Terraria is 10 years old! Join the celebration with contests, prizes, and chats with the dev team here
PC NEWS: 184.108.40.206 update is out! More info here. Report bugs here
CONSOLE 1.4 NEWS: The current plan is to have Terraria: Journey's End out for Xbox and PlayStation in Q3 2021 (Jul-Sep). Switch will follow shortly afterwards. More info here. Stay up to date with console news here
MOBILE NEWS: Stay up to date with the latest mobile news here. Report mobile bugs here
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There are no supported third party tools for mobile. You might have some luck copying the files onto a PC and using an old version of an editor (that corresponds to the current mobile version) but it is a bit fiddly, and again not supported officially.
Yes mobile will receive the content that has been added to PC. It's likely that it will come in bigger lumps than it did on PC. I imagine most of the 1.4 content will arrive at a similar time, or maybe the 1.4.1 updates