520 Terry Ln

93,654 / 2.15
Lot Size / Acres

Description

Dreams Come True – Rare Lakefront Opportunity!Build your dream home on one of the few remaining waterfront homesites along Lake Ray Hubbard in prestigious Heath—right on Million Dollar Row. This expansive property offers panoramic lake views from nearly every angle and is large enough to divide into two separate lots for future flexibility or additional investment potential.The seller provides plans for an approximately 8,000?SF estate, including expansive windows to maximize lake views and 8,000?SF...Dreams Come True – Rare Lakefront Opportunity!Build your dream home on one of the few remaining waterfront homesites along Lake Ray Hubbard in prestigious Heath—right on Million Dollar Row. This expansive property offers panoramic lake views from nearly every angle and is large enough to divide into two separate lots for future flexibility or additional investment potential.The seller provides plans for an approximately 8,000?SF estate, including expansive windows to maximize lake views and 8,000?SF of outdoor living space. The land is cleared, ready for permits, and perfect for a custom build.Enjoy lakeside living at its finest, with privacy, serenity, and convenient access to top schools, shopping, and dining. Don’t miss this rare chance to create your ultimate waterfront retreat—or two—on Lake Ray Hubbard.

Listing Agent

  1. Nancy Parkes

    Nancy Parkes

    Listing Agent

    Compass

    TREC #0655439

    nancy.parkes@compass.com

    P: (214)-945-4343

Property Details for 520 Terry Lane

Subdivision Name
Holloway Add
Zoning Description
Residential
LISTING UPDATED: 03/14/2026 02:48 PM

Property Details for 520 Terry Lane

StatusActive
MLS #20726419
Days on Market488
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built-
Lot Size2.15 AC
CountyRockwall County
Buyer's Agent Compensation2.5%
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Building Information for 520 Terry Lane

Lot Size2.15 AC

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$15,499 per month

30 year fixed, 6.11% Interest

Principal and Interest

$13,589

Property Taxes

$1,910

HOA Dues

$0

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Property Information for 520 Terry Lane

Summary
Location and General Information
  • Block: A
  • Directions: Use Google Maps
  • Elementary School: Linda Lyon
  • Elementary School Name: Linda Lyon
  • High School: Heath
  • High School Name: Heath
  • Lake Name: Ray Hubbard
  • Middle School: Cain
  • Senior Community Yes/No: No
  • School District: Rockwall ISD
  • Geocode Confidence: High
  • Latitude: 32.84
  • Longitude: -96.50
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: HOLLOWAY ADDITION BLK A LOT 1
  • Association Type: None
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront Features: Lake Front
  • Waterfront: Yes
Property
Utilities
  • Utilities: City Sewer, City Water, Concrete, Curbs, Electricity Available, Gravel/Rock, Septic, Sidewalk
Property and Assessments
  • AG Exemption: No
  • Concessions YN: Yes
  • Loan Type: Treat As Clear
  • Restrictions: Architectural
  • Documents Available: Floorplans/Blueprints, Survey
  • Property Match: Address
Lot Information
  • Development: City Limits, Streets Installed
  • Easements: Utilities
  • Lot Features: Few Trees, Level, Waterfront
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 2.15
  • Lot Size Area: 2.15
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 93654.0
  • Multi Parcel ID: No
  • Parcel Number: 000000332355
  • Current Use: Residential

Property History for 520 Terry Lane

DateEvent & SourcePriceAppreciation
Sep 13, 2024

Listed (Active)

NTREIS #20726419

$2,800,000
Feb 2, 2023

Sold

NTREIS #20187141

Jan 25, 2023

Pending

NTREIS #20187141

Oct 18, 2022

Listed (Active)

NTREIS #20187141

$1,190,000
May 7, 2012

Sold

NTREIS #11713999

Apr 2, 2012

Pending

NTREIS #11713999

Jan 29, 2012

Listed (Active)

NTREIS #11713999

$598,000
Dec 29, 2009

Sold

NTREIS #11293335

Dec 4, 2009

Pending

NTREIS #11293335

Oct 21, 2009

Listed (Active)

NTREIS #11293335

$729,000
DateEvent & SourcePrice
09/13/2024

Listed (Active)

NTREIS #20726419

$2,800,000
02/02/2023

Sold

NTREIS #20187141

01/25/2023

Pending

NTREIS #20187141

10/18/2022

Listed (Active)

NTREIS #20187141

$1,190,000
05/07/2012

Sold

NTREIS #11713999

04/02/2012

Pending

NTREIS #11713999

01/29/2012

Listed (Active)

NTREIS #11713999

$598,000
12/29/2009

Sold

NTREIS #11293335

12/04/2009

Pending

NTREIS #11293335

10/21/2009

Listed (Active)

NTREIS #11293335

$729,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 Terry Lane

Taxable ValueLand$1,851,150Additions-Total$1,851,150
Tax Record2024$22,917 ($1,910 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,099 SqFtAbove Grade Finished SqFt3,099 SqFtStories2Lot Size93,654 SqFtStyleSingle Family ResidenceYear Built1992CountyROCKWALLAPN3999-000A-0001-00-0RFireplace TypeSingle

Schools near 520 Terry Lane

This home is within Rockwall Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Linda Lyon Elementary School
PublicPK to 6

Maurine Cain Middle School
Public7 to 8

Rockwall-Heath High School
Public9 to 12

Rockwall Quest Academy
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

520 Terry Lane is a 2.15 ac of land for sale in Heath, TX 75032. This property was listed for sale on September 13, 2024 by Compass, it's currently listed at $2,800,000. It has been on the market for a total of 488 days and was last sold on February 2, 2023. This listing's school district is Rockwall Independent School District. Nearby schools include Linda Lyon Elementary School, Maurine Cain Middle School and Rockwall-Heath High School. 520 Terry Lane is a 0-bed, 0-bath, 2.15 ac of land on a 93,654 sq. ft. / 2.15 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/14/2026 02:48 PM