SELLER NOW OFFERING $50,000 for removal of existing home with acceptable offer. Location, location, location! You've heard these words before, and there is no better way to describe this property. Boating enthusiasts will be interested to know it is located on the deepest part of Lake Ray Hubbard, making this property is a gem. The house is in good condition, but the true value is in the land. This 2 bedroom, 2 bath, 2 car-garage home sits on 1.35 acres, but with the addition of the leasable take area which is owned by the City of Dallas and regulated by the City of Heath, the owners say that the usable land is closer to 2 acres (the land listing can be found at MLS #20996474). The bedrooms and bathrooms are large, and there are two large living areas. French doors open from the primary bedroom to the covered patio, which leads to the large backyard and lake front. There is an existing seawall and there is an option to build a private boat dock. You can also enjoy the public boat ramps at Terry Park, which is a short drive from the property. The property is located near major highways, medical facilities, shopping, dining, and entertainment. The Harbor at Rockwall is a hot spot for fun! Buyer and buyers agent to confirm all information. Please do not go on the property without an appointment.
Sold
Price Unknown
512 Terry Ln, Heath, TX 75032
2beds
2,805sqft
Single Family Residence
Built in 1985
1.35 Acres Lot
$1,361,500 Zestimate®
$--/sqft
$2,643 Estimated rent
Home value
$1,361,500
$1.27M - $1.47M
$2,643/mo
Zestimate® history
Owner options
List your home for rent
$2,643/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,643/mo
Rent Zestimate®
Refinance and save
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Libby Odom 0693548 972-783-0000,
Ebby Halliday, REALTORS 972-783-0000
Bought with:
Kaye Purifoy
Ebby Halliday, REALTORS
Source: NTREIS,MLS#: 20996696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Dual Sinks, En Suite Bathroom, Garden Tub/Roman Tub, Linen Closet, Stone Counters
- Level: First
- Dimensions: 20 x 14
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 19 x 14
Primary bathroom
- Features: Built-in Features, Dual Sinks, En Suite Bathroom, Granite Counters, Garden Tub/Roman Tub, Linen Closet
- Level: First
- Dimensions: 16 x 12
Breakfast room nook
- Level: First
- Dimensions: 13 x 10
Family room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 17 x 20
Other
- Features: Linen Closet, Multiple Shower Heads
- Level: First
- Dimensions: 10 x 9
Kitchen
- Features: Built-in Features, Dual Sinks
- Level: First
- Dimensions: 9 x 7
Laundry
- Features: Closet
- Level: First
- Dimensions: 10 x 8
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 22 x 16
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Features
- High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total interior livable area: 2,805 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Concrete, Door-Multi, Driveway, Garage, Kitchen Level, Garage Faces Side
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Ray Hubbard
Lot
- Size: 1.35 Acres
- Features: Acreage, Back Yard, Lawn, Few Trees, Waterfront, Retaining Wall
Details
- Parcel number: 000000058887
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Detached
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Features: Boat Facilities, Lake, Park
- Subdivision: E W Terrys Land
HOA
- Has HOA: No
Location
- Region: Heath
Financial & listing details
- Tax assessed value: $2,748,110
- Annual tax amount: $9,044
- Date on market: 7/30/2025
- Cumulative days on market: 67 days
- Listing terms: Cash,Conventional,FHA,Other
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | -- |
Source: NTREIS #20996696 Report a problem | ||
| 10/14/2025 | Pending sale | $1,700,000$606/sqft |
Source: NTREIS #20996474 Report a problem | ||
| 10/5/2025 | Contingent | $1,700,000$606/sqft |
Source: NTREIS #20996474 Report a problem | ||
| 9/17/2025 | Price change | $1,700,000-10.5%$606/sqft |
Source: NTREIS #20996474 Report a problem | ||
| 7/30/2025 | Listed for sale | $1,900,000$677/sqft |
Source: NTREIS #20996474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,696 -19.8% | $588,013 +10% |
| 2024 | $4,612 +4.4% | $534,557 +10% |
| 2023 | $4,417 -32.2% | $485,961 +10% |
| 2022 | $6,519 -1.1% | $441,783 +10% |
| 2021 | $6,594 +2.1% | $401,621 +10% |
| 2020 | $6,460 | $365,110 +2.7% |
| 2019 | -- | $355,630 -39.9% |
| 2018 | $6,829 -0.1% | $591,510 +1.6% |
| 2017 | $6,835 +1.6% | $582,160 +1.5% |
| 2016 | $6,730 | $573,790 +68.6% |
| 2015 | $6,730 | $340,420 -1.3% |
| 2014 | $6,730 | $345,050 +4.4% |
| 2013 | -- | $330,500 -1.3% |
| 2012 | -- | $334,870 -0.6% |
| 2011 | -- | $337,040 -0.6% |
| 2010 | -- | $339,230 -0.6% |
| 2009 | -- | $341,410 |
| 2008 | -- | $341,410 +0.6% |
| 2007 | -- | $339,230 +8.5% |
| 2006 | -- | $312,640 +5.3% |
| 2005 | -- | $296,780 +1.6% |
| 2004 | -- | $292,240 |
Find assessor info on the county website
Neighborhood: 75032
Nearby homes
- $2,068,5004 bd4 ba4k sqft510 Terry Ln, Heath, TX 75032Off Market
- $329,4632 acres520 Terry Ln, Rockwall, TX 75032Off Market
- $2,185,2004 bd4 ba3.7k sqft516 Terry Ln, Heath, TX 75032Off Market
- $2,143,1006 bd5 ba4.2k sqft508 Terry Ln, Heath, TX 75032Off Market
- $1,851,1504 bd3 ba2.9k sqft520 Terry Ln, Heath, TX 75032Off Market
- $--1.51 acres506 Terry Ln, Heath, TX 75032Sold
- $458,1003 bd3 ba1.8k sqft511 Terry Ln, Heath, TX 75087Off Market
- $407,800-- bd-- ba1.8k sqft513 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: 3.9 mi
- 7/10Rockwall-Heath High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Linda Lyon
- 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,361,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,361,500
- Texas
- Rockwall County
- Heath
- 75032
- 512 Terry Ln
