601 Houston School Rd, Red Oak, TX 75154
- $665,000
- List Price
- $665,000
- MLS#
- 21371750
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1989
- Construction Status
- Preowned
- Acres
- 0.68
- County
- Ellis
- City
- Red Oak
- Subdivision
- Western Hills
Property Description
CASH FLOW NOW in a Rapidly Growing Corridor – Located in an Opportunity Zone! This prime corner-lot property offers immediate income potential and long-term upside as the surrounding commercial area continues to expand. Perfect for investors and developers, it sits within a designated Opportunity Zone and benefits from excellent visibility and access off the Loop 9 frontage road. Directly across the street, a new 172-acre Data Center draws consistent traffic, further enhancing the property's strategic value. The site includes a 1,785-square-foot residential home that can easily be converted into a single or multi-suite office. A detached 20x21 structure includes a kitchenette and is ideal for use as an office or studio. A large 50x50 metal garage-shop adds 3076 sq. ft, with a second floor which provides ample space for inventory storage, and an additional 12x50 covered area behind a metal fence offers even more room for storage or parking. This flexible-use property is zoned for both commercial and residential purposes. Currently used as a residence, it’s ready for transformation to meet your business or investment goals. A rare find in a booming area—this property is a must-see.
Additional Information
- Unexempt Taxes
- $3,161
- Tenant Pays
- AllUtilities
- Lot Size
- 29,751
- Acres
- 0.68
- Flooring
- Concrete, Tile
- Foundation
- Slab
- Roof
- Composition, Metal, Mixed
- Building Stories
- 1
- Parking Garage
- Attached, Carport, Driveway, Garage Faces Front, Garage, RV Carport, Workshop in Garage
- Possession
- CloseOfEscrow
- Proposed Use
- Automotive, Medical/Dental, Office, Other, Warehouse
- Inclusions
- Building Only
Mortgage Calculator
Listing courtesy of Josh Mills from Relo Radar. Contact: 817-774-9077
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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