Date
Details
Price
Change
Source
4/30/2026
Listed
$235,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$235,000
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Property Description
Rare opportunity to own a spacious 0.79-acre corner lot in the highly desirable Falcon Point community in Heath, TX. Nestled in an established luxury neighborhood, this homesite offers the perfect balance of privacy, space, and convenience-ideal for building your custom dream home or securing a long-term investment in one of DFW's most sought-after lake-adjacent markets.  Located just minutes from Lake Ray Hubbard, this property provides easy access to waterfront dining, marinas, scenic trails, and outdoor recreation, while still being a short drive to shopping, dining, and major commuting routes into Dallas.  Zoned to Rockwall-Heath ISD, known for its strong academic reputation, this lot is positioned for both lifestyle and long-term value.  Bring your own builder and design a home tailored to your vision-whether that's a modern estate, traditional build, or something entirely unique. With surrounding homes approaching the $800K-$1M+ range, the upside potential is clear for both end users and investors looking to capitalize on Heath's continued growth. If you've been waiting for the right lot to build in Heath, this is one of the few remaining options that checks both the lifestyle and investment boxes.
Full Property Details
Full Property Details for 140 Falcon Point Dr
General
- Price: $235,000
- HOA FEE: $54/month
- HOA FEE FREQ.: Annually
- Taxes: $3,825
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21253453
- Updated: 5/8/2026
- Added to Site: 28 day(s) ago
Location
- County: Rockwall
- Subdivision: Falcon Point Ph 2
- Driving Directions: Use GPS
School Information
- Elem School District: Rockwall ISD
- Midd School District: Rockwall ISD
- High School District: Rockwall ISD
- Elementary School: Amy Parks-Heath
- Middle School: Cain
- High School: Rockwall-Heath
Community
- Association: Yes
- Assoc. Name: Falcon Point HOA Magnolia Property Mgmt
- Assoc. Fees Include: All Facilities
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 0.787
- Lot Size (Sq. Ft.): 34,281.72
- Lot Features: Corner Lot, City Lot
- Zoning: None
Financial Considerations
- Association Fee: $650
- Assoc Fee Freq.: Annually
- Tax Amount: $3,825
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: FALCON POINT PH 2, BLOCK A, LOT 4
- Property ID: 64553
- Block: A
- Lot Number: 4
Listed by Monument Realty, Lora Karacic and Monument Realty, Zack Srisauy
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 140 Falcon Point Dr —
Lora Karacic
Monument Realty
Zack Srisauy
Monument Realty
314-599-7267
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 140 Falcon Point Dr
School District:Rockwall Independent School District
| Name | Grades | Distance |
|---|---|---|
Maurine Cain Middle School 6620 Fm 3097, Rockwall, TX 75032 | 7-8 | 2.3 mi |
Rockwall-Heath High School 801 Laurence Drive, Heath, TX 75032 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Falcon Point Dr
Tax History
Tax History for 140 Falcon Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,144
-17%
$240,000
—
2023
$3,774
72%
$240,000
62%
2021
$2,196
5%
$148,200
30%
2020
$2,100
-19%
$114,000
9%
2018
$2,577
1%
$105,000
-15%
2019
$2,539
-1%
$123,600
3%
2018
$2,577
57%
$120,000
62%
2017
$1,639
-8%
$74,260
-6%
2016
$1,784
—
$79,000
—
2015
$1,787
33%
$79,000
33%
2014
$1,341
53%
$59,250
48%
2013
$879
—
$39,960
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 Falcon Point Dr
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140 Falcon Point Drive, Heath, TX 75032 (MLS# 21253453) is a Lots/Land property with a lot size of 0.787 acres. 140 Falcon Point Drive is currently listed for $235,000 and was received on April 30, 2026. Want to learn more about 140 Falcon Point Drive? Do you have questions about finding other Lots/Land real estate for sale in Heath? You can browse all Heath real estate or contact a Coldwell Banker agent to request more information.