$1,700,000
$200K PRICE DROP

512 Terry Ln Rockwall, TX 75032

Estimated payment $9,732/month

Total Views 47,746
2 Beds
2 Baths
2,805 Sq Ft
$606 Price per Sq Ft

Highlights

  • Very Popular Property
  • Lake Front
  • Open Floorplan
  • Linda Lyon Elementary School Rated A
  • Community Boat Facilities
  • 3-minute walk to Terry Park

About This Home

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.

Listing Agent

Libby Odom

Ebby Halliday, REALTORS Brokerage Phone: 972-783-0000 License #0693548 Listed on: 07/10/2025

Ebby Halliday, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,044

Year Built

  • Built in 1985

Lot Details

  • 1.35 Acre Lot
  • Lake Front
  • Stone Retaining Walls
  • Few Trees
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Multiple Garage Doors
  • Circular Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,805 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Linda Lyon Elementary School
  • Heath High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 000000058887

Community Details

Overview

  • E W Terrys Land Subdivision
  • Community Lake

Recreation

  • Community Boat Facilities
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,044

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Jones
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Water Body Name: Ray Hubbard
  • Attribution Contact: 972-783-0000
  • Co List Office Mls Id: EBBY190
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1985

Interior Features

  • Square Footage: 2805.0
  • Fireplace Features: Family Room, Wood Burning
  • Interior Amenities: High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Boat Facilities, Lake, Park
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: Yes
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Circular Driveway, Concrete, Door-Multi, Driveway, Garage, Kitchen Level, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Central, Electric
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Electricity Connected, Septic Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Linda Lyon
  • High School: Heath
  • Junior High Dist: Rockwall ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Acreage, Back Yard, Lawn, Few Trees, Waterfront, Retaining Wall
  • Lot Size Units: Acres
  • Lot Size Area: 1.35
  • Parcel Number: 000000058887
  • Lot Size Acres: 1.35
  • Lot Size Sq Ft: 58806.0

Building Info

  • Year Built: 1985

Tax Info

  • Tax Lot: 11
  • Tax Annual Amount: 9044.0

Multi Family

  • WaterfrontFeatures: Lake Front, Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Cain

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,612 $588,013 -- --
2023 $4,612 $485,961 $0 $0
2022 $7,944 $441,783 $0 $0
2021 $8,031 $457,260 $278,100 $179,160
2020 $7,501 $365,110 $180,770 $184,340
2019 $7,637 $355,630 $174,150 $181,480
2018 $10,000 $591,510 $405,000 $186,510
2017 $9,302 $582,160 $396,900 $185,260
2016 $8,456 $573,790 $405,000 $168,790
2015 $6,730 $340,420 $162,000 $178,420
2014 $6,730 $345,050 $162,000 $183,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Price Changed $1,700,000 -10.5% $606 / Sq Ft
07/30/2025 07/30/25 For Sale $1,900,000 -- $677 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

About the Listing Agent

Libby Odom

Ebby Halliday, REALTORS

(469) 689-4858

Section Image

Hi, I’m Libby Phelps Odom, your real estate expert in Garland TX. I know Garland, because I’ve lived here all my life. I know the people of Garland, because I’ve served them in the GISD for 24 years. I celebrate this town on my Garland Goodies with Libby Facebook page. I’ve been a Realtor® here since 2017. If you are buying and/or selling real estate in Garland, you are looking for me, because I care about this town and the people who live here.

Buyers and sellers alike will benefit

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20996696

North Texas Real Estate Information Systems (NTREIS)

APN: 58887