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601 Houston School Road

Red Oak, TX 75154

$665,000

3 bd · 2 ba · 1,785 sq ft · 0.68 ac

Bedrooms3
Bathrooms2
Living area1,785 sq ft
Lot size0.683 acres
Year built1989
Stories1
GarageYes
TypeSingle-family

What it costs to own

Taxes$3,161 per year
MUDNone listed
HOANone listed
Price per sq ft$373 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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!

The details

HeatingElectric, Fireplace(s)
CoolingCeiling Fan(s), Central Air
FlooringTile
AppliancesElectric Cooktop, Microwave, Double Oven, Vented Exhaust Fan
Interior featuresDecorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, Kitchen Island, Walk-In Closet(s)
Fireplace1 · Brick, Living Room

Construction materialsBrick
RoofComposition
FoundationSlab

Lot featuresCorner Lot, Few Trees, Landscaped
FencingMetal
Water sourceCity Water
SewerSeptic
ElectricElectricity Available

SubdivisionWestern Hills

ElementaryRed Oak
Middle schoolRed Oak
High schoolRed Oak
DistrictRed Oak ISD

MLS #21371741
Source
On the market35 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 1.0 mi
Nearest parkWatkins Park · 2.3 mi

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Listing courtesy of Relo Radar — Josh Mills.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21371741. Information last updated October 7, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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