203 N Oak Acres Dr N, Malakoff, TX 75148
- $675,000
- 2
- BD
- 2
- BA
- 1,838
- SqFt
- List Price
- $675,000
- MLS#
- 21247715
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Ranch, Traditional, Detached
- Year Built
- 1987
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 2
- Acres
- 0.41
- Living Area
- 1,838
- County
- Henderson
- City
- Malakoff
- Subdivision
- Oaks Acres
- Number of Stories
- 1
- Architecture Style
- Ranch, Traditional, Detached
Property Description
Positioned on open water, this lakefront home delivers a rare combination of usable space, flexibility, and income potential that stands out in its category. While officially a 2-bedroom, it lives like a 3-bedroom with a bright enclosed sunroom that adds meaningful flexible square footage—ideal as a guest room, bunk space, second living area, or office (not reflected in tax records). Combined with two pull-out queen sleepers, the home comfortably accommodates up to 8 adults, making it highly functional for both personal use and hosting. Currently operating as a successful Airbnb, the property offers built-in income potential and can be sold fully furnished for a seamless turnkey transition. There is also a clear path to additional value, with the detached two-car garage already plumbed for a bath, offering the opportunity to convert it into a true third bedroom and additional bathroom, creating a separate bunkhouse or guest suite that would further enhance both livability and rental performance. Outdoor living is equally impressive, with a fully fenced yard and gated entry, expansive driveway with plenty of guest parking, and a two-car carport currently functioning as a covered sitting area ideal for grilling and gathering. A waterside stone fire pit, well-maintained boathouse with party deck seating, pontoon cradle, PWC lift, lake pump sprinkler system, and two additional storage sheds for lake toys and lawn equipment complete the outdoor amenities. Recent seller updates include approximately $50,000 in improvements, including flooring, paint, and hardware in 2022, plus a new HVAC system in 2024 with dual-zone heating and cooling and Nest thermostats. Move in, enjoy immediately, generate income, or enhance further—this is a lake property designed to deliver from day one.
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Additional Information
- Unexempt Taxes
- $8,589
- HOA Fees
- $100
- HOA Freq
- Annually
- Amenities
- Fireplace
- Lot Size
- 17,859
- Acres
- 0.41
- Lot Description
- Landscaped, Trees, Sprinkler System-Yard, Waterfront, Retaining Wall
- Interior Features
- Eat-In Kitchen, Granite Counters, Open Floor Plan
- Flooring
- Vinyl, Tile
- Foundation
- Pillar/Post/Pier
- Roof
- Composition, Metal
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Gas Log
- Exterior
- Boat Slip, Deck, Dock, Fire Pit
- Garage Spaces
- 2
- Carport Spaces
- 2
- Parking Garage
- Paved, Carport, Garage - Single Door, Driveway, Garage
- School District
- Eustace Isd
- Elementary School
- Eustace
- Middle School
- Eustace
- High School
- Eustace
- Possession
- Negotiable
Mortgage Calculator
Listing courtesy of Debbie French from Ebby Halliday Realtors. Contact: 903-340-8590
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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