




$1,950,000
6033 Gowan Drive, Malakoff, TX, 75148
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About this property
Prime 10-Acre Waterfront Development Opportunity on Cedar Creek Lake. Attention investors and developers: a premier waterfront commercial opportunity awaits. This exceptional 10-acre hilltop property boasts commanding, elevated views of Cedar Creek Lake and comes fully equipped with two houses, a cabin, and a private boat ramp. Covered in beautiful oak trees, the rolling topography is uniquely suited for high-yield income generation. The flexible acreage is an ideal canvas for a luxury RV park, a trendy tiny-home village, or a premium vacation rental resort. Capitalize on the booming lakefront market with a versatile property that offers an easy transition into a lucrative investment.
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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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