You should modify your DataTemplate to have a TextBlock with your text, something like:
<DataTemplate x:Key="RedTemp">
<Grid>
<Grid.ColumnDefinitions>
<ColumnDefinition />
<ColumnDefinition />
</Grid.ColumnDefinitions>
<TextBlock Text="{TemplateBinding Content}" />
<Image Source="/MyApp;component/Images/red.png"
Height="9"
Width="9"
HorizontalAlignment="Right"
Grid.Column="1"
/>
</Grid>
</DataTemplate>
I haven't tested this though.
Edit: Added a Panel around 2 UI Elements.