About 122 Lake Terrace Drive
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. 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.
Status Change History
| Date | Details | Status |
|---|---|---|
| Sep 1, 2026 | Status Changed from Pending to Closed | Closed |
| Aug 11, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Jul 30, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Jul 10, 2026 | Price Reduced from $949,000 to $899,000 | $899,000 |
| May 20, 2026 | Price Reduced from $999,000 to $949,000 | $949,000 |
Features of 122 Lake Terrace Drive
| MLS® # | 21226319 |
|---|---|
| Price | $899,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,867 |
| Acres | 0.31 |
| Year Built | 2007 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Closed |
Community Information
| Address | 122 Lake Terrace Drive |
|---|---|
| Subdivision | Carolynn Estates |
| City | Mabank |
| County | Henderson |
| State | Texas |
| Zip Code | 75156-7022 |
Amenities
| Utilities | Aerobic Septic, Electricity Connected, Private Water |
|---|---|
| Features | Boat Ramp, Club House, Fishing, Gated, Lake, Park |
| Garages | Circular Driveway, Concrete, Driveway, Storage |
| Is Waterfront | Yes |
| Waterfront | Dock – Covered, Lake Front, Retaining Wall – Steel |
| Has Pool | No |
Interior
| Interior Features | 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 |
|---|---|
| Appliances | Irrigation Equipment |
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Stone, Wood Burning |
Exterior
| Exterior Features | Boat Slip, Covered Deck, Dock, Rain Gutters |
|---|---|
| Lot Description | Landscaped, Level, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision, Water/Lake View, Waterfront |
| Roof | Composition, Shingle |
| Construction | Fiber Cement |
| Foundation | Pillar/Post/Pier |
School Information
| District | Malakoff ISD |
|---|---|
| Elementary | Malakoff |
| Middle | Malakoff |
| High | Malakoff |
Additional Information
| Date Listed | April 3rd, 2026 |
|---|---|
| Date Sold | August 25th, 2026 |
| Days on Market | 165 |
Listing Details
| Agent | Debbie French |
|---|---|
| Office | Ebby Halliday Realtors |
| Contact Info | 903-340-8590 |
