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Lot/land
  • $7,995,000

    480 Terry Ln, Heath, TX 75032

    --beds
    --baths
    8.05Acres
    Unimproved Land
    Built in ----
    8.05 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous shorelineDeep-water access
    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.
    22 days
    588
    45

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Narosov 0721495 214-529-1282,

    Allie Beth Allman & Assoc. 214-521-7355,

    Alex Perry 0539273 214-926-0158,

    Allie Beth Allman & Assoc.

    Source: NTREIS,MLS#: 21391455

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Lake Front, Waterfront
      • Body of water: Ray Hubbard
      Lot
      • Size: 8.05 Acres
      • Features: Acreage, Back Yard, Interior Lot, Lawn, Level, Subdivided, Waterfront, Retaining Wall
      Details
      • Parcel number: 000000058877
      • Zoning description: Single Family Residence

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: E W Terrys Land
      HOA
      • Has HOA: No
      Location
      • Region: Heath

      Financial & listing details

      • Tax assessed value: $3,260,000
      • Annual tax amount: $51,950
      • Date on market: 9/24/2026
      • Cumulative days on market: 23 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/24/2026Listed for sale$7,995,000+188.6%
        Source: NTREIS #21391455 Report a problem
        11/12/2020Listing removed$2,770,000
        Source: Rockwall/Heath/Lake Ray Hubbard Office #14297322 Report a problem
        3/12/2020Listed for sale$2,770,000
        Source: Ebby Halliday Realtors #14297322 Report a problem
        2/2/2020Listing removed$2,770,000
        Source: Ebby Halliday Realtors #14035554 Report a problem
        10/1/2019Listed for sale$2,770,000-0.3%
        Source: Ebby Halliday Realtors #14035554 Report a problem
        4/2/2019Listed for sale$2,777,000
        Source: Ebby Halliday Realtors #14035554 Report a problem
        3/2/2019Listing removed$2,777,000
        Source: Ebby Halliday Realtors #13850491 Report a problem
        5/14/2018Listed for sale$2,777,000
        Source: Ebby Halliday, REALTORS #13838896 Report a problem
        11/13/2017Listing removed$2,777,000
        Source: Ebby Halliday, REALTORS #13402685 Report a problem
        7/2/2016Listed for sale$2,777,000-6.6%
        Source: Ebby Halliday Realtors #13402676 Report a problem
        11/24/2015Price change$2,974,000+7.2%
        Source: Coldwell Banker Residential Brokerage - Rockwall #13214350 Report a problem
        7/6/2015Price change$2,774,000+22.2%
        Source: Owner Report a problem
        6/28/2015Listed for sale$2,270,000
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$43,404 +13%$2,723,760 +20%
        2024$38,403 +29.1%$2,269,800 +20%
        2023$29,747 -8.7%$1,891,500 +4.4%
        2022$32,567 -0.4%$1,811,000 +6.6%
        2021$32,709 $1,698,300 +48.9%
        2020-- $1,140,430 +3%
        2019-- $1,106,830 +1848.3%
        2018$143 -53.9%$56,810 -7.2%
        2017$311 -36.7%$61,195 +7.6%
        2016$492 $56,850 -6%
        2015$492 $60,490 -2.7%
        2014$492 $62,150 -7%
        2013-- $66,810
        2012-- $66,810
        2011-- $66,810
        2010-- $66,810
        2009-- $66,810
        2008-- $66,810
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75032

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Linda Lyon
        • Middle: Cain
        • High: Rockwall-Heath
        • District: Rockwall ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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