Lakeside Terrace 2 Homes under $250,000

Welcome to Lakeside Terrace 2, a charming subdivision nestled in the heart of Altus, Oklahoma, located in picturesque Jackson County. This delightful community offers an exceptional blend of comfort, convenience, and natural beauty, making it the perfect place for families, retirees, and first-time homebuyers alike.

Lakeside Terrace 2 is renowned for its serene atmosphere, with tree-lined streets and beautifully landscaped yards that create a welcoming environment. Residents enjoy easy access to a variety of local amenities, including parks, shopping centers, and dining options, all just a short drive away. The proximity to Altus Lake provides endless opportunities for outdoor recreation, from fishing and boating to picnicking and hiking.

For those seeking affordable housing options, Lakeside Terrace 2 is an ideal choice. With homes priced under $250,000, this subdivision offers a range of charming properties that cater to various lifestyles and preferences. From cozy single-family homes to spacious layouts perfect for growing families, you'll find a variety of options that fit your budget without compromising on quality.

In addition to the attractive price points, Lakeside Terrace 2 boasts a strong sense of community. Neighbors come together for seasonal events and gatherings, fostering lasting friendships and a supportive environment. With its inviting charm and affordability, Lakeside Terrace 2 is more than just a place to live; it’s a place to call home. Come explore this vibrant community today and discover the perfect home waiting for you!

Newest Lakeside Terrace 2 Homes under $250,000

$149,900

4 Beds ⋅ 3 Baths ⋅ 1250491 MLS

INVESTOR SPECIAL ON LAKESIDE — AS-IS SALE WITH SERIOUS UPSIDE! Opportunities like this don't come along often in Altus. Sitting on Lakeside Drive with an in-ground pool and a backyard overlooking the lake, this home offers the bones, location, size, and upside investors look for — without paying finished-retail pricing. The property is being sold strictly AS-IS and is ready for the next owner to complete the transformation. A recent appraisal indicates an estimated AFTER-REPAIR VALUE (ARV) of approximately $310,000, giving an investor the opportunity to step into a substantial value-add project with the heavy lifting already identified. The home offers a large living space with a spacious existing floor plan, fireplace, attached garage, in-ground swimming pool, and a backyard setting overlooking the lake. The size and layout provide excellent potential for a modern renovation designed around today's buyer. LOCATION MATTERS. You're minutes from Altus Air Force Base, with convenient access to shopping, schools, restaurants, and the rest of Altus while still getting something that's difficult to reproduce — a pool and lake setting. This is NOT a turnkey retail home, and it isn't being priced or represented as one. Bring your contractor, bring your vision, and finish it your way. Whether you're looking for your next flip, a value-add investment, or a property you can renovate for yourself, 518 Lakeside gives you something you can't manufacture later: LOCATION, SIZE, SETTING, AND UPSIDE. Serious buyers only. Property is being sold AS-IS. Schedule your showing, walk the property, run your numbers, and make your offer.

518 Lakeside Drive, Altus

Courtesy of Ryan Dunning and MK Partners Inc. (405) 310-9321

$210,000

3 Beds ⋅ 2 Baths ⋅ 1248773 MLS

Elegant Mid-Century Modern Corner-Lot Home with Endless Potential This striking mid-century modern single-family home blends timeless architectural character with 3 bedrooms, 2 bathrooms, and 1,974 sq ft of inviting living space. Positioned on a premium corner lot, the property offers exceptional presence and room to grow, making it an ideal opportunity for buyers seeking style, space, and future potential. Inside, the home features two spacious living rooms, perfect for flexible use—entertaining, lounging, or creating a dedicated media or play space. All kitchen appliances, along with the washer and dryer, remain with the home, adding convenience and value. A fenced-in backyard provides privacy for outdoor enjoyment, while the attached 2-car carport offers sheltered parking with easy access to the home. This property delivers the charm of mid-century design with the freedom to customize, update, or expand to suit your vision.

401 Lakeside Drive, Altus

Courtesy of Haley Cole and Cole Properties. (580) 471-7651

$215,000

3 Beds ⋅ 3 Baths ⋅ 1247347 MLS

Move-In Ready: Charming 3BR/2.5BA Home in Lakeside Addition – Minutes from Altus AFB! Are you PCSing to Altus Air Force Base? I know that finding the right home is about more than just square footage—it’s about finding a soft place to land after a long move. Welcome to 113 Sumner Dr., a beautifully updated home nestled in the highly sought-after Lakeside Addition. Whether you are looking for your first home or a smooth transition for your family, this property checks every box. Why You’ll Love Living Here: Located right behind Hobby Lobby, you have unbeatable access to everyday essentials like Walmart, Ace Hardware, and Atwoods. If you love the outdoors, you’re only minutes away from the reservoir—the perfect spot for your morning walk or evening wind-down. This home has been thoughtfully maintained and is ready for move-in. Enjoy the comfort of a new 2026 HVAC system, foundation repairs completed in August 2026, and refreshed flooring. The smart, split floor plan gives you the privacy you need. You’ll find three bedrooms and 1.5 bathrooms on one side, while the main bedroom suite—complete with a generous walk-in closet—offers a private retreat on the other. Hosting friends or family? The backyard is built for it. Step out onto a large patio perfect for grilling, relax in the cozy built-in sunroom, or enjoy the privacy of your fully fenced backyard. We know financing can be a hurdle. This home is ready for VA, FHA, USDA, or Conventional financing, making your path to ownership as smooth as possible. I’m here to help you get home. As a Realtor with Re/Max Property Place and a designated Military Relocation Professional, I specialize in helping our service members and their families navigate the Altus real estate market. I understand your timeline, your priorities, and how to get you to the closing table. Ready to take a look? Let’s schedule your private tour today. Contact me, Emory Allen, and let’s find your perfect home base in Altus!

113 Sumner Drive, Altus

Courtesy of Emory Allen and REMAX Property Place. (580) 482-3000

$160,000

3 Beds ⋅ 2 Baths ⋅ 1241242 MLS

Welcome to this well-maintained 3-bedroom, 1.5-bath home offering comfortable living space in an established Altus neighborhood. Thoughtfully updated where it matters most, this property features a brand-new roof installed this year, a well-maintained central HVAC system with gas furnace, and a whole-house water softener paired with a reverse osmosis (RO) drinking water system for added everyday convenience. Inside, you'll find spacious living areas, warm cedar wood flooring in the kitchen, and a functional layout that's ideal for both daily living and entertaining. The kitchen offers ample cabinet and countertop space, while the bathrooms feature a combination of tile and wood flooring. The attached two-car garage provides plenty of storage and easy access to the home. Step outside to a backyard with an in-ground swimming pool, offering excellent potential to create your own outdoor retreat with a few updates. The home has also had a garbage disposal professionally installed, and the seller reports the plumbing, electrical, and foundation are all in good condition. Whether you're looking for extra space, major system updates, or the opportunity to add your personal touch outdoors, this property is ready for its next owner. Schedule your private showing today!

118 Sumner Drive, Altus

Courtesy of Tomas Barrientos and HomeSmart Stellar Realty. (918) 960-8492

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