




$250,000
NAL Estimated Property Value555 Peninsula Dr, Honey Grove, TX, 75446
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About this property
Imagine building your dream house on 1.12 acres of peace and tranquility in an exclusive gated community on Texas’s hottest new lake, Bois D’Arc! You’ve probably heard the saying “everything is bigger in Texas”, well The Peninsula has put an exclamation point on that phrase by offering top of the line amenities like a multi-million dollar clubhouse with an infinity pool overlooking the almost 17,000 acre lake, a state of the art gym & outdoor fitness center, grilling stations, custom putt-putt golf course, a resident lounge with kitchen & bar, community playgrounds, and 4 miles of pristine shoreline. As if that wasn’t enough, future enhancements will include a community marina, tennis and pickleball courts, fenced dog park, playground, kayak & paddleboard launch, walking trails, and more! Only 60 miles north of Dallas, lake life is calling your name. Get away from all the hustle & bustle of city life, and enjoy the slower pace of lake living. The community is located on the biggest, widest, and deepest section of the lake and offer unmatched views of those glorious Texas sunsets. It’s prime real estate at its finest. Enjoy fishing for largemouth bass, crappie, and catfish or jump on your boat and cruise up and down the lake skiing, wakeboarding, and tubing. Bring your own builder and build at your own pace. This lot also makes a fantastic investment property. Build and lease short term on a lake that is rapidly growing in popularity and only half the size of Cedar Creek Lake. Search the address on YouTube for video.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Honey Grove
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