




$725,000
8 Terrabella Lane, Heath, TX, 75032
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About this property
Rare Opportunity to Build Your Dream Estate in Exclusive Terrabella! Enter a world of pure nature amidst some of the most refined homes and estates in Heath, TX, this property offers an ideal canvas for creating your exclusive lakeside estate! It's your chance to secure the LAST homesite in the prestigious Terrabella waterfront community, an enclave of ONLY TEN estates valued in the $$$Millions$$$, offering breathtaking views of Lake Ray Hubbard. These homes capture the magic of living near the most calming element on earth. Situated on a 1-acre homesite, this exquisite property provides the perfect setting for your dream home, with a minimum requirement of 5,000 sq. ft. of air-conditioned space. For reference, a neighboring lot at 6 Terrabella Lane sold for $2,000,000 in April 2024, underscoring the exceptional value and exclusivity of this community. Experience luxury living with Heath's highly rated schools, located in the sought-after community of Rockwall, TX, often awarded by Money Magazine as one of the top ten places to live, and within a 35-minute drive to the working hubs of Dallas and Collin Counties, convenience meets serenity.
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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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