When was property at 480 Terry Lane built and last sold?

The property at 480 Terry Lane was built in 1955 and last sold on Dec 15, 2020 for $1,731,300.

How much is this home worth?

The estimated value of the home located at 480 Terry Lane is $8,074,950.

What are some comparable homes to 480 Terry Lane?

There are currently no comparable homes to 480 Terry Lane.

Heath

75032

480 Terry Lane

Map

$7,995,000

● Land - For Sale

480 Terry Lane

Heath, TX 75032

Studio

0 Bath

$43,586

Est. Monthly

About This Property

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.

Unit Size

Days on Market

Land Size

8.05 acres

Price per sqft

Property Type

Land

Property Taxes

$4,329

HOA Dues

Year Built

1955

Listed By

Eric Narosov

[email protected]

Compass RE Texas, LLC.

Alex Perry

[email protected]

Allie Beth Allman & Assoc.

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Last updated: 11 days ago (NTREIS #21391455)

Price History

Date / Event	Date	Event	Price
Sep 24, 2026	Listed by Allie Beth Allman & Assoc.	$7,995,000
Listed by Allie Beth Allman & Assoc.

Property Highlights

Parking Available

Garage

Exterior Details

Waterfront Features: Lake Front, Lake Front – Main Body, Retaining Wall – Concrete, Retaining Wall – Steel

Lot Features: Interior Lot, Level, Waterfront, Acreage, Lrg. Backyard Grass, Water/Lake View

Lot Size Area: 8.05

Lot Size Units: Acres

Lot Size Acres: 8.05

Lot Size Square Feet: 350658

Tax Lot: 1-4

Financial Details

Tax Annual Amount: $51,950

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1978
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 13
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 616
Parking Space Count: 2
Patio Type: 5
Porch Type: 36
Pool Type: 0
Location Influence Type: 164

Dimensions

Lot Size Square Feet: 350,658

Total Building Area: 2,697
Gross Building Area: 2,697
Building Area: 2,697
Building Area Measurement: R

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,081
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: A
Subdivision: E W TERRYS LAND
Land Acres: 0000008050
Standard Land Use Code: 7001
County Land Use Code: E1
State Land Use Code: E1
Legal Description 1: E W TERRYS LAND, LOT 1-4, ACRES 8.05

Neighborhood

School District Name: Rockwall Independent School District

Census Tract: 040511

Geography

Assessors Map Reference: 322-G

Parcel: 58877
Lot: 1-4
Municipality: HEATH
Latitude: 32.8412
Longitude: -96.4997

Address

Full Address: 480 Terry Ln

Address - House Number: 480
Address - Street Name: Terry
Address - Suffix Type: Ln
State: TX
City Name: Rockwall
Carrier Code: R011
4-Digit Zip Code: 8863
Zip Code: 75032

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,974,749
Tax Rate Code Area: SRW

Open Liens

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Market Valuation

Market Total Value: $1,891,500

Market Land Value: $1,851,500
Market Improvement Value: $40,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,891,500
Assessed Land Value: $1,851,500
Assessed Improvements Value: $40,000

Sales

Current Sale Contract Date: Dec 15, 2020

Current Sale Recording Date: Dec 16, 2020
Current Sale Price:

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Current Sale Document Type: 70
Current Sale Input Document Number: 20200000030724

Last Sale Mortgage

First Mortgage Lender:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Heath

Stats & Trends

Median Asking:

$859,000

Sale Price/ft²

$239

Below Asking

0.03%

Average Days on Market

Average Home Size

3932 ft²

Average Home Age

12.9 years

Currently For Sale

143 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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4 Baths
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3 Baths
2,580 ft²

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Unit for rent at 109 Lemley Drive, Heath, TX, 75032

$2,200 /mo

3 Beds
2 Baths
1,489 ft²

109 Lemley Drive, Heath, TX, 75032 Listing by Sarah Epps

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Eric Narosov, Allie Beth Allman & Assoc.
Last Updated: 11 days ago
Data Source: NTREIS MLS, MLS# 21391455
Details provided by NTREIS and may not match the public record