122 Lake Terrace Drive
Mabank, TX 75156
$999,000
2,867 sqft
7 beds
4 baths
Description
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.
Exterior Features
- Detached
- CircularDriveway
- Concrete
- Driveway
- Storage
- BackYard
- Lawn
- Landscaped
- Level
- ManyTrees
- Subdivision
- SprinklerSystem
- Waterfront
- RetainingWall
- Composition
- Shingle
- BoatSlip
- Deck
- Dock
- RainGutters
- FiberCement
- None
- PillarPostPier
- BackYard
- ChainLink
- Fenced
Additional Property Details
- WetBar
- EatInKitchen
- GraniteCounters
- HighSpeedInternet
- OpenFloorplan
- Pantry
- VaultedCeilings
- NaturalWoodwork
- WalkInClosets
- WiredForSound
- GatedCommunity
- SmokeDetectors
- BoatFacilities
- Clubhouse
- Fishing
- Lake
- Park
- Gated
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Malakoff Elementary School | PK - 4 | Regular |
| Malakoff High School | 9 - 12 | Regular |
| Malakoff Jr High School | 7 - 8 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.