109 Cole Road, Red Oak, TX 75154
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
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:90 day(s) ago
- Updated:January 29, 2026 at 09:20 AM
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
$289,000Active3 beds 2 baths1,276 sq. ft.103 N Summit Street, Red Oak, TX 75154
MLS# 21164509Listed by: RE/MAX BEST - New
$720,000Active6 beds 5 baths3,754 sq. ft.427 Birkdale Lane, Red Oak, TX 75154
MLS# 21161382Listed by: VISIONS REALTY & INVESTMENTS - New
$785,000Active5 beds 5 baths4,040 sq. ft.546 Hearthstone Boulevard, Red Oak, TX 75154
MLS# 21161533Listed by: VISIONS REALTY & INVESTMENTS - New
$655,000Active5 beds 4 baths3,261 sq. ft.415 Birkdale Lane, Red Oak, TX 75154
MLS# 21161809Listed by: VISIONS REALTY & INVESTMENTS - New
$650,000Active3 beds 3 baths3,146 sq. ft.8631 Glenmoray Drive, Red Oak, TX 75154
MLS# 21162108Listed by: OPENDOOR BROKERAGE, LLC - New
$350,000Active3 beds 2 baths1,834 sq. ft.2202 Lake Shore Lane, Red Oak, TX 75154
MLS# 21156914Listed by: MONUMENT REALTY - New
$550,000Active4 beds 4 baths3,430 sq. ft.901 Endicott Drive, Red Oak, TX 75154
MLS# 21161376Listed by: VISIONS REALTY & INVESTMENTS - New
$399,990Active4 beds 3 baths2,217 sq. ft.1226 Stockton Trail, Red Oak, TX 75154
MLS# 21161168Listed by: BRIGHTLAND HOMES BROKERAGE, LLC - New
$360,000Active3 beds 3 baths3,111 sq. ft.208 Cobblestone Circle, Red Oak, TX 75154
MLS# 21160073Listed by: MARK SPAIN REAL ESTATE
$549,000Pending4 beds 4 baths3,487 sq. ft.1031 Quincy Drive, Red Oak, TX 75154
MLS# 21160248Listed by: VISIONS REALTY & INVESTMENTS