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Days41Days on Market
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$275,000

159 Stafford Drive, Heath, TX, 75032

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size32,104 sqft

Land Information

APNS4923-000D-0018-00-0R
Lot Number18
SubdivisionStoneleigh Phase 5b
Land UseReal Property Inventory
Legal DescriptionSTONELEIGH PHASE 5B, BLOCK D, LOT 18
Census Tract040508
Assessed Land Value$255,000
Assessment Year2023

About this property

Rare opportunity to own a spacious 0.73-acre lot in the highly desirable community in Heath, TX. Nestled in an established luxury neighborhood, this homesite offers the perfect balance of privacy, space, and convenience—ideal for building your custom dream home or securing a long-term investment in one of DFW’s most sought-after lake-adjacent markets. Located just minutes from Lake Ray Hubbard, this property provides easy access to waterfront dining, marinas, scenic trails, and outdoor recreation, while still being a short drive to shopping, dining, and major commuting routes into Dallas. Zoned to Rockwall ISD, known for its strong academic reputation, this lot is positioned for both lifestyle and long-term value. Buyer must use the builder owner of lot for construction of home.

Investor Tools

$0Estimated Mortgage Balance
$255,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Lora Karacic

Monument Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$698/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,010
$255,000
2023
$255,000
N/A
$255,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,010
$255,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$255,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Heath

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