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$629,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.301 Acres
  • 2 Car Garage
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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 Located within the desirable Mabank ISD, this property presents an unparalleled chance to secure your dream lake home. Don't miss out on this extraordinary opportunity! Lots of recent updates and a great open back patio with amazing views. SELLER WILL LEAVE ALL FURNISHINGS with an acceptable offer. That way, you are all ready for VRBO or furnished, so you can just enjoy!

Full Property Details for 124 Peninsula Point Terrace

General

  • Price: $629,000
  • HOA FEE: $8/month
  • HOA FEE FREQ.: Annually
  • Taxes: $5,749
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21089697
  • Updated: 11/24/2025
  • Added to Site: 88 day(s) ago

Interior

  • Interior Features: Other
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Boat Slip, Other

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Other

Location

  • County: Henderson
  • Subdivision: Leisure Land
  • Driving Directions: 198 S to Leisureland Rd, then turn (R) Continue on Peninsula Point Terrace. Home on right.

School Information

  • Elem School District: Mabank ISD
  • Midd School District: Mabank ISD
  • High School District: Mabank ISD
  • Elementary School: Central
  • High School: Mabank

Community

  • Association: Yes
  • Assoc. Name: Leisure Land POA
  • Assoc. Fees Include: Association Management

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Community/Coop
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Property Detached: Yes
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Composition
  • Stories/Levels: 1
  • Living Area: 1,632 Sq. Ft.
  • Year Built: 1998

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.301
  • Lot Size (Sq. Ft.): 13,111.56
  • Lot Features: Few Trees, Waterfront, Retaining Wall
  • Fencing (Description): Wire

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Cedar Creek
  • Water Front Desc.: Waterfront

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Association Fee: $100
  • Assoc Fee Freq.: Annually
  • Tax Amount: $5,749
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Legal Description: LOT: LT 24 AB 486 I V MICHELLI SUR LEISURE LA
  • Property ID: 33650012024050
  • Block: 12
  • Lot Number: 24

Listed by KW-Cedar Creek Lake Properties, Valerie Bahm

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Listing agent

— 124 Peninsula Point Terrace —

  • Valerie Bahm

    KW-Cedar Creek Lake Properties

903-910-3400

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 Peninsula Point Terrace

School District:Mabank Independent School District
NameGradesDistance
Mabank High School
18786 E Hwy 175, Mabank, TX 75147
9-126.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Peninsula Point Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$629,000
-4.55%
MLS
10/20/2025
Listed
$659,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 Peninsula Point Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,986
-59%
$424,802
—
2023
$4,798
—
$424,802
5%
2023
$4,798
-28%
$404,402
-5%
2022
$6,647
39%
$427,700
35%
2021
$4,781
6%
$315,970
19%
2020
$4,517
-7%
$265,840
—
2019
$4,836
9%
$265,840
21%
2018
$4,437
1%
$220,570
1%
2017
$4,373
—
$217,420
—
2016
$4,367
—
$217,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 124 Peninsula Point Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by KW-Cedar Creek Lake Properties, Valerie Bahm

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124 Peninsula Point Terrace, Mabank, TX 75156 (MLS# 21089697) is a Single Family property with 3 bedrooms and 2 full bathrooms. 124 Peninsula Point Terrace is currently listed for $629,000 and was received on October 20, 2025. Want to learn more about 124 Peninsula Point Terrace? Do you have questions about finding other Single Family real estate for sale in Mabank? You can browse all Mabank real estate or contact a Coldwell Banker agent to request more information.

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