$2,495,000
$505K PRICE DROP

6 Terrabella Ln Heath, TX 75032

Estimated payment $14,882/month

Total Views 46,776
1 Acres
$2,495,000 Price per Acre
43,560 Sq Ft Lot

Highlights

  • Lake Front
  • Linda Lyon Elementary School Rated A
  • 1 Acre Lot

About This Lot

Spectacular 145 foot wide, one acre waterfront lot ready to build and considered one of the best waterfront locations in all of Heath, Texas. The is the flag lot of the neighborhood. Perched above Lake Ray Hubbard, this location offers the ultimate in privacy and breathtaking 180 degree panoramic views of the lake and the night light of Dallas. Nestled in the small exclusive community of Terrabella which is known as the quiet cul-de-sac neighborhood with only 10 homes in the neighborhood that are only multi million dollar homes. Not all lots are created equal, especially as it relates to custom homes on the waterfront where you are looking to create spectacular views from as many rooms as possible. If you are looking for privacy and one of the best locations for waterfront living in Heath, Texas this is a perfect opportunity. A new sea wall has recently been installed and ready for your boat dock. Do not miss out on this opportunity to build your custom dream home as there is no lot like this anywhere on Lake Ray Hubbard. Terms of Seller Financing subject to offer.

Listing Agent

Grant Whittle

VIP Realty Brokerage Phone: 972-822-9856 License #0649932 Listed on: 11/04/2025

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Stone Retaining Walls
  • Zoning described as Residential, Single Family

HOA Fees

  • $135 Monthly HOA Fees

Location

  • City Lot

Schools

  • Linda Lyon Elementary School
  • Cain Middle School
  • Heath High School

Community Details

  • Association fees include management
  • Terrabella HOA
  • Terrabella Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 000000063739

Property Details

Property Type

Land

Lot Details

1 Acres

HOA Fees

$135 per month

Listing Details

  • OWNERNAME: NONE
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Water Body Name: Ray Hubbard
  • Attribution Contact: 972-822-9856,972-822-9856
  • Co List Office Mls Id: VIPR01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48397:000000063739
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 1620.0
  • Association Fee Frequency: Annually
  • Association Name: Terrabella HOA

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Streets Installed

Schools

  • Elementary School: Linda Lyon
  • High School: Heath
  • Junior High Dist: Rockwall ISD

Lot Info

  • Lot Features: Acreage, Waterfront, City Lot, Retaining Wall
  • Lot Size Units: Square Feet
  • Lot Size Area: 43560.0
  • Parcel Number: 000000063739
  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Lot: 5

Multi Family

  • WaterfrontFeatures: Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Cain

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,719 $1,793,837 $1,793,837 --
2023 $15,719 $1,107,000 $1,107,000 $0
2022 $14,206 $790,000 $790,000 $0
2021 $15,797 $790,000 $790,000 $0
2020 $14,796 $720,230 $720,230 $0
2019 $15,945 $742,500 $742,500 $0
2018 $16,553 $750,000 $750,000 $0
2017 $16,428 $727,500 $727,500 $0
2016 $16,937 $750,000 $750,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2026 03/11/26 Price Changed $2,495,000 -9.3% --
01/13/2026 01/13/26 Price Changed $2,750,000 -8.3% --
11/04/2025 11/04/25 For Sale $3,000,000 +62.2% --
04/30/2024 04/30/24 Sold -- -- -- View Prior Sale
02/26/2024 02/26/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $1,850,000 +3.4% --
08/29/2022 08/29/22 Sold -- -- -- View Prior Sale
07/19/2022 07/19/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,790,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Cash Sale Deed -- None Available
Interfamily Deed Transfer -- Rtt
Vendors Lien -- Rtt
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,392,800 New Conventional
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $746,250 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

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    2006 Noe Blvd. is a beautiful .45 Acre waterfront property! One of the few remaining buildable waterfront properties in Heath, TX. The buyer will have the ability to design and build their own custom home at this location with no restriction on a construction start date. The seawall has already been constructed and in place. In addition to the .45 acres the property has an additional 0.38

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  • 13 Kensington Dr, Rockwall, TX 75032

    $1,250,000 Sold Apr 01, 2026

    • 4 Beds
    • 3.5 Baths
    • 4,047 Sq Ft
    • 13 Kensington Dr
    • Rockwall, TX

    Welcome to your DREAM HOME, 13 Kensington Drive. If you have been looking for a timeless, elegant and spacious home with privacy located in the heart of Heath, look no further. This is a MUST SEE ~ gorgeous 4 bedroom, 3.5 bath, South-facing, brick & stone home, on a 1+ acre corner lot, located in the highly sought after neighborhood of Stoneleigh. The home has a grand open floor plan (perfect for

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21104171

North Texas Real Estate Information Systems (NTREIS)

APN: 63739

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