About 506 Terry Lane
INCREDIBLE RARE WATERFRONT OPPORTUNITY to build your dream lakefront estate along the beautiful shores of Lake Ray Hubbard. Embrace the solitude provided by the lush canopy of trees, creating a sanctuary apart from nearby surroundings. ENVISION your picturesque private waterfront experience located on the open water with a private boat dock allowing you to effortlessly launch your boat and jet skis onto Lake Ray Hubbard. Lake Ray Hubbard provides the lakefront living you are looking for. The land is clear and ready to build your custom paradise.
Status Change History
| Date | Details | Status |
|---|---|---|
| Aug 25, 2026 | Status Changed from Pending to Closed | Closed |
| Aug 20, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Aug 6, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Mar 21, 2026 | Price Reduced from $1,800,000 to $1,500,000 | $1,500,000 |
Features of 506 Terry Lane
| MLS® # | 20945180 |
|---|---|
| Price | $1,500,000 |
| Acres | 1.51 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Closed |
Community Information
| Address | 506 Terry Lane |
|---|---|
| Subdivision | E W Terrys Land |
| City | Heath |
| County | Rockwall |
| State | Texas |
| Zip Code | 75032-8810 |
Amenities
| Utilities | City Sewer, City Water, Concrete, Individual Water Meter |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Lake Front – Main Body, Retaining Wall – Other, Retaining Wall – Steel |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Few Trees, Interior Lot, Waterfront |
|---|
School Information
| District | Rockwall ISD |
|---|---|
| Elementary | Amy Parks-Heath |
| Middle | Cain |
| High | Heath |
Additional Information
| Date Listed | May 22nd, 2025 |
|---|---|
| Date Sold | August 21st, 2026 |
| Days on Market | 481 |
| Zoning | Residential |
Listing Details
| Agent | Patty Turner |
|---|---|
| Office | Keller Williams Rockwall |
| Contact Info | 972-772-7000 |