This charming lake cottage offers a wonderful blend of outdoor living space and privacy.

$675,000


Address
203 N. Oak Acres Dr
Malakoff, Texas 75148

Property
Single Family Home
Built in 1987, 1,838 Sq ft, 2 Bedroom, 2 Bath, with 2 Car Garage,
MLS ID: 21247715

Contact
Debbie French
Ebby Halliday Cedar Creek Lake Office
903-340-7747

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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.

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Reviews

"We recently listed with your website and I am amazed at the number of inquiries we have already had. Thank you very much for helping us get our name out there." Jeff K.

"We've had a rental listing for 1 year and almost 100% of our rentals have come through your site." Susan G.

"We've had tons of emails and rentals pending from the site. Keep up the good work." Jim C

"We've received at least 10 emails already from your site so I wanted to say thank you!" Brandie S.

"Our lake house sold! Thanks for the opportunity to post our home on your web site." Brenda R.


Cedar Creek Lake Current Weather Alerts

There are no active watches, warnings or advisories.

 

Cedar Creek Lake Weather Forecast

Tuesday

Thunderstorms

Hi: 84

Tuesday Night

Thunderstorms Likely

Lo: 68

Wednesday

Chance Thunderstorms

Hi: 80

Wednesday Night

Rain Showers

Lo: 69

Thursday

Rain Showers

Hi: 78

Thursday Night

Rain Showers Likely

Lo: 68

Friday

Rain Showers Likely

Hi: 82

Friday Night

Chance Thunderstorms

Lo: 69


Cedar Creek Lake Water Level (last 30 days)


Water Level on 5/20: 318.40 (-3.60)