Waterfront opportunity on approximately half an acre with 150 feet of shoreline and 112 feet of road frontage, ideally positioned in a recently dredged cove with quick access to open water. Surrounded by upscale designer homes and newly constructed million-dollar properties, this location offers both privacy and long-term upside with convenient access to major highways.
The main residence is a 2011 manufactured home offering approximately 945 square feet with three bedrooms and two and a half baths. The home is fully covered with a detached tin roof and features upper and lower skirting with tie-downs. Recent updates include new HVAC and hot water heater, along with interior renovations such as flooring, paint, and fixtures. Enjoy outdoor living with approximately 40 feet of covered decking complete with an outdoor sink, cabinets, and an enclosed TV area.
The property also includes a separate approximately 600 square foot guest house or private suite featuring one bedroom, one bath, tile flooring, a full kitchen with stainless steel appliances, and a full-size laundry room—ideal for guests, extended family, or additional flexibility.
Additional improvements include a workshop with electricity and a dedicated dog run, adding both functionality and convenience. Located in the Malakoff ISD, this waterfront property offers a rare combination of lake access, multiple living spaces, and an exceptional setting. Can also be sold as lot value only with buildings removed. Contact Listing Agent for more information.
For sale
$650,000
128 Meandering Way, Mabank, TX 75156
3beds
945sqft
Est.:
Single Family Residence
Built in 2011
0.49 Acres Lot
$-- Zestimate®
$688/sqft
$-- HOA
What's special
Dedicated dog run
- 1 day |
- 78 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: 23 hours ago
Listed by:
Dana Reamy 0612827 972-824-4050,
Keller Williams Realty 972-938-2222
Source: NTREIS,MLS#: 21137452
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet Cabinetry, Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range
- Laundry: In Hall
Features
- Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Multiple Master Suites, Open Floorplan, Paneling/Wainscoting, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 945 sqft
Video & virtual tour
Property
Parking
- Parking features: Circular Driveway, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Pool features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Waterfront
- Body of water: Cedar Creek
Lot
- Size: 0.49 Acres
- Features: Back Yard, Interior Lot, Lawn, Subdivision, Sloped, Waterfront
Details
- Additional structures: Guest House, Outbuilding, Workshop
- Parcel number: 28850000015060
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Other
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Septic Available
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Green Acres Sub
HOA
- Has HOA: No
Location
- Region: Mabank
Financial & listing details
- Price per square foot: $688/sqft
- Tax assessed value: $2,250
- Annual tax amount: $4,798
- Date on market: 12/23/2025
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,398/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Listed for sale | $650,000+584.2%$688/sqft |
Source: NTREIS #21137452 Report a problem | ||
| 5/31/2017 | Listing removed | $95,000$101/sqft |
Source: MCATEE REALTY,GUN BARREL CITY #79106 Report a problem | ||
| 11/8/2016 | Price change | $95,000-5%$101/sqft |
Source: MCATEE REALTY,GUN BARREL CITY #79106 Report a problem | ||
| 2/29/2016 | Price change | $100,000-20%$106/sqft |
Source: RAGSDALE REAL ESTATE #68346 Report a problem | ||
| 7/15/2015 | Listed for sale | $125,000$132/sqft |
Source: RAGSDALE REAL ESTATE #68346 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24 -5.3% | $2,250 |
| 2024 | $26 -98.9% | $2,250 -98.7% |
| 2023 | $2,423 -11.4% | $171,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,853/mo
Principal & interest
$3121
Property taxes
$504
Home insurance
$228
Climate risks
Neighborhood: 75156
Nearby schools
GreatSchools rating
- 7/10Malakoff Elementary SchoolGrades: PK-5Distance: 4.7 mi
- 4/10Malakoff Middle SchoolGrades: 6-8Distance: 5 mi
- 4/10Malakoff High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Malakoff
- Middle: Malakoff
- High: Malakoff
- District: Malakoff ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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