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$100,000

NAL Estimated Property Value

TBD Lake Drive, Enchanted Oaks, TX, 75156

Off MarketInfo
Baths0 Bath

About this property

Welcome to Enchanted Oaks Subdivision! This rare opportunity offers two connected wooded lots totaling over half an acre in one of the most desirable neighborhoods on Cedar Creek Lake. Tucked away on a quiet street just a short distance from a neighborhood boat ramp, the property backs to a natural drop in elevation that could potentially create a cove setting, with open water only a few houses down. Enchanted Oaks is known for its mature oak trees, peaceful atmosphere, and lake lifestyle amenities including a community pool with key access for just $100 annually (optional), two private boat ramps, and great roads for walking, biking, and golf carts. Fishing, boating, and water activities are right at your doorstep, and the city has approved relocating the community trash area to the trailer parking lot in the near future, further enhancing the neighborhood. Whether you envision building your dream lake home, a weekend getaway, or investing in one of Cedar Creek Lake’s most sought-after communities, this property offers endless potential—Enchanted Oaks is truly where lake life and good life come together!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
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: Enchanted Oaks

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TBD Lake Drive | Property Details | No Agent List