203 N Oak Acres Drive,Malakoff, TX 75148
Malakoff, TX 75148
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 footageideal 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 furtherthis is a lake property designed to deliver from day one.
Details
| MLS # | 21247715 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $100 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 137 |
| Listing Provided By | Ebby Halliday Realtors | Debbie French |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,838 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.41 |
| Water Front | Dock - Covered, Lake Front, Person |
Interior
| Room Count | 2 |
|---|---|
| Cooling | Central Air, Electric |
| Heating | Central, Electric |
| Interior Features | Eat-in Kitchen, Granite Counters, Open Floorplan |
| Appliances | Dishwasher, Disposal, Dryer, Electric Cooktop, Convection Oven, Washer |
| Fireplace Features | Gas Logs |
Exterior
| Exterior Features | Boat Slip, Covered Deck, Dock, Fire Pit |
|---|---|
| Roof | Composition, Metal |
| Construction Materials | Brick, Frame, Stone Veneer, Vinyl Siding |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Landscaped, Many Trees, Sprinkler System, Water/Lake View, Waterfront |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Carport, Concrete, Driveway, Garage, Garage Single Door |
Utilities
| Utilities | Co-op Water, Septic |
|---|
Taxes
| Unexempt Taxes | 8589 |
|---|---|
| Tax Lot | 28 |
| Tax Legal Description | LT 28, OAK ACRES |
Area Information
| State | TX |
|---|---|
| County | Henderson |
| City | Malakoff |
| Zip Code | 75148 |
| Area | Henderson |
| Community Name | Oaks Acres |
| School District | Eustace ISD |
| Elementary School | Eustace |
| High School | Eustace |
| Listing VS Median (in Oaks Acres) | |
Price: $675,000 low | high Med: $675,000 sqft: 1,838 low | high Med: 1,838 $ / sqft: $367 low | high Med: $367 On site: 137 low | high Med: 137 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Henderson |
| City | Malakoff |
| Zip Code | 75148 |
| Area | Henderson |
| Community Name | Oaks Acres |
| School District | Eustace ISD |
| Elementary School | Eustace |
| High School | Eustace |
| Listing VS Median (in Oaks Acres) | |
Price: $675,000 low | high Med: $675,000 sqft: 1,838 low | high Med: 1,838 $ / sqft: $367 low | high Med: $367 On site: 137 low | high Med: 137 | |
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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