
$49,900
NAL Estimated Property ValueLot 3 Elm ST, Out of State, TX, 75497
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Interior
Exterior
About this property
This wonderful, wooded, waterfront lot on Lake Fork is more than an acre and half in size with approximately an additional acre in leaseback and is located in one of the best subdivisions on Lake Fork, Royal Oaks. Royal Oaks Subdivision is a gated community located right in the middle of the two forks on Lake Fork. This subdivision has its own private boat ramp for the property owners and their guests. All of the utilities are underground.Restrictions: Yes
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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: Out of State
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