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2 Terrabella Ln, Heath, TX, 75032

5beds
7baths
6,444sqft
$2,995,000
$465price/sqft
$21,600/moest. monthly cost
$864,000/yrincome needed

About This Home

Experience timeless European elegance in this energy-efficient custom manor by Graduate Master Builder Rick McDonald, nestled on over an acre in the prestigious lakefront estate community of Terrabella on Lake Ray Hubbard. Surrounded by majestic oak and pecan trees with serene lake views, this 6,000+ sq ft masterpiece blends old-world charm with modern sophistication. A soaring beamed vaulted ceiling and Juliet balcony crown the grand family room, one of seven fireplaces found throughout the home. The flexible layout includes five spacious bedrooms, five full and two half baths, a private downstairs mother-in-law suite with full bath and its own utility room, a handsome office-library, game room, wet bar, and in-home theatre. The chef’s kitchen is both elegant and functional, featuring dual islands, premium appliances, a pot filler, and a walk-in pantry, seamlessly connected to the formal dining area and butler’s pantry. A custom wine cellar and built-in safe add to the home’s thoughtful amenities. One upstairs bedroom includes a charming loft, perfect as a playroom or study retreat. Outback takes you to a breathtaking covered outdoor living pavilion with fireplace, built-in grill, and dining space, framed by professional landscaping and a dramatic rock waterfall and river feature that creates a peaceful, resort-like setting. Additional highlights include a Porte Cochere, oversized utility room, European chimney pots, abundant storage, prewired sound system, and extensive millwork and custom cabinetry throughout. The primary suite offers a fireplace, spa-inspired bath, and a generous walk-in closet with custom shelving. Multiple zones of HVAC ensure year-round comfort, and energy-efficient construction provides lasting value. This exceptional home offers a rare blend of elegance, comfort, and inspired design just moments from Lake Ray Hubbard.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

8/10
7/10
7/10

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Combination
  • Roof: Composition
  • Construction materials: Brick,Rock,Stone,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: English,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Built-In Refrigerator,Dishwasher,Disposal,Gas Range,Ice Maker,Microwave,Plumbed For Gas,Range,Some Commercial Grade,Vented Exhaust Fan,Wine Cooler

Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 15 x 15

Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 14 x 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Wet Bar,Built-in Features,Chandelier,Cathedral Ceiling(s),Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,High Speed Internet,Kitchen Island,Loft,Multiple Staircases,Open Floorplan,Pantry,Vaulted Ceiling(s),Wired for Data,Walk-In Closet(s),Wired for Sound
  • Flooring: Carpet,Stone,Tile,Wood
  • Number of fireplaces: 7
  • Fireplace features: Bath,Den,Double Sided,Family Room,Gas Log,Gas Starter,Living Room,Masonry,Primary Bedroom,Outside,See Through
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s),Natural Gas,Zoned
  • Cooling features: Central Air,Ceiling Fan(s),Electric,Zoned

Interior Area

  • Total interior livable area: 6,444 sqft

Kitchen

  • Features: Breakfast Bar,Butler's Pantry,Dual Sinks,Eat-in Kitchen,Kitchen Island,Pantry,Pot Filler,Walk-In Pantry
  • Level: First
  • Dimensions: 21 x 15

Living Room

  • Features: Built-in Features,Fireplace
  • Level: First
  • Dimensions: 23 x 20

Master Bedroom

  • Features: Closet Cabinetry,Ceiling Fan(s),Dual Sinks,En Suite Bathroom,Fireplace,Hollywood Bath,Sitting Area in Primary,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 21 x 21

Other

  • Features: Built-in Features
  • Level: First
  • Dimensions: 0 x 0

Utility Room

  • Features: Built-in Features,Linen Closet,Utility Room,Utility Sink
  • Level: First
  • Dimensions: 14 x 7

Property

Details

  • Parcel number: 000000063743
  • Other equipment: Home Theater

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Built-in Barbecue,Barbecue,Fire Pit,Garden,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Living Area,Permeable Paving,Private Yard,Rain Gutters,Storage
  • Fencing: Wrought Iron

Lot

  • Lot size: 1.02 Acres
  • Features: Back Yard,Cleared,Interior Lot,Lawn,Landscaped,Level,Many Trees,Sprinkler System

Parking

  • Total spaces: 3
  • Parking features: Additional Parking,Circular Driveway,Drive Through,Driveway,Electric Gate,Gated,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Strong Wind

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$1,894$22,728
Property Taxes $3,855$46,260
Electricity $707$8,491
Total$21,600$259,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$740,571/yr
40% on housing$648,000/yr
45% on housing$576,000/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$465This listing

vs Other Active Listings

Avg $/sqft

ZIP 75032$232
Rockwall County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 75032$198
Rockwall County$170

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-06Listed for sale$2,995,000
2025-11-26Listing removed$2,994,000
2025-10-05Price change$2,994,000
2025-09-21Listed for sale$2,995,000
2025-09-20Listing removed$3,095,000
2025-07-29Price change$3,095,000
2025-05-22Listed for sale$3,200,000
2024-11-23Listing removed$15,000
2024-10-08Listed for rent$15,000
2024-03-04Listing removed--
2024-01-08Listed for rent$15,000
2023-12-19Listing removed--
2023-10-30Listed for rent$15,000
2009-04-27Sold--
2009-03-11Price change$1,342,303
2009-02-07Listed for sale$1,550,000

For Sale by Agent

AgentDamon Williamson
BrokerageAgency Dallas Park Cities, LLC

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