109 Cole Road, Red Oak, TX 75154
Local realty services provided by:Better Homes and Gardens Real Estate Winans
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.
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Home facts
- Year built:1998
- Listing ID #:21100387
- Added:1 day(s) ago
- Updated:November 01, 2025 at 03:41 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
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 1, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.New listings near 109 Cole Road
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