$899,000
SOLD AUG 25, 2026
Last list price

122 Lake Terrace Dr Mabank, TX 75156

Mabank Area
7 Beds
4 Baths
2,867 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 25, 2026

$314 Per Sq Ft

118 Days on Market

Highlights

  • Lake Front
  • Community Boat Facilities
  • Fishing
  • Docks
  • Boat Slip
  • Gated Community

About This Home

As of August 2026

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.

Last Agent to Sell the Property

Debbie French

Ebby Halliday Realtors Brokerage Phone: 903-340-8590 License #0529891 Listed on: 04/03/2026

Ebby Halliday Realtors

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,668

Year Built

  • Built in 2007

Lot Details

  • 13,286 Sq Ft Lot
  • Lot Dimensions are 80x187x94x168
  • Lake Front
  • Chain Link Fence
  • Stone Retaining Walls
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Many Trees
  • Lawn
  • Back Yard

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,867 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Boat Slip
  • Docks
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Malakoff Elementary And Middle School
  • Malakoff High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 22850000297060

Community Details

Overview

  • Association fees include all facilities
  • Carolynn Estates Property Owners Assocation Association
  • Carolynn Estates Subdivision
  • Community Lake

Recreation

  • Community Boat Facilities
  • Fishing
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,668

Year Built

Built in 2007

Lot Details

0.31 Acres

HOA Fees

$33 per month

Listing Details

  • OWNERNAME: SCARBOROUGH
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Security: Gated Community, Smoke Detector(s)
  • Year Built Details: Preowned
  • Water Body Name: Cedar Creek
  • Attribution Contact: 903-340-8590
  • Co List Office Mls Id: EBBY76
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48213:22850000297060
  • Special Features: VirtualTour
  • Year Built: 2007

Interior Features

  • Square Footage: 2867.0
  • Windows: Window Coverings
  • Fireplace Features: Stone, Wood Burning
  • Interior Amenities: Wet Bar, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler
  • Basement YN: No
  • Fireplaces: 1
  • Other Equipment: Irrigation Equipment

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Boat Facilities, Clubhouse, Fishing, Lake, Park, Gated
  • Fencing: Back Yard, Chain Link, Fenced
  • Roof: Composition, Shingle
  • Construction Materials: Fiber Cement
  • Exterior Features: Boat Slip, Deck, Dock, Rain Gutters
  • Pool Features: None
  • Waterfront: Yes
  • Patio And Porch Features: Rear Porch, Front Porch, Covered, Deck

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Circular Driveway, Concrete, Driveway, Storage
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Aerobic Septic
  • Heating: Central, Electric
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Electricity Connected, Septic Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Carolynn Estates Property Owners Assocation

Schools

  • Elementary School: Malakoff
  • High School: Malakoff
  • Junior High Dist: Malakoff ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Back Yard, Lawn, Landscaped, Level, Many Trees, Subdivision, Sprinkler System, Waterfront, Retaining Wall
  • Lot Size Units: Acres
  • Lot Size Area: 0.305
  • Lot Size: 80x187x94x168
  • Parcel Number: 22850000297060
  • Lot Size Acres: 0.305
  • Lot Size Sq Ft: 13285.8

Building Info

  • Year Built: 2007

Tax Info

  • Tax Lot: 297
  • Tax Annual Amount: 11668.0

Multi Family

  • WaterfrontFeatures: Boat Dock/Slip, Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Malakoff

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2009
Sold by
Reeves George W P
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Palmer Leslie A and Palmer Junell
Bought by
Reeves George W P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,875
Interest Rate
6.2%
Mortgage Type
Stand Alone Second
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mabank, TX

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- None Available
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $71,920 New Conventional
Open $232,500 New Conventional
Closed $240,000 Purchase Money Mortgage
Previous Owner $280,000 Credit Line Revolving
Previous Owner $232,500 Credit Line Revolving
Previous Owner $39,875 Stand Alone Second
Previous Owner $119,625 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2026 08/25/26 Sold -- -- --
07/30/2026 07/30/26 Pending -- -- --
07/10/2026 07/10/26 Price Changed $899,000 -5.3% $314 / Sq Ft
05/20/2026 05/20/26 Price Changed $949,000 -5.0% $331 / Sq Ft
04/03/2026 04/03/26 For Sale $999,000 -- $348 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,668 $824,088 $193,500 $630,588
2024 $10,667 $770,361 $193,500 $576,861
2023 $10,210 $720,589 $193,500 $527,089
2022 $35,073 $900,790 $193,500 $707,290
2021 $10,803 $624,350 $103,200 $521,150
2020 $10,342 $575,680 $103,200 $472,480
2019 $9,173 $498,940 $103,200 $395,740
2018 $8,140 $441,540 $103,200 $338,340
2017 $8,018 $434,910 $103,200 $331,710
2016 $8,018 $434,910 $103,200 $331,710
2015 $7,892 $434,910 $103,200 $331,710
2014 $7,792 $434,910 $103,200 $331,710
Source: Public Records

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21226319

North Texas Real Estate Information Systems (NTREIS)

APN: 2285-0000-2970-60

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