$750,000
$49K PRICE DROP

8 Terrabella Ln Heath, TX 75032

Estimated payment $4,541/month

Total Views 6,572
1 Acres
$748,503 Price per Acre
43,647 Sq Ft Lot

Highlights

  • Interior Lot
  • Linda Lyon Elementary School Rated A
  • Landscaped

About This Lot

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.

Listing Agent

Yossi Barazani

Rad Realty Group LLC Brokerage Phone: 214-566-0156 License #0662721 Listed on: 01/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,827

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $135 Monthly HOA Fees

Schools

  • Amy Parks-Heath Elementary School
  • Heath High School

Community Details

  • Association fees include management
  • Terrabella Ln HOA
  • Terrabella Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 000000063737

Property Details

Property Type

Land

Est. Annual Taxes

$3,827

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • OWNERNAME: tax
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 214-566-0156
  • Co List Office Mls Id: EXPT01
  • Special Features: VirtualTour

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 1620.0
  • Association Fee Frequency: Annually
  • Association Name: Terrabella Ln HOA

Association/Amenities

  • DevelopmentStatus: Other, Streets Installed

Schools

  • Elementary School: Amy Parks-Heath
  • High School: Heath
  • Junior High Dist: Rockwall ISD

Lot Info

  • Lot Features: Cleared, Interior Lot, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 1.002
  • Parcel Number: 000000063737
  • Lot Size Acres: 1.002
  • Lot Size Sq Ft: 43647.12
  • Zoning Description: SFR

Tax Info

  • Tax Lot: 3
  • Tax Annual Amount: 3827.0

MLS Schools

  • MiddleOrJuniorSchool: Cain

Map

Range of Values:

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List Price
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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 $3,556 $248,820 $248,820 --
2023 $3,556 $418,200 $418,200 $0
2022 $6,114 $340,000 $340,000 $0
2021 $5,759 $288,000 $288,000 $0
2020 $5,682 $276,570 $276,570 $0
2019 $6,123 $285,120 $285,120 $0
2018 $6,356 $288,000 $288,000 $0
2017 $6,309 $279,360 $279,360 $0
2016 $6,504 $288,000 $288,000 $0
2015 $4,073 $180,000 $180,000 $0
2014 $4,073 $180,000 $180,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $750,000 -6.1% --
01/17/2025 01/17/25 For Sale $799,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $125,365 None Listed On Document
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $324,042 Unknown
Previous Owner $230,000 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20794965

North Texas Real Estate Information Systems (NTREIS)

APN: 63737