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For sale
    • $675,000

    203 Oak Acres Dr N, Malakoff, TX 75148

    2beds
    1,838sqft
    : 
    $4,596/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.41 Acres Lot
    $636,500 Zestimate®
    $367/sqft
    $8/mo HOA

    What's special

    Pwc liftTwo pull-out queen sleepersBright enclosed sunroomLake pump sprinkler systemPontoon cradleWaterside stone fire pitLakefront home
    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.
    112 days
    |
    191
    |
    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie French 0529891 903-340-8590,

    Ebby Halliday Realtors 903-340-8590

    Source: NTREIS,MLS#: 21247715

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Features: Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Convection Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Washer
      • Laundry: Stacked
      Features
      • Eat-in Kitchen, Granite Counters, Open Floorplan
      • Flooring: Luxury Vinyl Plank, Tile
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total interior livable area: 1,838 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, Carport, Door-Single, Driveway, Garage
      • Garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Wrap Around, Covered, Deck
      • Exterior features: Boat Slip, Deck, Dock, Fire Pit
      • Pool features: None
      • Fencing: Back Yard,Chain Link,Fenced,Full,Front Yard,Gate
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront
      • Body of water: Cedar Creek
      Lot
      • Size: 0.41 Acres
      • Features: Landscaped, Many Trees, Sprinkler System, Waterfront, Retaining Wall
      Details
      • Parcel number: 36500000028030

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame, Stone Veneer, Vinyl Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Composition,Metal
      Condition
      • Year built: 1987

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop
      • Utilities for property: Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Oaks Acres
      HOA
      • Has HOA: Yes
      • Services included: All Facilities, Association Management
      • HOA fee: $100 annually
      • HOA name: Oak Acres Property Owners Association
      • HOA phone: 000-000-0000
      Location
      • Region: Malakoff

      Financial & listing details

      • Price per square foot: $367/sqft
      • Tax assessed value: $638,098
      • Annual tax amount: $8,589
      • Date on market: 4/30/2026
      • Cumulative days on market: 114 days
      • Listing terms: Cash,Conventional,1031 Exchange

        Estimated market value

        $636,500

        $605,000 - $668,000

        $2,083/mo

        Price history

        DateEventPrice
        4/30/2026Listed for sale$675,000+350%$367/sqft
        Source: NTREIS #21247715 Report a problem
        12/31/2023Listing removed--
        Source: GTARMLS #23007047 Report a problem
        12/15/2023Price change$150,000-10.7%$82/sqft
        Source: GTARMLS #23007047 Report a problem
        11/15/2023Price change$168,000-4%$91/sqft
        Source: GTARMLS #23007047 Report a problem
        9/12/2023Price change$174,990-2.2%$95/sqft
        Source: GTARMLS #23007047 Report a problem
        9/2/2023Price change$179,000-0.6%$97/sqft
        Source: GTARMLS #23007047 Report a problem
        8/2/2023Price change$180,000-7.7%$98/sqft
        Source: GTARMLS #23007047 Report a problem
        7/24/2023Price change$195,000-2.5%$106/sqft
        Source: GTARMLS #23007047 Report a problem
        7/11/2023Price change$200,000-13%$109/sqft
        Source: GTARMLS #23007047 Report a problem
        7/1/2023Price change$230,000-6.1%$125/sqft
        Source: GTARMLS #23007047 Report a problem
        6/15/2023Price change$244,900-2%$133/sqft
        Source: GTARMLS #23007047 Report a problem
        6/1/2023Listed for sale$250,000-64%$136/sqft
        Source: GTARMLS #23007047 Report a problem
        5/10/2022Sold--
        Source: NTREIS #20004201 Report a problem
        4/16/2022Pending sale$695,000$378/sqft
        Source: NTREIS #20004201 Report a problem
        4/11/2022Listed for sale$695,000$378/sqft
        Source: NTREIS #20004201 Report a problem
        4/5/2022Pending sale$695,000$378/sqft
        Source: Henderson County BOR #97160 Report a problem
        4/5/2022Contingent$695,000$378/sqft
        Source: NTREIS #20004201 Report a problem
        3/23/2022Price change$695,000-10.3%$378/sqft
        Source: NTREIS #20004201 Report a problem
        3/7/2022Listed for sale$775,000$422/sqft
        Source: Henderson County BOR #97160 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,589 -2.6%$638,098 +0.2%
        2024$8,819 -1.1%$636,887 +3.2%
        2023$8,921 +371.2%$617,046 +31.9%
        2022$1,893 -3.7%$467,750
        2021$1,966 +1.7%--
        2020$1,933 -0.9%--
        2019$1,950 +1.7%$169,540 +6.6%
        2018$1,917 +0.7%$159,070 +1.3%
        2017$1,904 -0.6%$157,080
        2016$1,916 +0.9%$157,080
        2015$1,899 -2.5%$157,080 +3.3%
        2014$1,947 $152,080
        2013-- $152,080
        2012-- $152,080
        2011-- $152,080 +0.9%
        2010-- $150,670
        2009-- $150,670 +0.8%
        2008-- $149,490 +0.1%
        2007-- $149,290
        2006-- $149,290 +10.4%
        2005-- $135,190
        2004-- $135,190
        2003-- $135,190 +51.6%
        2002-- $89,180 +4.4%
        2001-- $85,410
        2000-- --
        1999-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 75148

        Getting around

        0 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eustace
        • Middle: Eustace
        • High: Eustace
        • District: Eustace ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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