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.
Lot/land
$745,000
8 Terrabella Ln, Heath, TX 75032
--beds
--baths
1Acres
Unimproved Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$135/mo HOA
What's special
- 104 days |
- 112 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: August 31, 2025 at 11:10pm
Listed by:
Yossi Barazani 0662721 214-566-0156,
Rad Realty Group LLC 214-566-0156
Source: NTREIS,MLS#: 21047263
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1 Acres
- Features: Cleared, Interior Lot, Landscaped
Details
- Parcel number: 000000063737
- Zoning description: SFR
Utilities & green energy
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Terrabella
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $1,620 annually
- HOA name: Terrabella Ln HOA
- HOA phone: 972-977-7491
Location
- Region: Heath
Financial & listing details
- Tax assessed value: $248,820
- Annual tax amount: $3,827
- Date on market: 8/31/2025
- Cumulative days on market: 31 days
Estimated market value
Not available
Estimated sales range
Not available
$2,481/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2025 | Price change | $745,000-0.7% |
Source: NTREIS #21047263 Report a problem | ||
| 3/6/2025 | Price change | $750,000-6.1% |
Source: NTREIS #20794965 Report a problem | ||
| 1/17/2025 | Listed for sale | $799,000 |
Source: NTREIS #20794965 Report a problem | ||
| 6/26/2024 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $248,820 +10% |
| 2024 | $3,827 -41.8% | $226,200 -45.9% |
| 2023 | $6,577 +7.6% | $418,200 +23% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 75032
Nearby schools
GreatSchools rating
- 8/10Linda Lyon Elementary SchoolGrades: PK-6Distance: 2.8 mi
- 7/10Maurine Cain Middle SchoolGrades: 7-8Distance: 3.1 mi
- 7/10Rockwall-Heath High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Amy Parks-Heath
- Middle: Cain
- High: Heath
- District: Rockwall ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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