124 Peninsula Point Terrace Mabank, TX 75156
Estimated payment $3,821/month
Total Views
12,789
3
Beds
2
Baths
1,632
Sq Ft
$368
Price per Sq Ft
Highlights
- Lake Front
- Landscaped
- Lot Has A Rolling Slope
About This Home
Discover a remarkable opportunity at Cedar Creek Lake, nestled in a coveted location near Gun Barrel City and all essential amenities. This home boasts breathtaking waterfront views from almost every window, bathing the interior in abundant natural light. Situated on an expansive lot and a half, it features 54 feet of water frontage, providing ample space for entertaining. Positioned perfectly on a large cove just three houses from the point, this home enjoys protection from harsh waves, making it an ideal spot for kayaking, paddle boarding, and serene boating. The calm waters offer a safe and easy launch for your boat, with easy access to open water just around the corner. The perfect water position. This three-bedroom, two-bathroom residence spans over 1,600 square feet and presents a superb open-concept floor plan. The spacious living area, complete with a fireplace, seamlessly integrates with the dining room and kitchen, creating a fantastic space for entertaining and showcasing stunning views. The primary bedroom, positioned on the water side, is part of a split-bedroom layout that ensures privacy. Generously sized bedrooms, abundant storage, an enclosed screened-in back porch with picturesque lakeside views, a raised back deck, and a boathouse with a boat slip and electric lift enhance the property's allure. Additional features include a metal seawall, lake pump, two-car attached garage, and a laundry room. This waterfront gem is ideal as a full-time residence, a second home, or an income-generating VRBO with a proven rental history through Evolve.
Valerie ALC
Listed on: 07/18/2025
Listing Provided By
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,010
Lot Details
- Lake Front
- Fishing include bass, catfish, bluegill
- Landscaped
- Lot Has A Rolling Slope
- Current uses include residential single
- Potential uses include residential single
- Soil Types include Other
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Water Views
- Easements include electric, telephone, utilities, water lines
- Private Water Source
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,010 | $424,802 | $90,000 | $334,802 |
| 2023 | $4,799 | $404,402 | $90,000 | $314,402 |
| 2022 | $6,647 | $427,700 | $90,000 | $337,700 |
| 2021 | $5,277 | $315,970 | $60,000 | $255,970 |
| 2020 | $5,161 | $265,840 | $60,000 | $205,840 |
| 2019 | $5,326 | $265,840 | $60,000 | $205,840 |
| 2018 | $4,437 | $220,570 | $60,000 | $160,570 |
| 2017 | $4,367 | $217,420 | $60,000 | $157,420 |
| 2016 | $4,367 | $217,420 | $60,000 | $157,420 |
| 2015 | $4,348 | $217,420 | $60,000 | $157,420 |
| 2014 | $4,330 | $217,420 | $60,000 | $157,420 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Price Changed | $599,999 | -2.4% | $368 / Sq Ft |
| 02/04/2025 02/04/25 | For Sale | $614,500 | +11.9% | $377 / Sq Ft |
| 08/10/2021 08/10/21 | Sold | -- | -- | -- |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- |
| 06/25/2021 06/25/21 | For Sale | $549,000 | +86.1% | $336 / Sq Ft |
| 08/02/2018 08/02/18 | Sold | -- | -- | -- |
| 07/05/2018 07/05/18 | Pending | -- | -- | -- |
| 10/02/2017 10/02/17 | For Sale | $295,000 | -- | $181 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Colonial Title Company | |
| Vendors Lien | -- | Colonial Title Co | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | East Texas Title Company | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $494,000 | New Conventional | |
| Closed | $494,000 | New Conventional | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $215,200 | New Conventional | |
| Previous Owner | $143,500 | New Conventional |
Source: Public Records
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