203 N Oak Acres DR N, Malakoff, TX 75148
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203 N Oak Acres DR N, Malakoff, TX 75148
203 N Oak Acres DR N, Malakoff, TX 75148
203 N Oak Acres DR N, Malakoff, TX 75148
203 N Oak Acres DR N, Malakoff, TX 75148
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$ 675,000
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203 N Oak Acres DR N Malakoff, TX 75148

2 Beds

2 Baths

1,838 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,838 sqft

Price per Sqft $367

Subdivision Oaks Acres

MLS Listing ID 21247715

Style Ranch,Traditional,Detached

Bedrooms 2

Full Baths 2

HOA Fees $100/ann

HOA Y/N Yes

Year Built 1987

Annual Tax Amount $8,589

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Single Family Residence

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.

Location

State TX

County Henderson

Direction Use GPS

Body of Water Cedar Creek

Interior

Interior Features Eat-in Kitchen, Granite Counters, Open Floorplan

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank, Tile

Fireplaces Number 1

Fireplaces Type Gas Log

Fireplace Yes

Appliance Convection Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Washer

Laundry Stacked

Exterior

Exterior Feature Boat Slip, Deck, Dock, Fire Pit

Parking Features Concrete, Carport, Door-Single, Driveway, Garage

Garage Spaces 2.0

Carport Spaces 2

Fence Back Yard, Chain Link, Fenced, Full, Front Yard, Gate

Pool None

Utilities Available Septic Available, Water Available

Waterfront Description Boat Dock/Slip,Boat Ramp/Lift Access,Lake Front,Waterfront

View Y/N Yes

Water Access Desc Community/Coop

View Water

Roof Type Composition,Metal

Porch Rear Porch, Wrap Around, Covered, Deck

Garage Yes

Building

Lot Description Landscaped, Many Trees, Sprinkler System, Waterfront, Retaining Wall

Dwelling Type House

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Community/Coop

Level or Stories One

Schools

Elementary Schools Eustace

Middle Schools Eustace

High Schools Eustace

School District Eustace Isd

Others

HOA Name Oak Acres Property Owners Association

HOA Fee Include All Facilities,Association Management

Tax ID 36500000028030

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21247715


Jennifer C. Williams

Jennifer C. Williams

Realtor | License ID: 0791831

+1(214) 392-8605

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