$2,800,000

12001 State Highway 31 W Malakoff, TX 75148

3 beds
3 full, 1 partial
3,524 sqft
39.4 acres
$795 / sqft
House

Property details

About 12001 State Highway 31 W

Expansive East Texas Retreat & Event Venue Near Cedar Creek Lake Experience luxury, tranquility, and business opportunity on this stunning 39+ acre property in Malakoff, Texas. Just minutes from Cedar Creek Lake, this estate features spacious accommodations, natural beauty, and a fully operational event venue. The 3,524 sqft main home offers 3 bedrooms, 3.5 baths, a private guest suite, formal dining room, office space, and a sparkling pool—perfect for relaxation or entertaining. A scenic 2-acre pond adds to the peaceful charm, ideal for fishing or wildlife watching. This property is also home to Margot Hill, a well-established and fully functional wedding and event venue known for its elegance and serene setting. It offers a turnkey business opportunity with the option to acquire all associated intellectual property, including branding, marketing assets, and vendor relationships. In addition to the residence, three additional buildings provide approximately 5,300 sqft of versatile space—ideal for events, storage, or future expansion. The land features a mix of open fields and wooded areas, offering outdoor recreation, farming, or the simple pleasure of East Texas living. Perfect for families, entrepreneurs, or anyone seeking a retreat with built-in income potential, this property blends lifestyle and investment in one exceptional package. Don’t miss your chance to own this unique East Texas estate and thriving event venue. Schedule your private tour today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size3,524 sqft
Lot size39.36 Acres
Year built2007
ParkingAttached Carport, Circular Driveway, Concrete, Driveway, Electric Gate, Garage
MLS #20795738
Attached garage2 spaces
FireplaceLiving Room

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Gas Cooktop, Disposal
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Decorative/Designer Lighting Fixtures, Granite Counters, Kitchen Island, Wired for Sound
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Circular Driveway, Concrete, Driveway, Electric Gate, Garage
  • Architectural Style: Detached
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $2,800,000
  • Price/SqFt: $794
  • Annual Tax Amount: $10,218
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: From the intersection of Loop 7 and Hwy 31 in Athens, head west on Hwy 31. In about 4.4 miles, entrance to the property will be on the left.
  • Year Built: 2007
  • Living Area: 3,524 SqFt
  • Lot Size: 39.36 Acres
  • MLS Number: 20795738
  • MLS Name: NTR
  • Office Name: Drake Real Estate & Investment
  • Office Phone: (903) 581-3737
  • Listing Agent: Matthew Marshall

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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$2,800,000

12001 State Highway 31 W

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$787,630$10,218

History based on county public records data.

Nearby schools

7

Malakoff Elementary School

Public District PK-5

1.9 mi

310 N Terry St

4

Bel Air Elementary School

Public District PK-5

7.1 mi

215 Willowbrook Dr

3

Central Athens Elementary School

Public District PK-5

7.8 mi

307 Madole St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,175. Most Malakoff, TX residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

30%
<35k
50%
35k-100k
20%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
11%
Single, with Kids
35%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 12001 State Highway 31 W

The listing price of 12001 State Highway 31 W property is $2,800,000.

The property 12001 State Highway 31 W is a house located in Malakoff, Texas, 75148.

Active Listing: 12001 State Highway 31 W is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12001 State Highway 31 W are: Malakoff Elementary School (GreatSchools Rating 7/10), Bel Air Elementary School (GreatSchools Rating 4/10), Central Athens Elementary School (GreatSchools Rating 3/10), Malakoff Middle School (GreatSchools Rating 6/10), Athens Middle School (GreatSchools Rating 4/10), Cross Roads Jr High School (GreatSchools Rating 9/10), Malakoff High School (GreatSchools Rating 4/10), Trinidad School (GreatSchools Rating 5/10), Athens High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $10,218 (source: MLS/based on county public records data).

The property at 12001 State Highway 31 W has 3 bedrooms and 3 full and 1 half bathrooms.

The property 12001 State Highway 31 W is 3,524 SqFt (source: MLS/tax record).

The year of construction for 12001 State Highway 31 W is 2007.

This home is located at 12001 State Highway 31 W in Malakoff, TX and zip code 75148. This 3,524 square foot home, which was built in 2007, sits on a 39.36 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $2,800,000.

In April 2025 in Malakoff, TX there were 10.8% more homes for sale than in March. While the average time on the market in April 2025 was 115 days, the median list price was $427,000.

From Rocket Homes Real Estate and based on county public records data.

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