506 Terry Lane Heath, TX $ 1,800,000
506 Terry Lane
$ 1,800,000
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506 Terry Lane

Heath, TX, 75032
$ 1,800,000
Baths0.0

Monthly Estimate*

$ 11,230

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Studio

Lots and Land for sale in Heath, TX

for $1,800,000. The lot size is 1.51.

INCREDIBLE RARE WATERFRONT OPPORTUNITY to build your dream lakefront estate along the beautiful shores of Lake Ray Hubbard. Embrace the solitude provided by the lush canopy of trees, creating a sanctuary apart from nearby surroundings. ENVISION your picturesque private waterfront experience located on the open water with a private boat dock allowing you to effortlessly launch your boat and jet skis onto Lake Ray Hubbard. Lake Ray Hubbard provides the lakefront living you are looking for. The land is clear and ready to build your custom paradise.

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Lots and Land Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,820

Style

Improved Land

Lot Size

1.51

Town/City

Heath

County/Region

Rockwall

MLS | Web ID

20945180

Features
General
Development Status City Limits
Heating None
Cooling None
Utilities City Sewer City Water Concrete Individual Water Meter
Possession Closing/Funding
current use Residential
Restrictions No Mobile Home
School District Rockwall ISD
Property Subtype Improved Land
Subdivision Name E W Terrys Land
County Rockwall
Property Type Land
HOA Type None
Special Notes Aerial Photo Survey Available
Status Active
Directions Use GPS
City Heath
Elementary School Name Amy Parks-Heath
High School Heath
Elementary School Amy Parks-Heath
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 1
Lot Features Few Trees Interior Lot Waterfront
Fencing None
Soil Type Unknown
Other Structures None
WaterFront Features Lake Front – Main Body Retaining Wall – Other Retaining Wall – Steel
Lot Size 1 to < 3 Acres
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Internal Only
Street Number 1 506
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* Excluded Features
List By
Patty Turner

Listing Agent

Keller Williams Rockwall

Broker

Affordability Calculator

$11,715
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,230
Monthly Property Taxes
$485
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1073036 Elementary School
5136202 Middle School
Pricing History
Date Price Price Change Description
8/12/2025 $1,800,000 -18.18% Price Down
6/16/2025 $2,200,000 -12.00% Price Down
5/23/2025 $2,500,000 Listed Price

Map


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506 Terry Lane, Heath, TX, 75032 is a Lots and Land for sale at $1,800,000 with a lot size of 1.51. 506 Terry Lane is a studio with 0.0 baths. The property's zip code is 75032 which is in Heath, TX