Property
Beds
7
Full Baths
6
1/2 Baths
2
Year Built
1998
Sq.Footage
6,979
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.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Chandelier, Kitchen Island, Open Floorplan, Pantry, High Speed Internet
-
Total Bedrooms
7
-
Bathrooms
6
-
1/2 Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Fiberglass Siding, Metal Siding
-
Other Exterior Features
Basketball Court, Lighting, Storage
-
Parking
Additional Parking, Attached Carport, Boat, Carport, Attached
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
7.797
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Barndominium, Ranch
Price
-
Sales Price
$925,000
-
Tax Amount
10623.0
-
Sq. Footage
6, 979
-
Price/SqFt
$132
HOA
-
Association
No
School District
-
Elementary School
Eastridge
-
Middle School
Red Oak
-
High School
Red Oak
Property Features
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Kitchen
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Tax Lot
10
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Location
County
Ellis
Elementary School
Eastridge
Middle School
Red Oak
High School
Red Oak
Listing Courtesy of Welton Douglas , BLVD Group
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