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203 N Oak Acres Drive N

Malakoff, Texas 75148
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Bed 2

Bed

Bath 2

Bath

SqFt1,838

Sqft

Acres0.41

Acre(Lot)

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 fo r 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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Detail Ic Property Details

Property Type : Residential

Price : $675,000

AD Id : 77849252

MLS Id : 557947406

Beds : 2

Lot Size : 0.41 Acre

Living Area Size : 1,838

Year Built : 1987

Garage : 2

County : Henderson

Subdivision: Connaways 01

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Eat-in Kitchen,Granite Counters,Open Floorplan

    Appliances

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

    Utilities

    Co-op Water,Septic
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Gas Logs

  • Building Information

    Built Year: 1987 Construction: Brick,Frame,Stone Veneer,Vinyl Siding Roof Type: Composition,Metal
  • Exterior Features

    Boat Slip,Covered Deck,Dock,Fire Pit

    Foundation

    Pillar/Post/Pier
  • Laundry Features

    Stacked W/D Area

    Patio And Porch

    Covered,Deck,Rear Porch,Wrap Around

    Fencing

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

    Construction Materials

    Brick,Frame,Stone Veneer,Vinyl Siding

  • Lot Information

    Lot Size (Acr): 0.4100 Lot Size Units: Acres Lot Size Square Feet: 17,860 Lot Features: Landscaped,Many Trees,Sprinkler System,Water/Lake View,Waterfront
  • Property Information

    SQ ft (Living Area): 1,838 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Ranch,Traditional Subdivision: Oaks Acres City: Malakoff State: Texas Directions: Use GPS Property Status: Active Levels: One Property Age: 39 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $675,000 List Price Tot SqFt: $367
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 36500000028030 Tax Legal Description: LT 28, OAK ACRES Tax Lot: 28 Unexempt Taxes: $8,589

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 2 Parking Features: Carport,Concrete,Driveway,Garage,Garage Single Door
  • Homeowners Association Information

    Included Fees: Full Use of Facilities,Management Fees HOA Type: Mandatory HOA: $100.00 HOA Frequency: Annually

  • School Information

    Middle School: Eustace High School: Eustace Primary School: Eustace Intermediate School: Eustace School District: Eustace ISD
  • Utility Information

    Utilities: Co-op Water,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10000 St Hwy 31, Malakoff, TX, 75148 $280,000 3 2 1,440 1,440 SqFt
3265 Private Road 5401, Malakoff, TX, 75148 $175,000 3 4 3,803 3,803 SqFt
12001 St Hwy 31, Malakoff, TX, 75148 $1,999,000 3 3 3,579 3,579 SqFt
11222 County Road 1201, Malakoff, TX, 75148 $798,000 2 2 2,136 2,136 SqFt
10273 Private Road 5211, Malakoff, TX, 75148 $550,000 3 2 1,889 1,889 SqFt
10530 Private Road 5207, Malakoff, TX, 75148 $129,900 1 1 832 832 SqFt
8012 County Road 1201, Malakoff, TX, 75148 $829,000 4 4 3,491 3,491 SqFt
1410 E Royall Boulevard, Malakoff, TX, 75148 $425,000 3 2 1,271 1,271 SqFt
13150 Sunrise Circle, Malakoff, TX, 75148 $4,980,000 5 7 6,780 6,780 SqFt
13212 Mulberry Way, Malakoff, TX, 75148 $2,395,000 6 7 3,717 3,717 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/12/2026 @ 03:05

MLS: 557947406 LISTED BY: Debbie French, Ebby Halliday Realtors 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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