INCREDIBLE 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.
Sold
Price Unknown
506 Terry Ln, Heath, TX 75032
--beds
--baths
1.51Acres
Improved Land
Built in ----
1.51 Acres Lot
$-- Zestimate®
$--/sqft
$2,246 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,246/mo
Zestimate® history
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Lush canopy of trees
Zillow last checked:
Listing updated:
Listed by:
Patty Turner 0426347 972-772-7000,
Keller Williams Rockwall 972-772-7000
Bought with:
Grant Whittle, 0649932
VIP Realty
Source: NTREIS,MLS#: 20945180
Facts & features
Interior
Heating
- None
Cooling
- None
Property
Features
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Ray Hubbard
Lot
- Size: 1.51 Acres
- Features: Interior Lot, Few Trees, Waterfront, City Lot, Retaining Wall
Details
- Additional structures: None
- Parcel number: 000000058884
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: E W Terrys Land
HOA
- Has HOA: No
Location
- Region: Heath
Financial & listing details
- Tax assessed value: $1,920,000
- Annual tax amount: $5,820
- Date on market: 5/23/2025
- Cumulative days on market: 439 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | -- |
Source: NTREIS #20945180 Report a problem | ||
| 8/20/2026 | Pending sale | $1,500,000 |
Source: NTREIS #20945180 Report a problem | ||
| 8/6/2026 | Contingent | $1,500,000 |
Source: NTREIS #20945180 Report a problem | ||
| 3/21/2026 | Price change | $1,500,000-16.7% |
Source: NTREIS #20945180 Report a problem | ||
| 8/12/2025 | Price change | $1,800,000-18.2% |
Source: NTREIS #20945180 Report a problem | ||
| 6/16/2025 | Price change | $2,200,000-12% |
Source: NTREIS #20945180 Report a problem | ||
| 5/23/2025 | Listed for sale | $2,500,000 |
Source: NTREIS #20945180 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,361 -19.5% | $378,390 +10% |
| 2024 | $1,690 -0.2% | $343,991 +10% |
| 2023 | $1,694 -47.9% | $312,719 +10% |
| 2022 | $3,254 | $284,290 +10% |
| 2021 | $3,254 | $258,445 +10% |
| 2020 | $3,254 | $234,950 +3% |
| 2019 | -- | $228,070 -53.2% |
| 2018 | $3,254 -0.8% | $487,020 +1.4% |
| 2017 | $3,280 0% | $480,290 -0.8% |
| 2016 | $3,281 | $484,340 +161.5% |
| 2015 | $3,281 | $185,190 -0.7% |
| 2014 | $3,281 | $186,440 +1.8% |
| 2013 | -- | $183,160 -0.6% |
| 2012 | -- | $184,340 -0.6% |
| 2011 | -- | $185,530 +0.6% |
| 2010 | -- | $184,390 -0.6% |
| 2009 | -- | $185,570 -0.6% |
| 2008 | -- | $186,750 -0.3% |
| 2007 | -- | $187,340 -0.4% |
| 2006 | -- | $188,130 +1.5% |
| 2005 | -- | $185,280 +0.6% |
| 2004 | -- | $184,140 |
Find assessor info on the county website
Neighborhood: 75032
Nearby homes
- $2,143,1006 bd5 ba4.2k sqft508 Terry Ln, Heath, TX 75032Off Market
- $2,068,5004 bd4 ba4k sqft510 Terry Ln, Heath, TX 75032Off Market
- $3,046,6009 bd3 ba1.8k sqft502 Terry Ln, Heath, TX 75032Off Market
- $--2 bd2 ba2.8k sqft512 Terry Ln, Heath, TX 75032Sold
- $112,0001.38 acres500 Terry Ln, Rockwall, TX 75032Off Market
- $2,185,2004 bd4 ba3.7k sqft516 Terry Ln, Heath, TX 75032Off Market
- $329,4632 acres520 Terry Ln, Rockwall, TX 75032Off Market
- $1,851,1504 bd3 ba2.9k sqft520 Terry Ln, Heath, TX 75032Off Market
Nearby schools
GreatSchools rating
- 8/10Linda Lyon Elementary SchoolGrades: PK-6Distance: 2.8 mi
- 8/10Maurine Cain Middle SchoolGrades: 7-8Distance: 3.8 mi
- 7/10Rockwall-Heath High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Amy Parks-Heath
- Middle: Cain
- High: 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.
- Texas
- Rockwall County
- Heath
- 75032
- 506 Terry Ln
