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$295,000

TBD Shadow Pine Drive, Larue, TX, 75770

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Waterfront Lake lot in a new gated Lake Palestine subdivision. This is your opportunity to enjoy waterfront lakeside living in a stunningly lush spot on the lake. There's only so much waterfront property, and this 1.176 acre lot is just about perfect in this humble agent's opinion! Gently sloping toward the water, this property has been cleared of brush, the canopy raised, and is ready for you to finish the job and pick the perfect spot for your new home and boathouse. This lot is located outside of the view of the bridge, which adds to the serenity of the picturesque lake view. Gated entrance, paved concrete roads, water, electric, internet infrastructure in place. Lake Palestine in the piney woods of East Texas spans over 25,000 acres and is a popular destination for boating, fishing, and water sports, featuring abundant largemouth bass, catfish, and crappie. The lake surrounded by woodlands and recreational parks, making it a favorite spot for camping and picnicking. It also hosts several waterfront communities. This would be a great spot for your vacation home; or with a drive of just 35 minutes to Tyler or Athens you could live here full-time very comfortably.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,250/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: Larue

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TBD Shadow Pine Drive | Property Details | No Agent List