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$1,750,000

229 N Beverly Drive, Malakoff, TX, 75148

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,374 Sq Ft
price_per_sqft$518.67 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock, Fire Pit, Rain Gutters

Building Information

Garage Spaces2

About this property

Hill Country-inspired waterfront home just off open water offering expansive lake views from a protected waterfront setting in one of Cedar Creek Lake's most desirable neighborhoods. Enjoy evenings by the pool and spa accented by fire features, added in 2022, with generous composite deck space and an elevated covered patio spanning the waterside of the home and designed for outdoor living. Meticulously maintained with recent improvements including a Class 3 impact-resistant roof (2025), new windows (2024), new water heaters (2025), and epoxy garage flooring. Mature oak trees and extensive landscaping complement the home's stone and wood exterior, enhancing its lakehouse charm on a spacious .38-acre lot. At the water's edge, the boathouse includes a covered sitting area, boat cradle lift, dual personal watercraft cradle lifts, decorative below-deck LED lighting, and a waterside stone firepit—the perfect place to unwind after a day on the water. Walls of windows fill the open-concept living, kitchen, and dining areas with natural light while showcasing the water views. Interior features include hand-scraped wood floors, exposed wood beams, and soaring ceilings. The cook's kitchen offers a gas cooktop, stainless steel appliances, island with bar seating, built-in ice machine, and pantry. The main level includes a waterside primary suite with patio access, lake views, dual vanities, walk-in shower, and walk-in closet, along with a secondary bedroom and full bath. Upstairs offers a second living area with built in bar with beverage fridges and walks out to a balcony with open-water views, three additional bedrooms, plus an additional built-in bunk room. Seller is offering the property furnished, providing a convenient opportunity to begin enjoying lake life right away. A long driveway provides ample parking for family and guests. Conveniently located near The Dock, The Whistlestop, and Historic Downtown Malakoff with coffee shops, boutiques, and more.

Investor Tools

$0Estimated Mortgage Balance
$1,750,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

Interested in this property?

Debbie French

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Malakoff

229 N Beverly Drive | Property Details | No Agent List