Lake Homes Realty
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Waterfront

203 n oak acres drive n

Malakoff, TX 75148

$675,000

2 BEDS 2 BATHS
1,838 SQFT0.4 AC LOT
Residential - Single Family
Waterfront
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Bedrooms 2
Total Baths 2
Full Baths 2
Square Feet 1838
Acreage 0.41
Status Active
MLS # 21247715
County Henderson
More Info
Category Residential - Single Family
Status Active
Square Feet 1838
Acreage 0.41
MLS # 21247715
County Henderson
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 not available
Listing
Street
Satellite

Exterior Features

  • Style Ranch, Traditional, Detached
  • Construction Single Family
  • Siding Brick, Frame, StoneVeneer, VinylSiding
  • Exterior BoatSlip, Deck, Dock, FirePit
  • Roof Composition,Metal
  • Garage Yes
  • Garage Description Concrete, Carport, DoorSingle, Driveway, Garage
  • Water CommunityCoop
  • Sewer SepticTank
  • Lot Description Landscaped, ManyTrees, SprinklerSystem, Waterfront, RetainingWall

Interior Features

  • Appliances ConvectionOven, Dryer, Dishwasher, ElectricCooktop, Disposal, Washer
  • Heating Central, Electric
  • Cooling CentralAir, Electric
  • Fireplaces 1
  • Fireplaces Description GasLog
  • Living Area 1,838 SQFT
  • Year Built 1987

Neighborhood & Schools

  • Subdivision Oaks Acres
  • Elementary School Eustace
  • Middle School Eustace
  • High School Eustace

Financial Information

  • Parcel ID 36500000028030

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Ebby Halliday Realtors - (903) 340-8590
Listing Agent Debbie French
Listings identified with the North Texas Real Estate Information Systems logo are provided courtesy of the NTREIS Internet Data Exchange Program. Information Is Believed To Be Accurate But Not Guaranteed. © 2026 North Texas Real Estate Information Systems, Inc.
Listing data is current as of 08/01/2026.

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