Joe Reed

609 N Martin Street

Malakoff, TX
$ 125,000 Beds 3 Baths 2 Sq 2,058 Virtual Tour
Monthly Estimate* How much can I afford?

Investor Special - Located within Malakoff city limits on a large lot backing to expansive cattle-grazed acreage, this property offers strong upside potential for a full renovation project. The home features a brand-new roof with warranty, an updated HVAC system, and an oversized 2-car garage—solid fundamentals that set the stage for a profitable remodel. The interior needs a complete renovation, making this an ideal opportunity for investors looking to add value through updates. With original hardwoods under the carpet, a large den with fireplace, and a spacious loft-style suite with private bath, the layout provides flexible options for redesign or reconfiguration. Outside, the deep backyard with mature trees offers room for future enhancements or outdoor living improvements. This property is priced for investors and ready for transformation. Submit your offer - don’t miss this chance to secure a high-potential project in a convenient Malakoff location.

Active

  • Price
  • $ 125,000
  • City
  • Malakoff
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENDERSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.516 Acres
  • Zip
  • 75148
  • Sqr Footage
  • 2,058
  • Year Built
  • 1956
  • Style
  • Traditional
  • MLS#
  • 21086349
Listed By: Ebby Halliday, REALTORS
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Central Air,Electric
Utilities City Sewer,City Water
Possession Negotiable
Roof Composition
Appliances Electric Range
Number of Garage Spaces 2
School District Malakoff ISD
Year Built 1956
Architectural Style Traditional
Levels One and One Half
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Woodland Acres
Transaction Type For Sale
Occupant Type Vacant
County Henderson
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions Hwy 31 W,Right on Hillcrest,Left on E Dewey,Right on N Martin,Home on Left
City Malakoff
Elementary School Name Malakoff
High School Malakoff
Elementary School Malakoff
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21086349
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Decorative Lighting
Flooring Carpet,Wood Under Carpet
Fireplace Features Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type Other
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Few Trees,Lrg. Backyard Grass
Parking Features Garage
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.5160
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 22476.9600
Lot Size Acres 0.5160
Patio And Porch Features Covered
Attached Garage Y/N Yes

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 Malakoff Elementary School
Middle School Unknown Middle School
High School

Price History

10/18/2025 Listed $215,000
8/17/2026 31% - $149,900
8/31/2026 17% - $125,000

Property vs Zip Code Average in 75148

Price
AVG $240K
$130K
Year Built
AVG 2002
1956
Visits
AVG 2
304
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

609 N Martin Street Malakoff, TX is a Single Family Home for sale at $125000 with 2058 sqft and a lot size of 0.516 Acres Acre(s). 609 N Martin Street Malakoff has 3 bedrooms, 2 baths and was built in 1956. 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.

Joe Reed

Joe Reed

REALTOR®

254-644-3686

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