140 Falcon Point Dr Rockwall, TX 75032
Estimated payment $1,647/month
About This Lot
Rare opportunity to own a spacious 0.79-acre corner lot in the highly desirable Falcon Point 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-Heath ISD, known for its strong academic reputation, this lot is positioned for both lifestyle and long-term value. Bring your own builder and design a home tailored to your vision—whether that’s a modern estate, traditional build, or something entirely unique. With surrounding homes approaching the $800K–$1M+ range, the upside potential is clear for both end users and investors looking to capitalize on Heath’s continued growth.
If you’ve been waiting for the right lot to build in Heath, this is one of the few remaining options that checks both the lifestyle and investment boxes. Buyer must use the builder owner of lot for construction of home.
Listing Agent
Monument Realty Brokerage Phone: 314-599-7267 License #0758562 Listed on: 04/30/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,825
Lot Details
- 34,282 Sq Ft Lot
- Corner Lot
HOA Fees
- $54 Monthly HOA Fees
Schools
- Amy Parks-Heath Elementary School
- Cain Middle School
- Rockwall-Heath High School
Additional Features
- City Lot
- Cable TV Available
Community Details
- Association fees include all facilities
- Falcon Point HOA Magnolia Property Mgmt Association
- Falcon Point Ph 2 Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / A
- Assessor Parcel Number 000000064553
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,825 | $240,000 | $240,000 | -- |
| 2023 | $3,144 | $240,000 | $240,000 | -- |
| 2022 | $2,665 | $148,200 | $148,200 | $0 |
| 2021 | $2,280 | $114,000 | $114,000 | $0 |
| 2020 | $2,157 | $105,000 | $105,000 | $0 |
| 2019 | $2,654 | $123,600 | $123,600 | $0 |
| 2018 | $2,649 | $120,000 | $120,000 | $0 |
| 2017 | $1,677 | $74,260 | $74,260 | $0 |
| 2016 | $1,784 | $79,000 | $79,000 | $0 |
| 2015 | $1,341 | $79,000 | $79,000 | $0 |
| 2014 | $1,341 | $59,250 | $59,250 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $235,000 | +4.5% | -- | |
| 09/19/2025 09/19/25 | Sold | -- | -- | -- | View Prior Sale |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- | |
| 06/25/2025 06/25/25 | Price Changed | $224,900 | -11.8% | -- | |
| 03/12/2025 03/12/25 | Price Changed | $255,000 | -7.3% | -- | |
| 12/09/2024 12/09/24 | For Sale | $275,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Avant National Title | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | Title Resources |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,500 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21253453
APN: 64553
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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Ask me questions while you tour the home.