Active

480 Terry Lane

Heath, Texas 75032
Mark as Favorite
Acres8.05

Acres(Lot)

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, shoppin g, 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.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Land

Price : $7,995,000

AD Id : 91476224

MLS Id : 574597887

Lot Size : 8.05 Acres(Lot)

County : Rockwall

Subdivision: Unknown

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Utilities

    City Water,Concrete,Septic

  • Lot Information

    Lot Size (Acr): 8.0500 Lot Size Units: Acres Lot Size Square Feet: 350,658 Lot Features: Acreage,Interior Lot,Level,Lrg. Backyard Grass,Water/Lake View,Waterfront
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: E W Terrys Land City: Heath State: Texas Directions: GPS Property Status: Active

  • Listing Price Information

    Original List Price: $7,995,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 000000058877 Tax Legal Description: E W TERRYS LAND, LOT 1-4, ACRES 8.05 Tax Lot: 1-4 Unexempt Taxes: $51,950

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Linda Lyon Middle School: Cain High School: Rockwall-Heath School District: Rockwall ISD
  • Utility Information

    Utilities: City Water,Concrete,Septic
Sell a home like this and save $479,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
224 Sunset Point Trail, Heath, TX, 75032 $845,000 -- -- -- 1.04 Acres(Lot)
133 Falcon Point Drive, Heath, TX, 75032 $200,000 -- -- -- 0.80 Acre(Lot)
4802 W Fm 550, Heath, TX, 75032 $550,000 -- -- -- 1.28 Acres(Lot)
0000 Fm 740, Heath, TX, 75032 $2,000,000 -- -- -- 11.92 Acres(Lot)
14 Kerimore Court, Heath, TX, 75032 $335,000 -- -- -- 0.74 Acre(Lot)
2275 Lafayette Landing, Heath, TX, 75032 $449,000 -- -- -- 0.54 Acre(Lot)
313 Hubbard Drive, Heath, TX, 75032 $1,100,000 -- -- -- 6.15 Acres(Lot)
000000000 Smirl, Heath, TX, 75032 $224,900 -- -- -- 0.63 Acre(Lot)
1204 Smirl, Heath, TX, 75032 $1,050,000 -- -- -- 3.01 Acres(Lot)
300 Chapel View Court, Heath, TX, 75032 $295,000 -- -- -- 1.05 Acres(Lot)
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/12/2026 @ 18:33

MLS: 574597887 LISTED BY: Eric Narosov, Allie Beth Allman & Assoc. 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $7,995,000

Selling? Save $479,201 when you sell a home like this

Tour with a ByOwner Agent