109 Cole Road Red Oak, TX 75154
Listing Courtesy of: NTREIS / Blvd Group

  109 Cole Road Red Oak, TX 75154

Active (43 Days)
$925,000 (USD)
7
BED
8
BATH
6,979
SQFT

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.

MLS #:
21100387
Lot Size
7.8 acres
Type
Single-Family Home
Year Built
1998
Style
Ranch, Barndominium
School District
Red Oak Isd
County
Ellis County

Listed By

Welton Douglas, Blvd Group
Source
NTREIS
Last checked Dec 10 2025 at 2:14 AM CST
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathrooms: 2
Interior Features
  • High Speed Internet Available
  • Flat Screen Wiring
  • Disposal
  • Dishwasher
  • Electric Water Heater
  • Refrigerator
  • Dryer
  • Electric Cooktop
  • Electric Oven
  • Microwave
  • Laundry: Electric Dryer Hookup
  • Laundry: Full Size W/D Area
  • Laundry: Washer Hookup
  • Ice Maker
  • Laundry: Utility Room
  • Pantry
  • Open Floorplan
  • Kitchen Island
  • Chandelier
  • Built-In Features
  • Laundry: Stacked W/D Area
  • Laundry: Dryer Hookup
Subdivision
  • Price Estates #3
Lot Information
  • Acreage
  • Tank/ Pond
Property Features
  • Fireplace: 3
  • Fireplace: Living Room
  • Fireplace: Bedroom
  • Fireplace: Bath
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Flooring
  • Carpet
  • Ceramic Tile
  • Laminate
  • Concrete
  • Luxury Vinyl Plank
  • Tile
Exterior Features
  • Roof: Composition
  • Roof: Metal
Utility Information
  • Utilities: Asphalt, Septic, Aerobic Septic, Individual Water Meter
  • Energy: Thermostat, Hvac
School Information
  • Elementary School: Eastridge
Parking
  • Carport
  • Attached Carport
  • Additional Parking
  • Boat
Living Area
  • 6,979 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 31, 2025
Price Changed
$925,000
-23%
-$275,000
Oct 30, 2025
Listed
$1,200,000
-
-
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Disclaimer: Copyright 2025 North Texas Real Estate Information System (NTREIS). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/9/25 18:14