- Henderson County
- Mabank TX
- 75156
- Local Area: Leisure Land
Property Overview
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
Featured spaces
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Property highlights
Year Built 1998
School District Mabank Isd
HOA $100 Annually
Parking 2-car garage, 2 covered
Fireplace 1 Fireplaces
Neighborhood Leisure Land
Full Property Details
Property Details
Quick Details
- Price $599,500
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,632 Sq Ft
- Lot Size 0.3 acres
- Lot Size Sq Ft 13,112
- Year Built 1998
- Price / Sq Ft $367 / Sq Ft
- MLS # 21240134
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Henderson
- Subdivision Leisure Land
- Days on Market 318
Home Details
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Foundation Slab
- Roof Composition
- Heating Central
- Cooling Central Air, Ceiling Fans
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
- Interior Features Other
- Laundry Features Washer Hookup, Dryer Hookup
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Lot Features Few Trees, Waterfront, Retaining Wall
- Exterior Features Boat Slip, Other
- Patio & Porch Features Rear Porch, Deck, Front Porch, Patio
- Fencing Wire
- Pool No
- Waterfront Features Waterfront
- View Features Water
Parking
- Parking Garage, Other
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $6,142
- HOA Fee $100 Annually
- HOA Includes Maintenance Grounds
- Parcel Number 33650012024050
- Legal Description LT 24 AB 486 I V MICHELLI SUR, LEISURE LAND,
- Tax Block 12
- Tax Lot 24
Utilities
- Utilities Other
Schools
- School District Mabank ISD
- Elementary Mabank — Mabank ISD
- Middle Mabank — Mabank ISD
- High Mabank — Mabank ISD
Listing Information
- Listing Agent Valerie Bahm
- Brokerage KW-Cedar Creek Lake Properties
- MLS Board NTREIS
- List Date 04/15/2026
- Source Updated 09/23/2026
- Last Updated 09/23/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 124 Peninsula Point Terrace
Henderson CAD (Pritchard & Abbott) records for 124 Peninsula Point Terrace, Mabank, TX 75156 show a CAD market value of $424,802 and a net appraised value of $424,802. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 124 Peninsula Point Terrace, Mabank, TX 75156, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $90,000 + Improvement Value $334,802 = CAD Market Value $424,802
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
LIVING AREA
Value: $213,020 Total Area: 1632 Sqft Living Area: 1632 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 1,632 Sqft |
PORCH/COV
Value: $1,044 Total Area: 8 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PORCH/COV | PO | 8 Sqft |
GARAGE/ATTACHED
Value: $54,821 Total Area: 420 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| GARAGE/ATTACHED | GA | 420 Sqft |
PORCH/SCREEN
Value: $34,459 Total Area: 264 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PORCH/SCREEN | PS | 264 Sqft |
WOOD DECK
Value: $31,327 Total Area: 240 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| WOOD DECK | WD | 240 Sqft |
PIER
Value: $131 Total Area: 1 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PIER | PR | 1 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
Local taxing jurisdictions reflect taxable value reductions below appraised value. The CAD source did not disclose specific exemption codes.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $424,802 − All Current CAD Reductions $0 = Current Taxed Starting Point $424,802
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Mabank ISD); reflects current CAD record, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: Henderson Co Fm-fc (-$3,000).
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$424,802 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #2 |
$424,802 | 0.0538 | $229 | — | $229 |
|
County
HENDERSON CO R&B |
$424,802 | 0.0172 | $73 | — | $73 |
|
County
HENDERSON COUNTY |
$424,802 | 0.2743 | $1,165 | — | $1,165 |
|
County
HENDERSON CO FM-FC |
$421,802 | 0.0400 | $170 | -$1 | $169 |
|
School District
MABANK ISD |
$284,802 | 0.9469 | $4,022 | -$1,326 | $2,697 |
|
Other Entity
TRINITY VALLEY COMM |
$424,802 | 0.1137 | $483 | — | $483 |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Emergency Services District (ESD): A special district providing emergency services and fire protection.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $6,142 − Est. Tax Reductions / Savings $1,327 = Est. Taxes (With Current Exemptions) $4,815
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,327. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $60,000 | $255,969 | $315,969 | $291,464 | +$50,129 / +18.86% |
| 2022 | $90,000 | $337,697 | $427,697 | $427,697 | +$111,728 / +35.36% |
| 2023 | $90,000 | $314,402 | $404,402 | $404,402 | -$23,295 / -5.45% |
| 2024 | $90,000 | $334,802 | $424,802 | $424,802 | +$20,400 / +5.04% |
| 2025 | $90,000 | $334,802 | $424,802 | $424,802 | — |
| 2026 | $90,000 | $334,802 | $424,802 | $424,802 | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $599,500 − Current CAD Market Value $424,802 = Over CAD Value +$174,698 (+41.1%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND LEISURE LAND
A curated look at local favorites, everyday stops, and lifestyle context near this property.