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$925,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 7 Beds
  • 6 Full Baths
  • 2 Partial Baths
  • 7.797 Acres
  • 2 Car Garage
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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.

Full Property Details for 109 Cole Rd

General

  • Price: $925,000
  • Taxes: $10,623
  • Status: Pending
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21100387
  • Updated: 12/31/2025
  • Added to Site: 78 day(s) ago

Interior

  • Interior Features: Built-in Features, Chandelier, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Wired for Sound
  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Bedroom, Bath, Living Room
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Flooring: Carpet, Concrete, Ceramic Tile, Laminate, Luxury Vinyl Plank, Tile

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Stacked

Additional Information

  • Security/Safety: Fire Alarm

Exterior

  • Exterior Features: Basketball Court, Lighting, Storage
  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 4
  • Parking Features: Attached Carport, Additional Parking, Boat, Carport

Location

  • County: Ellis
  • Subdivision: Price Estates #3
  • Driving Directions: From 35, exit Red Oak road and head east until Pierce Road. Turn left into onto Cole Road, turn left onto The Douglas Place

School Information

  • Elem School District: Red Oak ISD
  • Midd School District: Red Oak ISD
  • High School District: Red Oak ISD
  • Elementary School: Eastridge
  • Middle School: Red Oak
  • High School: Red Oak

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Utility Description: Septic Available, Separate Meters, Water Available

Structural Information

  • Architectural Style: Ranch, Barndominium, Detached
  • Structure Type: House
  • Detached/Attached: Attached
  • Construction: Brick, Fiberglass Siding, Metal Siding
  • Roof: Composition, Metal
  • Stories/Levels: 1
  • Living Area: 6,979 Sq. Ft.
  • Year Built: 1998

Additional Structures

  • Other Structures: Gazebo, Other

Lot Features

  • Lot Size (Acres): 7.797
  • Lot Size (Sq. Ft.): 339,637.32
  • Lot Features: Acreage, Pond on Lot
  • Potential Use: Agricultural, Grazing, Horses, Investment, Manufactured Home, Multi-Family, Mixed Use, Pasture, Recreational, Single Family
  • Fencing (Description): Partial

Green Features

  • Energy Efficient: HVAC, Thermostat

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $10,623
  • Terms: Cash, Conventional, Contract, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 10 PRICE EST #3 7.797 ACRES
  • Exclusions: TV's, (Mounts remain), Refrigerator(s), Microwave(s), Mower
  • Disclosures/Rstr.: Flood Plain Disclosure
  • Property ID: 199118
  • Lot Number: 10

Listed by BLVD Group, Welton Douglas

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Listing agent

— 109 Cole Rd —

  • Welton Douglas

    BLVD Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 109 Cole Rd

School District:Red Oak Independent School District
NameGradesDistance
Eastridge Elementary School
725 East Ovilla Road, Red Oak, TX 75154
PK-50.9 mi
Red Oak Middle School
152 Louise Ritter Boulevard, Red Oak, TX 75154
6-81.7 mi
Red Oak High School
220 South State Highway 342, Red Oak, TX 75154
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 109 Cole Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/31/2025
Price Reduced
$925,000
-22.92%
MLS
10/30/2025
Listed
$1,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 109 Cole Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,622
4%
$719,096
8%
2023
$1,562
—
$666,131
10%
2023
$1,562
112%
$605,574
-1%
2022
$738
-73%
$610,358
34%
2021
$2,765
1%
$456,710
5%
2020
$2,734
-61%
$433,790
25%
2018
$6,973
-4%
$346,822
-9%
2019
$7,244
13%
$381,504
21%
2017
$6,411
9%
$315,293
10%
2016
$5,886
7%
$286,630
7%
2015
$5,515
8%
$268,550
1%
2013
$5,087
—
$265,570
4%
2013
$5,087
—
$256,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by BLVD Group, Welton Douglas

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109 Cole Road, Red Oak, TX 75154 (MLS# 21100387) is a Single Family property with 7 bedrooms, 6 full bathrooms and 2 partial bathrooms. 109 Cole Road is currently listed for $925,000 and was received on October 30, 2025. Want to learn more about 109 Cole Road? Do you have questions about finding other Single Family real estate for sale in Red Oak? You can browse all Red Oak real estate or contact a Coldwell Banker agent to request more information.

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