109 Cole Road, Red Oak, TX 75154
Local realty services provided by:CENTURY 21 Elite
109 Cole Road,Red Oak, TX 75154
$925,000Last list price
- 7 Beds
- 8 Baths
- - sq. ft.
- Single family
- Sold
Listed by: welton douglas
Office: blvd group
MLS#:21100387
Source:GDAR
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Price summary
- Price:$925,000
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....
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Home facts
- Year built:1998
- Listing ID #:21100387
- Added:154 day(s) ago
- Updated:April 03, 2026 at 05:55 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
- Flooring:Carpet, Ceramic Tile, Concrete, Laminate, Luxury Vinyl Plank, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:1998
- Lot Features:Acreage
- Architectural Style:Barndominium, Ranch
- Construction Materials:Brick, Fiberglass Siding, Metal Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Red Oak
- Middle school:Red Oak
- Elementary school:Eastridge
Finances and disclosures
- Price:$925,000
- Tax amount:$10,623
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator
- Laundry features:Dryer
- Amenities:Fire Alarm
Parking
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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