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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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601 Houston School Rd , Red Oak, TX 75154
$665,000
Est. Payment: $3,680.92/mo
4461 Sqft
0.68 Acres
Status: active | Days on site: 43
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House Description

CASH FLOW NOW IN A RAPIDLY GROWING CORRIDOR – LOCATED IN AN OPPORTUNITY ZONE! Outstanding commercial or mixed-use development opportunity situated on a prime corner lot with exceptional visibility and direct access off the Loop 9 frontage road. Perfectly positioned for investors, developers, or owner-users, this highly adaptable property sits within a designated Opportunity Zone, offering significant tax incentives and long-term upside as the surrounding commercial sector continues its rapid expansion. Strategic value is further enhanced by its location directly across the street from a brand-new, high-traffic 172-acre Data Center.MULTI-STRUCTURE COMPREHENSIVE SITE ASSETS:Primary Structure (1,785 Sq. Ft.): Currently configured as a residential space, this building features an excellent layout that can effortlessly be converted into a single or multi-suite professional office building.Detached Office Studio (420 Sq. Ft.): A versatile 20x21 secondary structure equipped with a kitchenette, making it ideal for a private executive suite, client-facing showroom, or creative studio.Massive Commercial Garage-Shop (3,076 Sq. Ft.): A heavy-duty 50x50 metal workshop featuring an expansive second-floor layout designed for secure inventory storage, heavy machinery, or distribution workflows.Secured Fleet Parking, Storage: Includes an additional 12x50 covered storage area positioned behind a secure metal fence, perfectly optimized for commercial fleet vehicles, equipment parking, or material laydown. FLEXIBLE ZONING & ENDLESS POTENTIAL:Boasting dual zoning for both commercial and residential purposes, this property offers a rare level of versatility. Seamlessly transition the site into a full-scale commercial asset, run a home-based business with heavy equipment needs, or capitalize on an income-producing multi-tenant rental portfolio. Do not miss this rare opportunity to secure a high-visibility footprint in a booming commercial submarket.

Highlights

Listed by Josh Mills , and Scott Murphy , Relo Radar , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.68

Year Built

1989

County

Ellis

Neighborhood

Western Hills

Listing ID

21371750

Questions about this listing?

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Interior Features

Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Concrete,Tile

Exterior Features

Lot:.5 to < 1 Acre
Zoning:No zoning or deed restrictions.
Roof:Composition,Metal,Mixed
Others:
  • ▪ Additional:Preowned
Parking Features:Attached Carport,Carport,Driveway,Garage,Garage Faces Front,RV Carport,Workshop in Garage
Principal Interest
$3,681
Taxes
$263

Home Price

$665,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$133,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,680.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,680.92 $263.42 $0.00 $3,944.34
Yearly $44,171.05 $3,161.00 $0.00 $47,332.05
Total $1,325,131.35 $94,830.00 $0.00 $1,419,961.35

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Red Oak, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T20:06:31.543Z

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