
$986,000
NAL Estimated Property Value14351 Melody Lane, Malakoff, TX, 75148
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Amazing single story, waterfront property for any size family on two lots, with over 125 feet of open view shoreline! The main house offers open concept with fabulous water views from the oversize kitchen and living areas, large master suite and bath with water views, guest bedroom with full bath, second guest room used as a study with murphy bed and fourth guest bedroom currently being used as a media room. Amazing 425 square foot detached guest casita has tons of space for both work and play! Wanting an investment rental property? Your family and guests will enjoy the water views and depth, plus the serenity of the large covered back porches, both on the main house and detached casita.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Malakoff
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