480 Terry Lane
Heath, TX 75032
Listing courtesy of Eric Narosov, Allie Beth Allman & Assoc.
About this home
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.
Schools
- Elementary
- Linda Lyon
- Middle
- Cain
- High
- Rockwall-Heath
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21391455
- Property Type
- Land
- Status
- For Sale
- County
- Rockwall
- Subdivision
- E W Terrys Land
- Lot Size
- 8.05 acres
- HOA Dues
- None
- Annual Taxes
- $51,950
- Days on Market
- New (1 day)
- Listed
- Sep 24, 2026
- Price per Sqft
- Not listed
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $42,553
- Property taxes
- $4,329
- Homeowner's insurance (est.)
- $2,332
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.