$249,000
- 2 Beds
- 2 Baths
- 1,100 Sq Ft
160 Peninsula Point Terrace, Mabank, TX 75156
Todd Russell KW-Cedar Creek Lake Properties
$249,000
160 Peninsula Point Terrace, Mabank, TX 75156
Todd Russell KW-Cedar Creek Lake Properties
Mabank, located on Cedar Creek Reservoir, offers a lakeside lifestyle within commuting distance of Dallas-Fort Worth. Known as the entrance to Cedar Creek Reservoir, the area is popular for boating, swimming and fishing, with many residents owning boats and utilizing private docks or public boat launches like Tom Finley Park. Away from the water, Mabank features a variety of home styles, including small cottages, ranch-style houses and larger single-story homes, with prices starting in the $100,000s. Waterfront properties range from modest single-story homes to luxury houses with amenities like pools and fire pits. The community hosts numerous events at Veterans Memorial Park and Andrew Gibbs Memorial Rodeo Arena, including the annual Mabank Jubilee and summer rodeos. Gun Barrel City Park offers trails, playgrounds, sports fields and July Fest celebrations. Mabank's local businesses on East Market Street include Jalisco’s Mexican Grill & Restaurant, Seven Arrows Boutique, while national retailers like Walmart and Lowe’s are also in town. The Mabank Independent School District serves local families with multiple campuses. U.S. Route 175 provides a direct route to Dallas-Fort Worth, approximately 60 miles away, making it a convenient location for commuters.
On average, homes in Mabank, TX sell after 93 days on the market compared to the national average of 55 days. The median sale price for homes in Mabank, TX over the last 12 months is $284,000, down 13% from the median home sale price over the previous 12 months.