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Residential Land for Sale in Heath, Texas
506 Terry Ln, Heath, TX 75032
$1,500,000
1.5 acres
Active sale
$300k drop
Est $10,597/moINCREDIBLE 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.
Location
- Street address
- 506 Terry Ln
- County
- Rockwall County
- Zip code
- 75032
- Community
- E W Terrys Land
- School district
- Rockwall ISD
- Elevation
- 459 feet
Property details
- Acreage
- 1.51 acres65,776 sq ft
- Zoning
- Residential
- MLS #
- NTREIS 20945180
- Posted
Property taxes
- Recent
- $5,820
Parcels
- 000000058884
Legal description
E W TERRYS LAND, LOT 8, ACRES 1.51, (FKA R118
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Waterfront
- Lake Front, Waterfront
- Features
- City Lot, Few Trees, Interior Lot, Retaining Wall
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Amy Parks-Heath | Elementary | Rockwall ISD |
| Cain | Middle | Rockwall ISD |
| Heath | High | Rockwall ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 22, 2026 | Price drop | $1,500,000 | $300,000 -16.7% | NTREIS |
| Aug 13, 2025 | Price drop | $1,800,000 | $400,000 -18.2% | NTREIS |
| June 17, 2025 | Price drop | $2,200,000 | $300,000 -12% | NTREIS |
| May 24, 2025 | New listing | $2,500,000 | — | NTREIS |
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