Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    506 Terry Ln Heath, TX 75032

    Sponsored
    For Sale
    $1,800,000

    Improved Land - Heath, TX

    Lot size:
    1.51 Acres
    Days on Market:
    148
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 506 Terry Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000000058884
    Lot size
    1.51 Acres

    Utilities

    Heating system
    None (Heating)
    Water front features
    Lake Front – Main Body, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Keller Williams Realty Rockwall (972) 772-7000 [email protected]

    Listing agent Patty Turner (972) 772-7000 License #0426347

    Listing date Aug 12, 2025

    MLS# 20945180 Listing URL

    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.

    Overview

    Waterfront Land on Lake Ray Hubbard

    This 1.51-acre land parcel in Heath, TX, offers a rare waterfront opportunity to build a custom lakefront estate. Situated along the shores of Lake Ray Hubbard, the property provides a secluded environment with a canopy of trees. The land is cleared and ready for construction. Envision a private waterfront experience with a personal boat dock for launching boats and jet skis onto Lake Ray Hubbard. Located in Rockwall County, this property offers lakefront living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Realty agency Spa & Massage Hair Salon Building Supply Wholesale Shop Kitchen & Bath HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Heath
    County
    Kaufman
    State
    Texas
    Longitude
    -96.501471
    Latitude
    32.840401

    Nearby Similar for Sale

    • $2,400,000
      9,433 SF

      Office/Showroom Property with Upscale Finishes

      Office/Showroom with upscale finishes, renovated in 2023, near Presbyterian Hospital.
      20 Noble Ct, Heath, TX 75032
      View Details
    • Contact for pricing
      6,000 SF

      Retail, Office, Medical Space Available

      Located in Heath, ideal for retail, office, or medical.
      315 Laurence Dr, Heath, TX 75032
      View Details
    • $1,600,000
      2,663 SF

      Downtown Heath Commercial Land

      Prime Heath location, 2,663 sqft, 2.86 acres
      217 Laurence Dr, Heath, TX 75032
      View Details
    • $750,000
      6.80 Acres

      Prime Heath, TX Land - 6.8 Acres

      Luxury Estate or Development Opportunity
      740 Fm Rd, Heath, TX 75126
      View Details
    • Contact for pricing
      6,000 SF

      Heath, TX Retail/Medical Space

      Move-in ready, 2,000 SF NNN lease.
      315 Laurence Dr, Heath, TX 75032
      View Details

    FAQs

    What type of property is this?
    Land - Rare opportunity to build a lakefront estate on Lake Ray Hubbard.
    Where is this land located?
    The property is located at 506 Terry Ln Heath, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Rare waterfront opportunity on Lake Ray Hubbard.; - Ready-to-build land for a custom estate.; - Private boat dock for lake access.
    (972) 772-7000
    Request Owner's contact information
    506 Terry Ln Heath, TX 75032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    506 Terry Ln
    Heath, TX 75032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Terry Ln Heath, TX 75032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.