601 Houston School Road

Red Oak, TX
$ 665,000 Beds 3 Baths 2 Sq 1,785 Virtual Tour
Monthly Estimate* How much can I afford?

INCREDIBLE RESIDENTIAL INCOME OPPORTUNITY – CASH FLOW NOW IN A RAPIDLY GROWING CORRIDOR! Welcome to a highly unique and versatile residential estate situated on a prime corner lot with direct access off the Loop 9 frontage road. Perfectly designed for savvy residential investors, multi-generational families, or homeowners seeking an incredible live-work setup, this multi-structure property offers immediate rental income streams and immense long-term equity growth. Located within a designated Opportunity Zone, this high-upside location benefits from being directly across the street from a brand-new 172-acre facility, positioning your investment perfectly in a booming, high-value corridor.MULTI-STRUCTURE INCOME-PRODUCING RESIDENTIAL ASSETS: Primary Residence (1,785 Sq. Ft.): A spacious, well-maintained residential home featuring a highly functional layout. This primary dwelling is perfect for an owner-occupant or can serve as a high-demand long-term rental unit.Detached Guest Cottage, Studio (420 Sq. Ft.): A versatile 20x21 separate secondary residence equipped with its own kitchenette. This private space is ideal for immediate cash flow as an income-producing rental, a separate mother-in-law suite, or a quiet home office.Expansive Multi-Use Garage-Shop (3,076 Sq. Ft.): A massive 50x50 metal workshop and garage featuring a full second floor. Secured Covered Parking & Storage: Includes an additional 12x50 covered storage area positioned behind a secure metal fence—perfectly optimized for boat, RV, or truck parking, saving you or your tenants massive monthly storage fees.ENDLESS VERSATILITY & POTENTIAL:This property offers a rare level of residential flexibility. Capitalize on a multi-tenant rental portfolio by leasing out the main home, guest cottage, and massive workshop separately, or move right into a spacious estate with ample room for your business, hobbies, and family. Don't miss this exceptional chance to secure a high-upside, multi-income residential property!

Active

  • Price
  • $ 665,000
  • City
  • Red Oak
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ELLIS
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.683 Acres
  • Zip
  • 75154
  • Sqr Footage
  • 1,785
  • Year Built
  • 1989
  • Taxes
  • $ 3161
  • Style
  • Traditional
  • MLS#
  • 21371741
Listed By: Relo Radar
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Electric,Fireplace(s)
Cooling Ceiling Fan(s),Central Air
Utilities City Water,Electricity Available,Septic
Possession Closing/Funding
Roof Composition
Appliances Electric Cooktop,Microwave,Double Oven,Vented Exhaust Fan
School District Red Oak ISD
Year Built 1989
Architectural Style Traditional
Levels One
Unexempt Taxes 3161
Will Subdivide Subdivided
Property Subtype Single Family Residence
Subdivision Name Western Hills
Transaction Type For Sale
Occupant Type Owner
Carport Spaces 2
County Ellis
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type None
Full Baths 2
Status Active
Directions GPS
City Red Oak
Elementary School Name Red Oak
High School Red Oak
Elementary School Red Oak
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21371741
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,Kitchen Island,Walk-In Closet(s)
Flooring Tile
Fireplace Features Brick,Living Room
Fireplaces Total 1
Dining Areas 1
Living Areas 2
Room Count 5
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Features RV/Boat Parking,Other
Lot Features Corner Lot,Few Trees,Landscaped
Fencing Metal
Other Structures Garage(s),Workshop w/Electric
Lot Size Source Assessor
Parking Features Attached Carport,Drive Through,Driveway,Garage,Garage Faces Front,RV Garage,Workshop in Garage
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Slab
Lot Size Area 0.6830
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 29751.4800
Lot Size Acres 0.6830

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Red Oak Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/3/2026 Listed $665,000

Property vs Zip Code Average in 75154

Price
AVG $480K
$670K
Taxes
AVG $7,550
$3,161
Year Built
AVG 2011
1989
Visits
AVG 268
75
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

601 Houston School Road Red Oak, TX is a Single Family Home for sale at $665000 with 1785 sqft and a lot size of 0.683 Acres Acre(s). 601 Houston School Road Red Oak has 3 bedrooms, 2 baths and was built in 1989. The property's zip code is 75154 which is in Red Oak, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Debbie Romine McMillan

Debbie Romine McMillan

254-235-5015

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