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Waterfront Homesite in Terrabella
For Sale
$725,000

8 Terrabella Lane, Heath, TX 75032

Land, Heath, TX

Property SizeContact for details
Lot Size1.00 Acres
Days on Market50

Property Features for 8 Terrabella Lane

General Information

Property type Land
Property subtype Other
Zoning description SFR
Subdivision Terrabella
Lot features Cleared, Interior Lot, Landscaped
View Water
Elementary school Amy Parks-Heath
Middle school Cain
High school Heath
Elementary school district Rockwall ISD
Middle school district Rockwall ISD
High school district Rockwall ISD
Directions GPS
Standard status Active
APN 000000063737
Lot size 1.00 Acres

Taxes and HOA fees

Tax Description TERRABELLA, LOT 3, ACRES 1.002
Tax Annual Amount 3827
HOA Fee $1,620 Annually
Legal Description TERRABELLA, LOT 3, ACRES 1.002

Utilities

Water source Public
Listing Agency: Rad Realty Group LLC
Listed By: Yossi Barazani · License #0662721
Added: Jul 12 Changed: Aug 25 Last Checked: Aug 30 at 8:06PM
MLS# 21329026

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.

Investment Insights

Based on property information with market context.

A rare waterfront homesite opportunity in Terrabella, presented as the last available homesite in the community. The property is a 1.002-acre homesite with a stated minimum build requirement of 5,000 square feet of air-conditioned space.

Terrabella is described as a small waterfront enclave with only ten estates, located near Lake Ray Hubbard in Heath, Rockwall County, Texas. Address: 8 Terrabella Lane, Heath, TX 75032.

Key Highlights

  • 1‑acre homesite in the Terrabella waterfront community on Lake Ray Hubbard
  • Terrabella includes only ten estates, and this is the last homesite
  • Minimum requirement of 5,000 sq. ft. of air‑conditioned space for the new home

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Real Estate Agency HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 75032, TX

34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready homesite in the Terrabella waterfront community with a 1.002-acre lot and a minimum 5,000 sq ft A/C requirement.
Where is this residential land & home lot located?
The property is located at 8 Terrabella Lane Heath, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1‑acre homesite in the Terrabella waterfront community on Lake Ray Hubbard; Terrabella includes only ten estates, and this is the last homesite; Minimum requirement of 5,000 sq. ft. of air‑conditioned space for the new home
More about this property
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