178 Balmorea Dr, Bullard, TX 75757 — Lot 90, Block 4, Lakewood…

Beautiful lot in the gated Lakewood community on Lake Palestine!

178 Balmorea Dr, Bullard, TX 75757 — Lot 90, Block 4, Lakewood Subdivision

0.186 acres, wooded and private, on a quiet cul-de-sac street

Bullard ISD schools

As a Lakewood owner you get the community amenities: lake access to Lake Palestine, boat ramp, fishing pier, swimming pool, clubhouse, picnic areas, campsites, and gated entry with security. Manufactured homes, modular, and site-built homes are allowed in the subdivision. Utility service exists in the area — but buyers must confirm current availability, hookup, and costs for this specific lot directly with the utility providers and the county before buying; the seller makes no representation about utilities for this lot.

ABOUT THIS LOT: Lot 90 sits on Balmorea Drive, a quiet cul-de-sac street inside the subdivision. It is 0.186 acres (about 8,141 square feet) of wooded East Texas land — tall pines and hardwoods, private and shaded, with no structures on it. The subdivision allows manufactured, modular, and site-built homes. The buyer should verify utilities, hookups, septic feasibility, and soil for their own plans with the providers, the county, and their own professionals before buying — the seller has not had the lot engineered or soil-tested, and makes no claim about what can be built on it.

ABOUT THE AREA: Bullard is one of the fastest-growing small towns in East Texas, on US-69 in the Piney Woods about 20 minutes south of Tyler — so Tyler's hospitals, shopping, dining, and jobs are an easy drive while you live country-quiet. Families move here for Bullard ISD, consistently rated among the top school districts in East Texas. And Lake Palestine is right here: roughly 25,560 acres of water with about 135 miles of shoreline, public boat ramps, and well-known fishing for bass, crappie, and catfish. Dallas is about 100 miles west.

PRICE: $4,800

Seller financing available — only $200 down!

Discount available for a cash buyer — message me

Similar Lakewood lots are listed at $8,000–$14,000. This one is priced low for one reason, stated in full below.

PLEASE READ — FULL DISCLOSURE:

There are approximately $1,300 in back taxes owed on this property, and approximately $2,000 in HOA/POA dues owed to the Lakewood POA. Please verify the exact amounts with the tax offices and the POA directly (contact info below) before you buy. Contact the county for the exact tax amount, and contact the Lakewood POA for the exact HOA/POA amount.

The seller will NOT be paying any of these amounts — not at closing, and not during any financing term. The buyer assumes ALL past, current, and future taxes, POA/HOA dues, and related charges. Under seller financing, the buyer is responsible for paying the taxes and dues directly to the county and the POA — either in full, or on a payment plan the buyer sets up with them — and for keeping them current for the entire term of the contract. That is exactly why the price is what it is. During any seller-financing term, the buyer pays the taxes and HOA/POA dues directly to the county and the POA, or on the buyer's own payment plan with them, never through the seller, and must keep them current. The seller does not pay them.

WHO TO CONTACT TO VERIFY (public offices — please call them, don't just take my word for it):

- Cherokee County Tax Assessor-Collector (Rusk, TX) — (903) 683-5478 — Account 430173090 — cherokee.propertytaxpayments.net

- Smith County Tax Office (Tyler, TX) — (903) 590-2920 — Account 430173090CHE — publictax.smith-county.com

- Lakewood POA (Bullard, TX) — (903) 825-6446 — lkwpoa@gmail.com

SOLD AS-IS, WHERE-IS, with all faults. No warranties of any kind.

The photos and drone video of this lot were taken in 2021. Vegetation and conditions change — the lot may be more overgrown now than it appears in the pictures. Nothing in the photos is a promise of the lot's current condition. Please visit the property in person (or send someone) to see its present state before buying.

All information in this listing is deemed reliable but is NOT guaranteed by the seller. Buyer is responsible for independently verifying everything that matters to them — acreage and boundaries, taxes, POA/HOA dues, access, zoning, utilities, and condition — with the county, the POA, and their own inspection.

Message me with any questions.