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203 N Oak Acres Dr N

Malakoff, TX 75148
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2 Bedroom(s)
2 Full Bath(s)
1,838 Sqft
0.41 Lot Acres
Residential - Single Family

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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.

MLS#
NTREIS-21247715
List Price
$675,000 ($367/Sqft.)
Listing Status
For Sale
Address
203 N Oak Acres Dr N
City
Malakoff
State
TX
Zip Code
75148
County
Henderson County
Subdivision
Oaks Acres
Legal Description
LT 28, OAK ACRES
Property Type
Residential - Single Family
Bedroom
2 Bedroom(s)
Bath
2 Full Bath(s)
Garages
2 / Appraisal District
Stories
1
Building Size
1,838 Sqft/Appraisal District
Architecture Style
Ranch,Traditional
Year Built
1987 /Appraisal District
Lot Size
0.41 Lot Acres/Appraisal District
LP / Acre
$1,646,341 / Acre
Maintenance Fee
$100 / Annually

Rooms

Living
1st
Primary Bedroom
1st

Interior

Number Of Living Area
1
Fireplace
1/Gas Logs
Floors
Luxury Vinyl Plank, Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Convection Oven, Washer
Interior
Eat-in Kitchen, Granite Counters, Open Floorplan

Exterior

Roof
Composition,Metal
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Brick, Frame, Stone Veneer, Vinyl Siding
Lot Description
Landscaped, Many Trees, Sprinkler System, Water/Lake View, Waterfront
Water Amenity
Dock
Parking
Carport, Concrete, Driveway, Garage, Garage Single Door
Parking Space
Garage 2 / Carport 2 / Total Covered 4
Fencing
Back Yard,Chain Link,Fenced,Front Yard,Full,Gate
Porch
Covered,Deck,Rear Porch,Wrap Around
Utility
Co-op Water,Septic
Exterior
Boat Slip, Covered Deck, Dock, Fire Pit

Extra details you may need to know

Dwelling Type
Lake House,Resort Property,Single Detached,Vacation Home
Lake Pump
Yes

Financial information

Maintenance Fee
$100/Annually
Maint Fee Includes
Full Use of Facilities,Management Fees

Lot Information

Lot Size
0.41 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated May 08, 2026 at 11:08 AM
Listing last updated May 07, 2026 at 02:10 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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