480 Terry Ln, Heath, TX 75032
Property image
Property image
FOR SALE
NEW - 7 HRS AGO
3D VIEW
8.05 ACRES

$7,995,000

    480 Terry Ln, Heath, TX 75032

    Est. Mortgage $53,649/mo*
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    Home Highlights

    Lot/Land
    8.05 acre lot

    Local Information

    • Map ViewExplore the area around 480 Terry Ln.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    What's unique: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.
    Last check for updates: 37 minutes ago
    Listing courtesy of Eric Narosov 0721495, (214) 529-1282
    Allie Beth Allman & Assoc., 214-529-1282
    Alex Perry 0539273, (214) 926-0158
    Allie Beth Allman & Assoc., (214) 521-7355
    Source: NTREIS, MLS#21391455
    Also Listed on NTREIS.

    Home Details for 480 Terry Ln

    Interior Features

    Appliances & Utilities
    Utilities: Septic Available, Water Available
    View
    Has a ViewView: Water

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake Front, WaterfrontOn Waterfront
    Water & Sewer
    Sewer: Septic TankWater Body: Ray Hubbard

    Days on Market

    Cumulative Days on Market: 1Days on Market: <1 day on Trulia

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 000000058877

    Price & Status

    Price
    List Price: $7,995,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: HeathCommunity: E W Terrys Land
    School Information
    Elementary School: Linda LyonElementary School District: Rockwall ISDJr High / Middle School: CainJr High / Middle School District: Rockwall ISDHigh School: Rockwall-HeathHigh School District: Rockwall ISD

    Agent Information

    Listing Agent
    Listing ID: 21391455

    Community

    Not Senior Community

    HOA

    No HOA

    Lot Information

    Lot Area: 8.05 Acres

    Miscellaneous

    Mls Number: 21391455Living Area Range Units: Square FeetWater ViewAttribution Contact: 214-529-1282

    Around this home

    What Locals Say about Heath

    At least 55 Trulia users voted on each feature.

    • 97 % Say parking is easy

    • 95 % Say it's dog friendly

    • 94 % Say car is needed

    • 94 % Say there's holiday spirit

    • 91 % Say yards are well-kept

    • 86 % Say people would walk alone at night

    • 82 % Say it's quiet

    • 79 % Say kids play outside

    • 76 % Say there are sidewalks

    • 66 % Say neighbors are friendly

    • 65 % Say there's wildlife

    • 62 % Say streets are well-lit

    • 61 % Say they plan to stay for at least 5 years

    • 52 % Say there are community events

    • 17 % Say it's walkable to grocery stores

    • 12 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Cnellis80
      "This neighborhood has a small town feel, is safe, everyone knows everyone...or their business, people still do the friendly wave, and schools are good."
      3
      Flag
    • Megan H.
      "I work from home and my husband commutes to downtown Dallas. All commutes are hard in the Dallas area, but ours is easier then most. "
      0
      Flag
    • Cotique M.
      "I come from Rowlett. Everyone drives under the speed limit. except a few that drive double the limit. "
      2
      Flag
    • Kelly
      "Beautiful suburb of Dallas with great schools, low crime, and beautiful rolling hills with larger than average lots, sitting on a beautiful, huge lake. It’s a great choice if moving to the Dallas area, especially if you have kids. "
      1
      Flag
    • Mark.C
      "Great homes. Great neighborhood. Great schools. Good local dinning. Reasonable commute to downtown Dallas. "
      0
      Flag
    • Kristieandme
      "Everyone driving through gets a wave and a smile, no matter who you pass. Great side walk walking path around the whole neighborhood for Sunday afternoons."
      0
      Flag
    • Ossielee.williams
      "no public transportation must have your on transportation or like walking a long distance to get what you need "
      0
      Flag
    • Ossielee.williams
      "like it as there are lost of space and close to the lake front to walk and enjoy the outdoors the rockwall animal control is the department that looks for strays "
      2
      Flag
    • Joseph
      "the proximity to the lake makes heath a wonderful place to live and play. I live 5 minutes from the harbor development of lake side restaurants and entertainment district which is beautiful especially at sunset "
      0
      Flag
    • Greerparker51
      "We have lived here for one year and are very happy! The neighborhood is new and developing nicely! The golf course is going to be wonderful!"
      2
      Flag
    • Mark
      "Great homes. Great schools. Great medical facilities. Friendly local owned businesses. Great people. "
      2
      Flag
    • Linda H.
      "Lived in neighborhood 25 years. Feel I know it well. Have seen many changes. Need more restrictions to protect lake views."
      0
      Flag
    • Stuartwoodring
      "25-30 min to Love field only 1 hour to DFW and wonderful Lake Ray Hubbard in your backyard!"
      0
      Flag

    Market trends in Heath

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    154
    6    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    506 Terry Ln, Heath, TX
    0.10
    Lot/Land
    -
    08/21/26
    -
    -
    11 Meadowlake Dr, Heath, TX
    0.88
    Lot/Land
    -
    07/06/26
    -
    -
    333 Dominion Pl, Heath, TX
    0.97
    Lot/Land
    -
    12/05/25
    -
    -
    224 Terry Ln, Heath, TX
    1.00
    Lot/Land
    -
    09/30/25
    -
    -
    200 Terry Ln, Heath, TX
    1.08
    Lot/Land
    -
    01/08/26
    -
    -
    214 Cedar Tree Ln, Heath, TX
    1.50
    Lot/Land
    -
    05/11/26
    -
    -
    Scenic Dr, Rockwall, TX
    1.42
    Lot/Land
    -
    09/18/26
    -
    -
    612 Shadow Wood Ln, Heath, TX
    2.58
    Lot/Land
    -
    01/08/26
    -
    -
    310 Broadmoor Dr, Heath, TX
    2.56
    Lot/Land
    -
    04/01/26
    -
    -
    321 Broadmoor Dr, Heath, TX
    2.61
    Lot/Land
    -
    02/17/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    103 Luther Ln, Heath, TX 75032
    0.09
    -
    3
    2
    1,861
    Recently Sold
    506 Terry Ln, Heath, TX 75032
    0.10
    -
    -
    -
    -
    Recently Sold
    512 Terry Ln, Heath, TX 75032
    0.16
    $1,337,800
    2
    2
    2,805
    Off Market
    228 Crystal Ct, Heath, TX 75032
    0.18
    -
    4
    3
    3,947
    Recently Sold
    LOT 5 Lemley Dr, Rockwall, TX 75032
    0.21
    -
    -
    -
    -
    Off Market
    105 Lemley Dr, Heath, TX 75032
    0.25
    $308,000
    4
    2
    1,504
    Off Market
    109 Ambrosia Ln, Heath, TX 75032
    0.25
    $1,459,500
    4
    3.5
    4,562
    Off Market
    110 Gregory Dr, Heath, TX 75032
    0.29
    $345,000
    3
    2
    1,656
    For Sale
    101 Gregory Dr, Heath, TX 75032
    0.30
    -
    3
    2
    1,750
    Recently Sold
    110 Ambrosia Ln, Heath, TX 75032
    0.31
    $1,288,700
    4
    3.5
    3,457
    Off Market
    111 Gregory Dr, Heath, TX 75032
    0.32
    $253,700
    3
    2
    1,540
    Off Market

    Price and Tax history

    DateEventPrice
    Sep 24, 2026
    Source: NTREIS #21391455
    		Listed For Sale
    $7,995,000
    Nov 12, 2020
    Source: Agent Provided
    		ListingRemoved
    $2,770,000
    Mar 12, 2020
    Source: Agent Provided
    		Listed For Sale
    $2,770,000
    Feb 2, 2020
    Source: Agent Provided
    		ListingRemoved
    $2,770,000
    Oct 1, 2019
    Source: Agent Provided
    		PriceChange
    $2,770,000
    Price decreased by 0%

    LGBTQ Local Legal Protections

    Eric Narosov, Allie Beth Allman & Assoc., 214-529-1282
    Agent Phone: (214) 529-1282
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about 480 Terry Ln

    • How big is 480 Terry Ln?
      480 Terry Ln in Heath, TX is about 8.1 acres.
    • What is the price per acre for 480 Terry Ln?
      480 Terry Ln in Heath, TX is listed at $7,995,000, or about $1.0M per acre.
    • What do residents say about Heath?
      Residents describe Heath, TX as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Heath, TX.
    • What are the closest schools to 480 Terry Ln?
      The closest schools to 480 Terry Ln in Heath, TX are Linda Lyon Elementary School (Pre-K, rated 8/10), Maurine Cain Middle School (rated 8/10), Rockwall-Heath High School (rated 7/10).
    480 Terry Ln, Heath, TX 75032 is a lot/land. This property is currently available for sale and was listed by NTREIS on Sep 24, 2026. The MLS # for this home is MLS# 21391455.