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!
For sale
$665,000
601 Houston School Rd, Red Oak, TX 75154
3beds
1,785sqft
Single Family Residence
Built in 1989
0.68 Acres Lot
$648,200 Zestimate®
$373/sqft
$-- HOA
What's special
Expansive multi-use garage-shopPrime corner lotSpacious well-maintained residential homeDetached guest cottage studioHighly functional layout
- 64 days
- 90
- 4
Zillow last checked:
Listing updated:
Listed by:
Josh Mills 0523527 817-774-9077,
Relo Radar 817-774-9077,
Scott Murphy 0819110 817-980-3438,
Relo Radar
Source: NTREIS,MLS#: 21371741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Features: Built-in Features, Dual Sinks
- Level: First
- Dimensions: 0 x 0
Breakfast room nook
- Features: Eat-in Kitchen
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 0 x 0
Heating
- Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Double Oven, Electric Cooktop, Microwave, Vented Exhaust Fan
Features
- Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Closet(s), Wired for Sound
- Flooring: Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Masonry
Interior area
- Total interior livable area: 1,785 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Drive Through, Driveway, Garage Faces Front, Garage, RV Garage, Workshop in Garage, Boat, RV Access/Parking
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Pool features: None
- Fencing: Metal
Lot
- Size: 0.68 Acres
- Features: Corner Lot, Landscaped, Few Trees
Details
- Additional structures: Garage(s), Workshop
- Parcel number: 197633
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Western Hills
HOA
- Has HOA: No
Location
- Region: Red Oak
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $417,373
- Annual tax amount: $3,161
- Date on market: 9/3/2026
- Cumulative days on market: 65 days
- Listing terms: Cash,Conventional
Estimated market value
$648,200
$616,000 - $681,000
$2,378/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $665,000-12.5%$373/sqft |
Source: NTREIS #21371741 Report a problem | ||
| 6/1/2026 | Listing removed | $760,000$426/sqft |
Source: NTREIS #20930039 Report a problem | ||
| 3/13/2026 | Listed for sale | $760,000-2.3%$426/sqft |
Source: NTREIS #20930039 Report a problem | ||
| 5/30/2025 | Listed for sale | $777,500$436/sqft |
Source: NTREIS #20930039 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $258,944 +10% |
| 2025 | $710 -0.5% | $235,404 +10% |
| 2024 | $714 +2.9% | $214,004 +10% |
| 2023 | $694 -64.6% | $194,549 +10% |
| 2022 | $1,961 | $176,863 +10% |
| 2021 | -- | $160,785 +10% |
| 2020 | -- | $146,168 +3.5% |
| 2019 | $1,901 -0.8% | $141,240 +16.9% |
| 2018 | $1,917 | $120,800 -16.1% |
| 2017 | $1,917 +20.9% | $143,980 +19.1% |
| 2016 | $1,586 -14.2% | $120,940 +7.4% |
| 2015 | $1,848 | $112,560 -1% |
| 2014 | $1,848 | $113,680 -5.3% |
| 2013 | -- | $120,030 -2.9% |
| 2012 | -- | $123,620 +24.3% |
| 2011 | -- | $99,460 -3.6% |
| 2010 | -- | $103,200 |
| 2009 | -- | $103,200 -0.9% |
| 2008 | -- | $104,110 +0.5% |
| 2007 | -- | $103,570 -3.2% |
| 2006 | -- | $106,960 +4.8% |
| 2005 | -- | $102,030 -1% |
| 2004 | -- | $103,040 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75154
Nearby schools
Schools provided by the listing agent
- Elementary: Red Oak
- Middle: Red Oak
- High: Red Oak
- District: Red Oak ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



