203 N Oak Acres Drive N, Malakoff, TX 75148
203 N Oak Acres Drive N, Malakoff, TX 75148
203 N Oak Acres Drive N, Malakoff, TX 75148
36
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$675,000
Est. payment /mo
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2 Beds
2 Baths
1,838 SqFt
Active

203 N Oak Acres Drive N Malakoff, TX 75148

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Patricia Ann Young

Patricia Ann Young

+1(972) 795-4260

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,838 sqft

Subdivision Oaks Acres

MLS Listing ID 21247715

Style Ranch,Traditional

Bedrooms 2

Full Baths 2

HOA Fees $100/ann

HOA Y/N Mandatory

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

Rooms

Dining Room 1

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 Logs

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

Heat Source Central, Electric

Laundry Stacked W/D Area

Exterior

Exterior Feature Boat Slip, Covered Deck, Dock, Fire Pit

Garage Spaces 2.0

Carport Spaces 2

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

Utilities Available Co-op Water, Septic

Waterfront Description Dock – Covered,Lake Front,Personal Watercraft Lift,Retaining Wall – Steel

Roof Type Composition,Metal

Total Parking Spaces 4

Garage Yes

Building

Lot Description Landscaped, Many Trees, Sprinkler System, Water/Lake View, Waterfront

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Brick,Frame,Stone Veneer,Vinyl Siding

Schools

Elementary Schools Eustace

Middle Schools Eustace

High Schools Eustace

School District Eustace Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Deed Restrictions

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Debbie French • Ebby Halliday Realtors

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Patricia Ann Young

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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203 N Oak Acres Drive N

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