$1,700,000
512 Terry Ln, Heath, TX, 75032
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SELLER NOW OFFERING $50,000 for removal of existing home with acceptable offer. Location, location, location! You've heard these words before, and there is no better way to describe this property. Boating enthusiasts will be interested to know it is located on the deepest part of Lake Ray Hubbard, making this property is a gem. The house is in good condition, but the true value is in the land. This 2 bedroom, 2 bath, 2 car-garage home sits on 1.35 acres, but with the addition of the leasable take area which is owned by the City of Dallas and regulated by the City of Heath, the owners say that the usable land is closer to 2 acres (the land listing can be found at MLS #20996474). The bedrooms and bathrooms are large, and there are two large living areas. French doors open from the primary bedroom to the covered patio, which leads to the large backyard and lake front. There is an existing seawall and there is an option to build a private boat dock. You can also enjoy the public boat ramps at Terry Park, which is a short drive from the property. The property is located near major highways, medical facilities, shopping, dining, and entertainment. The Harbor at Rockwall is a hot spot for fun! Buyer and buyers agent to confirm all information. Please do not go on the property without an appointment.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Heath
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