Joanna Ruesch

203 N Oak Acres Drive N

Malakoff, TX
$ 675,000 Beds 2 Baths 2 Sq 1,838 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 675,000
  • City
  • Malakoff
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENDERSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.41 Acres
  • Zip
  • 75148
  • Sqr Footage
  • 1,838
  • Year Built
  • 1987
  • Taxes
  • $ 8589
  • Style
  • Ranch,Traditional
  • MLS#
  • 21247715
Listed By: Ebby Halliday Realtors
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Central Air,Electric
Utilities Co-op Water,Septic
Possession Negotiable
Roof Composition,Metal
Appliances Dishwasher,Disposal,Dryer,Electric Cooktop,Convection Oven,Washer
Assoc Fees 100
Number of Garage Spaces 2
School District Eustace ISD
HOA Fee Includes Full Use of Facilities,Management Fees
Year Built 1987
Architectural Style Ranch,Traditional
Levels One
Unexempt Taxes 8589
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Oaks Acres
Transaction Type For Sale
Carport Spaces 2
County Henderson
Property Type Residential
Construction Materials Brick,Frame,Stone Veneer,Vinyl Siding
Association Fee Frequency Annually
Year Built Details Preowned
HOA Type Mandatory
Special Notes Aerial Photo,Deed Restrictions
Full Baths 2
Status Active
Directions Use GPS
City Malakoff
High School Eustace
Elementary School Eustace
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21247715
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional

Interior Features

Interior Features Eat-in Kitchen,Granite Counters,Open Floorplan
Flooring Luxury Vinyl Plank,Tile
Fireplace Features Gas Logs
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type Combo
Total Bedrooms 2
Total Baths 2
Laundry Features Stacked W/D Area

Exterior Features

Waterfront Yes
Exterior Features Boat Slip,Covered Deck,Dock,Fire Pit
Lot Features Landscaped,Many Trees,Sprinkler System,Water/Lake View,Waterfront
Fencing Back Yard,Chain Link,Fenced,Front Yard,Full,Gate
Soil Type Unknown
Parking Features Carport,Concrete,Driveway,Garage,Garage Single Door
WaterFront Features Dock – Covered,Lake Front,Personal Watercraft Lift,Retaining Wall – Steel
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 4
Foundation Pillar/Post/Pier
Lot Size Area 0.4100
Lot Size Units Acres
Structural Style Lake House,Resort Property,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 17859.6000
Lot Size Acres 0.4100
Patio And Porch Features Covered,Deck,Rear Porch,Wrap Around

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Eustace Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/30/2026 Listed $675,000

Property vs Zip Code Average in 75148

Price
AVG $1.17M
$680K
Taxes
AVG $10,051
$8,589
Year Built
AVG 2002
1987
Visits
AVG 234
386
Data Provided by Inside Real Estate®

Areas That We Cover

203 N Oak Acres Drive N Malakoff, TX is a Single Family Home for sale at $675000 with 1838 sqft and a lot size of 0.41 Acres Acre(s). 203 N Oak Acres Drive N Malakoff has 2 bedrooms, 2 baths and was built in 1987. The property's zip code is 75148 which is in Malakoff, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joanna Ruesch

Joanna Ruesch

830-515-6166

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