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122 Lake Terrace Drive , Mabank, TX 75156

$999,000
  • 122 Lake Terrace Drive , Mabank, TX 75156 Main Photo

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New to the Market Active
BEDS7 BATHS4 full SQUARE FEET2,867 MLS#21226319
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCarolynn Estates SCHOOLMalakoff ISD

Property Description

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.

122 Lake Terrace Drive | MLS# 21226319

This single family home located at 122 Lake Terrace Drive , Mabank, TX 75156 is currently listed for sale with an asking price of $999,000. This property was built in 2007 and has 7 bedrooms and 4 full baths with 2867 sq. ft. Lake Terrace Drive is located in the Carolynn Estates subdivision within the Malakoff ISD school district. Search Carolynn Estates real estate on www.kellylandandranch.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric
Fireplaces: 1
Heating: Central, Electric
Lot Size: 0.30 Acres
Roof Type: Composition, Shingle
Year Built: 2007

Amenities

Built-in Wine Cooler
Eat-in Kitchen
Flat Screen Wiring
Granite Counters
High Speed Internet Available
Natural Woodwork
Open Floorplan
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Wet Bar
Boat Slip
Covered Deck
Dock
Rain Gutters

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Body of Water: Cedar Creek
Community Features: Boat Ramp, Club House, Fishing, Gated, Lake, Park
Exterior: Fiber Cement
Fencing: Back Yard, Chain Link, Fenced
Fireplace: Stone, Wood Burning
Flooring: Carpet, Luxury Vinyl Plank, Tile
HOA Fee: 400/ Annually
Laundry: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Lot: Landscaped, Level, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision, Water/Lake View, Waterfront
Lot Dimensions: 80x187x94x168
Other Equipment: Irrigation Equipment
Parcel#: 22850000297060
Parking: Circular Driveway, Concrete, Driveway, Storage
Parking Notes: Circular Driveway, Concrete, Driveway, Storage
Patio/Porch: Deck, Front Porch, Rear Porch
Utilities: Aerobic Septic, Electricity Connected, Private Water
Water Features: Dock – Covered, Lake Front, Retaining Wall – Steel
Window: Window Coverings

Local Schools

Elementary School: Malakoff
School District: Malakoff ISD

Listed By / Shown By

Listed By

Agency Name: Ebby Halliday Realtors
Agency Contact: 903-340-8590
Agent Name: Debbie French

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 2,514.72 per month $2,223.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.38 Homeowner's Insurance

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