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$799,000

NAL Estimated Property Value

520 Cove Ridge Road, Heath, TX, 76032

Off MarketInfo

About this property

Build Your Dream Home with Lake View and Access! Seize this rare opportunity to own a generous 31,974 sq ft (approx. 0.73 acres) replatted lot with direct access to the serene waters of Lake Ray Hubbard. Located in the prestigious Cove Ridge community of Heath, TX, this mostly cleared parcel is primed and ready for your custom home vision. Rare Direct Lake Access: Enjoy the luxury of stepping from your front door straight to the water—perfect for fishing, paddleboarding, or simply soaking in the tranquil lake views. Professional pictures to follow. No HOA Restrictions: Freedom to design and build your dream home without the constraints of a homeowners association. Mature Trees & Privacy: Surrounded by established trees, this lot offers a secluded ambiance while still being part of a mature, upscale neighborhood. Ready to Build: The lot is mostly cleared, saving you time and money during the construction process. Award-Winning School District: Situated within the acclaimed Rockwall ISD, providing excellent educational opportunities. Whether you envision a sprawling single-story retreat or a two-story masterpiece with expansive terraces, this lot provides the canvas for your architectural aspirations. Embrace the blend of natural beauty and modern convenience in a location that offers serenity and accessibility.

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$799,000
Estimated Property Value
$0Estimated Mortgage Balance
$799,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Heath

520 Cove Ridge Road | Property Details | No Agent List