122 Lake Terrace Drive
Mabank, TX, 75156
$999,000
7 Beds
4 Baths
2,867 SqFt
0.31 Acres
MLS #21226319 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$999,000
MLS #:
21226319
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Carolynn Estates
Listed Date:
Apr 3, 2026
Finished Sq Ft:
2,867
Lot Size:
13,285 sqft / 0.31 acres (approx)
Year Built:
2007
WaterfrontCarolynn EstatesMalakoff IsdMalakoffMalakoffMalakoffCedar Creek

Schools

School District:
Malakoff ISD
Elementary School:
Malakoff
Middle School:
Malakoff
High School:
Malakoff

Interior

Bathrooms Full
4
Cooling
Central Air, Electric
Fireplace Features
Stone, Wood Burning
Fireplaces Total
1
Flooring
Carpet, Luxury Vinyl Plank, Tile
Heating
Central, Electric
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
Number Of Living Areas
3

Exterior

Community Features
Boat Ramp, Club House, Fishing, Gated, Lake, Park
Construction Materials
Fiber Cement
Exterior Features
Boat Slip, Covered Deck, Dock, Rain Gutters
Fencing
Back Yard, Chain Link, Fenced
Lot Size Area
0.3050
Lot Size Dimensions
80x187x94x168
Waterfront Features
Dock – Covered, Lake Front, Retaining Wall – Steel

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Mabank

Market Summary

Current real estate data for Single Family in Mabank as of Apr 13, 2026
272
Single Family Listed
94
Avg DOM
243
Avg $ / SqFt
$607,125
Avg List Price

Property Summary

    Located in the Carolynn Estates subdivision, 122 Lake Terrace Drive Mabank TX is a Single Family for sale in Mabank, TX, 75156. It is listed for $999,000 and features 7 beds, 4 baths, and has approximately 2,867 square feet of living space, and was originally constructed in 2007. The current price per square foot is $348. The average price per square foot for Single Family listings in Mabank is $243. The average listing price for Single Family in Mabank is $607,125. To schedule a showing of MLS#21226319 at 122 Lake Terrace Drive in Mabank, TX, contact your Aaron Layman Properties agent at 940-209-2100.
122 Lake Terrace Drive
Mabank, TX