# 480 Terry Lane, Heath, TX 75032 > **TL;DR:** land, $7,995,000. > Waterfront, View. Est. $42,759/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $7,995,000 | | Lot Size | 350,658 sqft (8.05 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $40,427 | | Estimated Insurance | $2,332 | | **Total** | **$42,759** | ## Nearby Schools - **Elementary:** Linda Lyon - **Middle:** Cain - **High:** Rockwall-Heath ## Key Amenities - Waterfront - View ## Property Highlights - 8.05 acre lot - Waterfront ## Description ### Agent Description 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. ## Location - **Address:** 480 Terry Lane, Heath, TX 75032 - **County:** Rockwall - **Neighborhood:** E W Terrys Land - **Coordinates:** 32.840963, -96.49982 - **Google Maps:** https://www.google.com/maps?q=32.840963,-96.49982 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21391455 ## Listing Agent - **Name:** Eric Narosov - **Brokerage:** Allie Beth Allman and Associates - **Phone:** (214) 528-2500 - **Broker Phone:** (214) 528-2500 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/480-Terry-Ln_Heath_TX_75032_M80963-28082?f=listhub&s=NTREIS&m=21391455&c=propsimple) ## Photos ![480 Terry Lane - Photo 1](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f870913456r.jpg) ![480 Terry Lane - Photo 2](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f3759180647r.jpg) ![480 Terry Lane - Photo 3](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f449218243r.jpg) ![480 Terry Lane - Photo 4](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f849854689r.jpg) ![480 Terry Lane - Photo 5](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f3394780523r.jpg) ![480 Terry Lane - Photo 6](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f213822131r.jpg) ![480 Terry Lane - Photo 7](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f3111451998r.jpg) ![480 Terry Lane - Photo 8](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f4169272179r.jpg) ![480 Terry Lane - Photo 9](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f2989784083r.jpg) ![480 Terry Lane - Photo 10](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f578007267r.jpg) ![480 Terry Lane - Photo 11](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f2505918406r.jpg) ![480 Terry Lane - Photo 12](http://lh.rdcpix.com/e648a69cb6f1cab311c62ce4b18501cfl-f2216129939r.jpg) --- **MLS#:** 21391455 | **Updated:** 2026-09-25 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/480-terry-lane-heath-tx-75032-21391455) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/480-terry-lane-heath-tx-75032-21391455#listing", "url": "https://www.propertysimple.ai/listing/480-terry-lane-heath-tx-75032-21391455", "name": "480 Terry Lane, Heath, TX 75032", "description": "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. 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