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$75,000

Lot 18 Open Water Way, Streetman, TX, 75859

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to Southpoint on Richland Chambers Lake, where peaceful lake living meets the perfect place to build your custom dream home. This beautiful 1.01-acre off-water homesite offers breathtaking lake views within one of the area's most desirable gated communities. Whether you're looking for a full-time residence or a weekend retreat, this property provides the ideal setting to enjoy the relaxed lifestyle that makes Richland Chambers Lake so special. Located in Streetman, Texas, Richland Chambers Lake is conveniently situated halfway between Dallas-Fort Worth and Houston, making it an easy escape from the city while remaining close enough for everyday convenience. As one of Texas' premier recreational lakes, Richland Chambers is renowned for its outstanding fishing, boating, and wide-open water. Southpoint residents enjoy an exceptional collection of community amenities, including gated access, a private boat ramp and fishing pier, and a sparkling swimming pool with an outdoor pavilion—perfect for gathering with family and friends after a day on the water. Protect your investment with community building standards requiring a minimum of 1,600 square feet for a one-story home or 2,000 square feet for a two-story home, ensuring a well-maintained neighborhood of quality custom residences. Bring your builder, your plans, and your vision to create the lake home you've always imagined. With beautiful views, outstanding amenities, and easy access to one of Texas' favorite lakes, this Southpoint homesite is ready to become your personal lakeside retreat.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month

Interested in this property?

Julie Teel

RE/MAX Lakeside Dreams

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$695/month
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Streetman

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Lot 18 Open Water Way | Property Details | No Agent List