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122 Lake Terrace Drive

Mabank, TX 75156

Listing courtesy of Debbie French, Ebby Halliday Realtors

$949,000
Active
Beds
7
Baths
4
Sqft
2,867
Year Built
2007

About this home

Timeless lakehouse-style home with a versatile guest house, located in a gated community offering a boat launch, park, and clubhouse. The main home features 1,715 sq ft with 4 bedrooms and 2 baths, complemented by a 1,152 sq ft guest house with 2 additional full baths and flexible living and sleeping spaces—ideal for hosting family and friends. Inside, dramatic walls of windows rise to a vaulted pine ceiling, filling the home with natural light. Recent updates include durable luxury vinyl plank flooring and a built-in bar with wine refrigerator. The stone wood-burning fireplace and kitchen with granite countertops add warmth and character, creating a comfortable, inviting atmosphere. The two-story guest house expands your options, with a spacious downstairs room featuring a full bath, wet bar, and wood-look tile flooring—perfect as a game room, bunk space, or additional living area or combination of all 3. Upstairs offers another full bath, living or sleeping space, plus two additional bedrooms. Outdoors, a generous covered deck with wood ceiling overlooks a lovely, treed yard with peaceful cove views. A detached 280 sq ft shed garage provides ample storage for water toys and lawn equipment, while the circle drive allows for plenty of parking. The fully fenced backyard is ideal for pets and kids. A boathouse and lake fed sprinkler system complete the package—everything you need for the perfect lake getaway. The cedar-look Hardie Board siding delivers classic lakehouse charm with low-maintenance durability. New roof and gutters installed in 2025. Furnishings are included for a turnkey opportunity. Conveniently located just around the corner from Pinnacle Golf Club, where social and golf memberships are available, along with a pay-to-play option. Starlink internet available.

Schools

Elementary
Malakoff
Middle
Malakoff
High
Malakoff

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21226319
Property Type
Residential
Status
Active
County
Henderson
Subdivision
Carolynn Estates
Lot Size
13,285.8 sqft
HOA Dues
$400/yr
Annual Taxes
$11,668
Days on Market
81 days
Listed
Apr 3, 2026
Price per Sqft
$331

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$6,333/mo
Principal & interest
$5,051
Property taxes
$972
Homeowner's insurance (est.)
$277
HOA dues
$33

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively 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. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Apr 3, 2026