
512 Terry Ln Rockwall, TX 75032
Estimated payment $9,732/month
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
Ebby Halliday, REALTORS Brokerage Phone: 972-783-0000 License #0693548 Listed on: 07/10/2025

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
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 | $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 |
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 |
About the Listing Agent

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
Libby's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20996696

APN: 58887
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