Investment Opportunity Near Lake Ray Hubbard: 3-Bed Fixer-Upper in Heath, TX on Darrell Drive
Exceptional value and investment potential in Heath, Texas. Located moments from Lake Ray Hubbard and the Terry Park boat ramp, this single-story 3-bedroom, 2-bathroom residence offers 1,664 square feet of interior space with a 2-car garage, city water, and city sewer connections. Positioned in an established area with no HOA restrictions, this estate-owned property is being sold strictly as-is for land and structural value. A foundation repair estimate is already available in the transaction desk. This property presents prime upside for cash investors, builders, or renovators seeking entry into the Rockwall-Heath market, with the unique ability to purchase individually or bundle as a multi-property package deal with 116 Darrell Drive and 110 Gregory Lane.





See all 14 large pictures in the photos gallery
Location
Frequently Asked Questions
What is the condition of the home at 120 Darrell Drive in Heath, TX?
The property is being sold strictly in as-is condition as an estate sale and requires significant repairs, including foundation leveling. A completed foundation repair bid is available for review in the MLS transaction desk.
Can 120 Darrell Drive be purchased as part of a multi-property package deal?
Yes, this property can be acquired individually or assembled as a package deal alongside two other nearby estate properties located at 116 Darrell Drive and 110 Gregory Lane.
What type of financing is acceptable for 120 Darrell Drive?
Due to needed foundation leveling and as-is estate conditions, the seller is prioritizing all-cash offers or hard-money investor financing capable of closing without standard lender repair contingencies.
Is there a mandatory Homeowners Association (HOA) for 120 Darrell Drive?
No, this property is not governed by a mandatory Homeowners Association, meaning there are no monthly or annual HOA fees, nor restrictive architectural committees.
How close is this property to Lake Ray Hubbard boat ramps?
The property is situated just a few streets over from Terry Park, which features public two-lane boat ramps, courtesy docks, and vehicle-with-trailer parking on the eastern shores of Lake Ray Hubbard.
Which public school district serves 120 Darrell Drive in Heath, TX?
The property is located within the Rockwall Independent School District (Rockwall ISD), with zoned campuses typically including Dorothy Smith Pullen Elementary, Maurine Cain Middle School, and Rockwall-Heath High School.
What public utilities are connected to 120 Darrell Drive?
The residence is connected to full municipal infrastructure, including City of Heath public sewer and public water services, eliminating the need for private septic maintenance.
Are seller disclosures available for 120 Darrell Drive?
Because the sale is being conducted by an estate with no prior occupant knowledge of the premises, there is no standard seller's disclosure statement provided.
What is the square footage and lot layout of 120 Darrell Drive?
The single-story structure offers 1,664 square feet of gross interior living space, containing 3 bedrooms, 2 full bathrooms, and an attached 2-car garage.
What is the commute distance from Darrell Drive in Heath to downtown Dallas?
The property is situated approximately 25 to 30 miles east of downtown Dallas, with vehicular travel typically taking 35 to 45 minutes via FM 740 and Interstate 30 depending on traffic.