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480 Terry Lane

Heath, TX 75032

$7,995,000

Land · 8.05 ac · $993K/ac

Acres8.05 acres
Price per acre$993,168 / acre
ZoningSingle Family Residence
WaterCity Water
SewerSeptic
TypeUnimproved Land

What it costs to own

Taxes$51,950 per year
MUDNone listed
HOANone listed
Price per acre$993,168
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

Lot featuresAcreage, Interior Lot, Level, Lrg. Backyard Grass, Waterfront
Water sourceCity Water
SewerSeptic

ZoningSingle Family Residence
RestrictionsNo Known Restriction(s)
EasementsTelephone, Water Lines

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionE W Terrys Land

ElementaryLinda Lyon
Middle schoolCain
High schoolRockwall-Heath
DistrictRockwall ISD

MLS #21391455
Source
On the market1 day
CountyRockwall

Around this home

One moment…

Everyday life

Nearest groceryTom Thumb · 1.6 mi
Nearest parkTerry Park · 0.3 mi

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Listing courtesy of Allie Beth Allman & Assoc. — Eric Narosov.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21391455. Information last updated September 25, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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