Sandeep D Balse
License number: 0599503
mobile: (682) 651-5335
www.kanamrealty.­com/
100 N Central Expy
Suite 913
Richardson, TX 75080
$925,000
109 Cole Road, Red Oak, Texas 75154, USA
MLS#
21100387
Property type
Residential For Sale, Single Family
Property Size
6,979 sqft (648.349 m2)
Land size
7.8 sqft (0.72 m2)
Status
Bedrooms
7
Baths
6
Half baths
2
Sale price per sqm
1,426.65 $
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.
Rooms
  • 4 dining rooms
Property Details
1998 Year Built:
Single Detached, Ranch Property type:
Brick Construction:
Resale Condition:
Refrigerator, Icemaker, Dishwasher, Microwave, Cooktop - Electric, Oven-Electric, Disposal, Dryer Appliances:
Meets ADA Requirement, Ramp Handicapped Features:
3 Number of Fireplaces:
Handicapped Features, Covered Patio, Garage, Carport Property Features:
Covered Patio
laminate, Carpet, Ceramic tile, concrete Floors:
septic tank, Aerobic Septic, Individual Water Meter Utilities:
Central, Electric Heating System:
Central, Electric Cooling System:
Broadband internet access Telecommunication:
Tank/Pond Lot Description:
On Slab Basement and Foundation:
composition, Metal Roofing:
Parking / Garage
RV/Boat Parking Parking type:
2 Garage Spaces:
Garage Dimensions: 30 x 22 Garage Dimensions:
Attached Garage Garage Description:
2 Number of Carport Spaces:
Attached Carport Carport Description:
School Information
962 School District:
Eastridge Elementary School:
Red Oak High School:
Red Oak Middle School:


Listing by: BLVD Group

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