480 Terry Lane, Heath, TX 75032

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
480 Terry Lane,Heath, TX 75032
$7,995,000
  • 8.05 Acres
  • Lots / Land
  • Active
Listed by: eric narosov, alex perry
Office: allie beth allman & assoc.
MLS#:21391455
Source:GDAR

Price summary

  • Price:$7,995,000

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.

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Home facts

  • Subdivision & Development:E W Terrys Land
  • Listing ID #:21391455
  • Added:1 day(s) ago
  • Updated:September 25, 2026 at 04:10 PM

Structure and exterior

  • Lot area:8.05 Acres
  • Lot Features:Acreage, Interior Lot, Lawn, Level, Retaining Wall, Waterfront

Schools

  • High school:Rockwall-Heath
  • Middle school:Cain
  • Elementary school:Linda Lyon

Finances and disclosures

  • Price:$7,995,000
  • Tax amount:$51,950
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 25, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.