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Property view

122 Lake Terrace Drive, 
Mabank, TX 75156

$899,000

Last List Price

7

Beds


4

Baths


2,867

Sq Ft


Single Family

Sold

Listed by

Debbie French

Bought with NON MLS

Ebby Halliday Realtors

MLS#

21226319

Source:

GDAR

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About This Home

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.

Home Facts

Single Family

4 Baths

7 Bedrooms

Built in 2007

Subdivision & Development:

Carolynn Estates

Price Summary

899,000

$313 per Sq. Ft.

MLS #:

21226319

Sold:

August 25, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,867 Sq. Ft.


Structure

Structure

Building Area:

2,867 Sq. Ft.

Year Built:

2007


Lot

Lot Size (Sq. Ft):

13,285


Finances & Disclosures

Finances

Price:

$899,000

Price per Sq. Ft:

$313 per Sq. Ft.

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 5, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.