TX
Henderson
Malakoff
75148
203 N Oak Acres N Drive
203 N Oak Acres N Drive, Malakoff, TX 75148
Share Listing
Listing Type
Single Family
Listing Status
Active
36
$675,000

Home Details for 203 N Oak Acres N Drive

Price
$675,000
Type
Residential
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Square feet
1838
Year built
1987
Lot size acres
0.41
County
Henderson
Total rooms
2
Garage
2
Days on site
90
MLS Listing#
21247715
Hoa
100
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.

View Virtual Tour
Property Features
  • Parking
    • Carport
    • Concrete
    • Driveway
    • Garage
    • Boat
  • House Interior
    • Eat-in Kitchen
    • Granite Counters
    • Open Floorplan
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Waterfront and Water Access
    • Lake Front
  • Fire Place
    • Gas Log
School Information
School Information for 203 N Oak Acres N Drive, Malakoff, TX 75148
Elementary School
Eustace
Middle School
Eustace
High School
Eustace
Listing Courtesy: Ebby Halliday Realtors - 903-340-8590
Presented by: Debbie French
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-07-22 15:20:28
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
Request more details
Code: