109 Cole Road, Red Oak, TX 75154
Local realty services provided by:CENTURY 21 Middleton
Listed by: welton douglas
Office: blvd group
MLS#:21100387
Source:GDAR
Price summary
- Price:$925,000
- Price per sq. ft.:$132.54
About this home
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.
Contact an agent
Home facts
- Year built:1998
- Listing ID #:21100387
- Added:44 day(s) ago
- Updated:December 14, 2025 at 12:43 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
- Living area:6,979 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition, Metal
- Year built:1998
- Building area:6,979 sq. ft.
- Lot area:7.8 Acres
Schools
- High school:Red Oak
- Middle school:Red Oak
- Elementary school:Eastridge
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$132.54
- Tax amount:$10,623
New listings near 109 Cole Road
- New
$399,000Active4 beds 2 baths2,255 sq. ft.217 Watson Street, Red Oak, TX 75154
MLS# 21103301Listed by: RE/MAX BEST - New
$365,000Active4 beds 3 baths2,910 sq. ft.105 Forest Park Lane, Red Oak, TX 75164
MLS# 21125639Listed by: CENTURY 21 JUDGE FITE COMPANY - New
$285,000Active4 beds 3 baths2,633 sq. ft.700 Locustberry, Red Oak, TX 75154
MLS# 21127784Listed by: MAINSTAY BROKERAGE LLC - New
$360,000Active4 beds 3 baths2,176 sq. ft.626 Congressional Avenue, Red Oak, TX 75154
MLS# 21127517Listed by: KELLER WILLIAMS REALTY BEST SW - New
$84,900Active0.23 Acres102 Sperry Lane, Red Oak, TX 75154
MLS# 21128342Listed by: MIKE BROWNING REALTY - New
$582,900Active3 beds 3 baths2,460 sq. ft.125 Yvonne Street, Red Oak, TX 75154
MLS# 21120678Listed by: SHINING STAR REALTY INC. - New
$440,000Active4 beds 4 baths3,364 sq. ft.120 Sweet Gum Street, Red Oak, TX 75154
MLS# 21130520Listed by: KARRINGTON REALTY
$299,000Active3 beds 2 baths1,276 sq. ft.103 N Summit Street, Red Oak, TX 75154
MLS# 21123285Listed by: RE/MAX BEST- Open Sat, 11am to 1pm
$315,000Active3 beds 2 baths2,109 sq. ft.304 Briar Cove Circle, Red Oak, TX 75154
MLS# 21117617Listed by: CENTURY 21 JUDGE FITE CO.
$58,900Active0.21 Acres227 S Overlook Drive, Red Oak, TX 75154
MLS# 21120734Listed by: PROSPERA REALTY