Paragon Realtors Real Estate

601 Houston School RoadRed Oak, TX 75154Price: $760,000

  • Price: $760,000
  • 357 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $760,000List Price
  • 0.68Acreage

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Listed by Josh Mills of Relo Radar (817-774-9077)
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.

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Property Details of 601 Houston School Road

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 10:53 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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