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480 Terry Lane Heath, TX $ 7,995,000
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$ 7,995,000 Get more info
480 Terry Lane
$ 7,995,000
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480 Terry Lane

Heath, TX, 75032
$ 7,995,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 50,481

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Lots and Land for sale in Heath, TX

for $7,995,000. The lot size is 8.05.

A rare opportunity to own one of the last remaining estate-sized waterfront parcels on Lake Ray Hubbard. Located just 10 miles from George Bush Freeway, this exceptional property offers approximately 427 feet of lake frontage, deep water, and spectacular unobstructed views of the lake and Dallas skyline. Create a picturesque setting for a custom lakefront estate, while the expansive acreage provides ample room for horses, barns, an arena, and more. With generous shoreline and deep-water access, the property offers an ideal setting for a private boat dock or boathouse and effortless enjoyment of life on the water. Experience the best of both worlds—peaceful country and equestrian living combined with the beauty and recreation of Lake Ray Hubbard—all within minutes of major freeways, shopping, dining, and entertainment. Currently benefiting from an agricultural exemption, this remarkable property presents an increasingly rare opportunity to create a truly one-of-a-kind lakefront estate.

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Lots and Land Active

Price

$ 7,995,000

Property Type

Lots and Land

Taxes

$ 51,950

Style

Unimproved Land

Lot Size

8.05

Town/City

Heath

County/Region

Rockwall

MLS | Web ID

21391455
Features
General
Development Status Zoned Other
Utilities City Water Concrete Septic
Possession Closing/Funding
Restrictions No Known Restriction(s)
School District Rockwall ISD
AG Exemption Y
Property Subtype Unimproved Land
Subdivision Name E W Terrys Land
County Rockwall
Property Type Land
HOA Type None
Status Active
Directions GPS
City Heath
Elementary School Name Linda Lyon
High School Rockwall-Heath
Elementary School Linda Lyon
Standard Status Active
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Exterior
Waterfront 1
Lot Features Acreage Interior Lot Level Lrg. Backyard Grass Water/Lake View Waterfront
WaterFront Features Lake Front Lake Front – Main Body Retaining Wall – Concrete Retaining Wall – Steel
Lot Size 5 to < 10 Acres
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Internal Only
Street Number 1 480
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* Excluded Features
List By
Eric Narosov

Listing Agent

Allie Beth Allman & Assoc.

Broker

Affordability Calculator

$54,810
Per Month
92%
8%
0%
Monthly Principal & Interest
$50,481
Monthly Property Taxes
$4,329
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2074066 Elementary School
5136202 Middle School
See complete school information
Pricing History
Date Price Price Change Description
9/25/2026 $7,995,000 Listed Price

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480 Terry Lane, Heath, TX, 75032 is a Lots and Land for sale at $7,995,000 with a lot size of 8.05. 480 Terry Lane has 0.0 baths. The property's zip code is 75032 which is in Heath, TX

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