122 Lake Terrace Drive, Mabank, Texas

$899,000

Previous Next

7

Beds

4

Baths

2,867

Square feet

0.31

Acres

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

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

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

AgentDebbie French
OfficeEbby Halliday Realtors
Contact Info903-340-8590

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?