203 N Oak Acres Drive N
Malakoff, TX 75148 · View on map ↓
Overview
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.
Mortgage Calculator
Estimate only — contact a lender for actual rates and terms.
Rooms
- Primary Bedroom
- 0 x 0 / 1
- Living Room
- 0 x 0 / 1
- Appliances
- Convection Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Washer
- Interior Features
- Eat In Kitchen, Granite Counters, Open Floorplan
- Flooring
- Luxury Vinyl Plank, Tile
- Laundry
- Stacked
- Fireplaces
- 1 · Gas Log
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Utilities
- Septic Available, Water Available
- Architectural Style
- Ranch, Traditional, Detached
- Construction
- Brick, Frame, Stone Veneer, Vinyl Siding
- Roof
- Composition, Metal
- Foundation
- Pillar Post Pier
- Exterior Features
- Boat Slip, Deck, Dock, Fire Pit
- Patio / Porch
- Rear Porch, Wrap Around, Covered, Deck
- Pool
- None
- View
- Water
- Waterfront
- Boat Dock Slip, Boat Ramp Lift Access, Lake Front, Waterfront — Cedar Creek
- Levels
- One
- Stories
- 1
- Garage Spaces
- 2
- Attached Garage
- No
- Carport Spaces
- 2
- Covered Spaces
- 4
Schools
- Elementary
- Eustace (Eustace ISD)
- Middle
- Eustace (Eustace ISD)
- High
- Eustace (Eustace ISD)
HOA
- Fee
- $100 / Annually
- Fee Includes
- All Facilities, Association Management
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale Source: NTREIS #21247715 | $675,000 |
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201 N Oak Acres Dr N
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Todd Russell · KW-Cedar Creek Lake Properties
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Angie Linn · Linn Realty
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Debbie French · Ebby Halliday Realtors
6001 Melba Dr
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Debbie French · Ebby Halliday Realtors
Listed by Debbie French · Ebby Halliday Realtors
Source: NTREIS · MLS#: 21247715
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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