOA, County annexed (therefore building & septic permits are only required) ~~Use Case: Ideal for investor acquisition as an event venue or wedding facility + rental income (duplex + guest unit + main house) ~~Investment Highlights: Multi-building layout allows multiple income streams (event venue revenue + residential duplex rental income). Event building in place — reduces repurposing cost compared to starting from scratch. Duplex units provide stable rental cash flow, helping cover property overhead while event business scales. County jurisdiction simplifies permitting (no city zoning change required) — potentially faster time-to-market. Proximity to Dallas Fort Worth metro means access to larger event demand pool plus residential rental demand. Remodel in main house adds value, supports owner-residence or short-term rentals. The 7,000 sq ft (under roof) includes the multiple buildings (main house, bardo duplex, event building, storage shed). **PRICE REDUCTION, BRING ME YOUR OFFERS - The price sq ft premium for high-end, large homes may be higher; but at the same time the unconventional layout may suppress value relative to single-family homes because many buyers won’t value the event building or duplex units the same as residence.

Listing Status:

Active

Listing Office:

BLVD Group : 214-308-1363

Listing Agent:

Welton Douglas :

MLS ID:

21100387

Interior

• General: Built-in FeaturesChandelierHigh Speed InternetKitchen IslandOpen FloorplanPantryWired for Sound
• Appliances: DryerDishwasherElectric CooktopElectric OvenElectric Water HeaterDisposalIce MakerMicrowaveRefrigerator
• Laundry: Washer HookupDryer HookupElectricDryer HookupLaundry in Utility RoomStacked
• Flooring: CarpetConcreteCeramic TileLaminateLuxury Vinyl PlankTile
• A/C: Central AirElectric
• Heating: CentralElectric
• Fireplace: BedroomBathLiving RoomFireplaceFireplaces: 3
• Disability Feature: ADA CompliantAccessible Full BathAccessible BedroomAccessible KitchenAccessible Approach with RampAccessible Entrance
• Eco/Green Feature: HVACThermostat

Exterior

• General: Basketball CourtLightingStorageGazeboOther
• Style: RanchBarndominiumDetached
• Other Structures: GazeboOther
• Pool: None
• Parking: Attached CarportAdditional ParkingBoatCarport

Construction

• Roofing: CompositionMetal
• General: BrickFiberglass SidingMetal Siding1Slab

Location

• Road/Access: Asphalt
• Originating MLS: NTR
• School District: Red Oak ISD
• County: Ellis

Lot

• Zoning: 10 PRICE EST #3 7.797 ACRES199118
• Fencing: Partial

Utilities

• Utilities: Septic AvailableSeparate MetersWater Available
• Sewer: Aerobic SepticSeptic Tank

Financial

• Source: NTR
• Exclusions: TV's(Mounts remain)Refrigerator(s)Microwave(s)Mower

This listing courtesy of Welton Douglas, BLVD Group