9+ Sam Rayburn Lake Properties For Sale


9+ Sam Rayburn Lake Properties For Sale

Actual property listings round Sam Rayburn Reservoir, a big impoundment in East Texas, continuously function a wide range of properties. These can embody waterfront houses, residential tons, acreage for leisure use, and industrial alternatives catering to tourism and native companies. The reservoir’s reputation as a vacation spot for boating, fishing, and different water actions typically influences the kinds of properties out there and their market worth. For instance, a lakefront property with a ship dock may be marketed towards leisure consumers, whereas a big tract of land might be appropriate for improvement or funding.

The world’s attraction stems from the reservoir’s leisure draw, contributing to a thriving native financial system. Properties located close to this standard vacation spot can supply important funding potential. The proximity to nature, coupled with the reservoir’s leisure alternatives, supplies a fascinating way of life for residents and attracts guests, fueling demand for a variety of lodging and companies. This historic significance of the reservoir as a key water useful resource additional contributes to the area’s id and lasting attraction.

This demand creates a dynamic market with various alternatives for consumers and sellers. Understanding the various kinds of properties out there, their particular options, and the prevailing market situations are important for profitable actual property transactions within the space. Additional exploration of those subjects will present a extra complete overview of the actual property panorama surrounding Sam Rayburn Reservoir.

1. Lakefront Properties

Lakefront properties symbolize a major phase of the actual property market round Sam Rayburn Reservoir. These properties supply direct entry to the water, a extremely fascinating function for a lot of consumers searching for a leisure way of life or funding alternative. Understanding the nuances of lakefront possession is essential for navigating this specialised market.

  • Direct Waterfront Entry

    This major benefit permits homeowners to interact in varied water actions straight from their property, together with boating, fishing, and swimming. For instance, a property with a non-public boat dock eliminates the necessity for public boat ramps and provides handy storage for watercraft. This comfort considerably enhances the property’s worth and attraction.

  • View and Surroundings

    Lakefront properties typically command premium costs because of unobstructed views of the water and surrounding panorama. The aesthetic attraction of a waterfront setting contributes to a way of tranquility and supplies a novel way of life expertise. Properties with panoramic views or fascinating shoreline orientations have a tendency to draw larger provides.

  • Funding Potential

    The restricted provide of lakefront property, mixed with constant demand, creates a robust potential for long-term worth appreciation. As waterfront land turns into more and more scarce, present properties grow to be extra worthwhile. This shortage issue contributes to the resilience of lakefront investments, even throughout market fluctuations.

  • Upkeep and Rules

    Possession entails particular duties, equivalent to sustaining shoreline stability and adhering to rules relating to dock development and water utilization. Understanding native ordinances and environmental issues is essential for accountable lakefront possession. For instance, permits may be required for shoreline modifications or dock installations.

These components contribute to the distinctive attraction and worth proposition of lakefront properties at Sam Rayburn Reservoir. Cautious consideration of those facets permits potential consumers to make knowledgeable choices aligned with their way of life and funding targets. The desirability of direct water entry, mixed with the potential for long-term appreciation, positions lakefront properties as a definite and sought-after phase of the actual property market.

2. Residential tons

Residential tons symbolize a good portion of the actual property choices round Sam Rayburn Reservoir. These undeveloped parcels current alternatives for consumers searching for to construct customized houses tailor-made to their particular wants and preferences. The provision of residential tons contributes to the variety of the market, catering to a variety of budgets and architectural types.

A number of components contribute to the attraction of residential tons on this space. Proximity to the reservoir’s leisure facilities is a major driver, providing future householders handy entry to boating, fishing, and different water actions. Lot dimension and topography affect potential constructing designs and out of doors residing areas. For instance, a gently sloping lot with mature timber may be supreme for a single-story dwelling with expansive decks, whereas a steeper lot might accommodate a multi-level design with views of the lake. Infrastructure availability, equivalent to utilities and highway entry, is one other key consideration. Established subdivisions typically present these important companies, whereas extra distant tons could require particular person effectively and septic techniques. Restrictive covenants, if current, can affect architectural types and land utilization, sustaining group aesthetics and property values. The interaction of those components determines the suitability of a residential lot for a selected purchaser’s imaginative and prescient.

Cautious analysis of those components is crucial for knowledgeable buying choices. Analyzing lot traits, contemplating future constructing plans, and understanding the implications of restrictive covenants permits potential consumers to pick tons aligned with their long-term targets. The provision of residential tons contributes considerably to the dynamic actual property market surrounding Sam Rayburn Reservoir, providing consumers the chance to create customized houses inside a fascinating leisure setting.

3. Acreage

Acreage listings symbolize a definite phase of the Sam Rayburn actual property market, catering to consumers searching for bigger land parcels for varied functions. The provision of acreage supplies alternatives past conventional residential improvement, encompassing leisure makes use of, funding methods, and potential for industrial ventures. The connection between acreage and the broader Sam Rayburn property market is multifaceted, influenced by components equivalent to location, accessibility, and land traits.

Proximity to the reservoir influences the worth and potential makes use of of acreage. Waterfront acreage instructions premium costs, typically attracting consumers desirous about non-public waterfront retreats or creating unique residential communities. Acreage positioned additional inland could also be extra appropriate for leisure actions equivalent to looking, horseback driving, or off-road car use. For instance, a big tract of wooded acreage with established trails might entice out of doors lovers searching for a non-public leisure retreat. Accessibility performs a key function in figuring out the practicality of creating acreage. Properties with available entry to utilities and established highway networks are extra engaging for improvement than distant parcels requiring important infrastructure funding. The topography and pure options of the land additionally affect its potential makes use of. Gently sloping acreage with fertile soil may be appropriate for agricultural functions, whereas closely wooded areas might be interesting for conservation or timber harvesting. Understanding these components permits consumers to judge the suitability of acreage for his or her particular aims.

The provision of acreage close to Sam Rayburn Reservoir contributes to the variety and total attraction of the actual property market. It supplies choices for consumers searching for bigger land parcels for varied functions, starting from leisure pursuits to funding methods. Cautious consideration of things equivalent to location, accessibility, and land traits is crucial for making knowledgeable choices on this phase of the market. Acreage choices broaden the chances past conventional residential properties, creating alternatives for a wider vary of consumers and contributing to the dynamic nature of the Sam Rayburn actual property panorama.

4. Business Alternatives

Business alternatives surrounding Sam Rayburn Reservoir symbolize a major factor of the general actual property market. These alternatives are straight tied to the reservoir’s reputation as a leisure vacation spot, drawing guests and creating demand for varied items and companies. The interaction between tourism and industrial exercise contributes to the native financial system and shapes the kinds of industrial properties out there on the market.

A number of components affect the viability and potential success of business ventures on this space. The inflow of vacationers throughout peak seasons creates demand for hospitality companies, equivalent to inns, eating places, and leisure tools leases. For instance, a marina providing boat leases and provides caters on to the leisure wants of tourists. Supporting industries, equivalent to development and upkeep companies, additionally profit from the elevated exercise. A development firm specializing in waterfront properties finds a distinct segment market throughout the Sam Rayburn space. The provision of appropriate industrial properties, equivalent to waterfront tons for eating places or retail areas close to standard entry factors, straight impacts the conclusion of those alternatives. Understanding native zoning rules and allowing processes is essential for creating and working industrial ventures in compliance with native ordinances. As an example, a proposed restaurant improvement close to the shoreline would require adherence to environmental rules relating to wastewater disposal and shoreline safety.

Business actual property round Sam Rayburn Reservoir provides various alternatives for traders and entrepreneurs. Understanding the connection between tourism-driven demand and out there industrial properties is crucial for profitable ventures. Analyzing market traits, contemplating seasonal fluctuations, and adhering to regulatory necessities contribute to long-term viability and contribute to the general financial vitality of the Sam Rayburn area. The dynamic interaction between industrial actions and the leisure draw of the reservoir creates a novel and doubtlessly profitable marketplace for discerning traders and enterprise operators.

5. Funding Potential

Funding potential represents a major driver throughout the Sam Rayburn property market. A number of components contribute to this potential, creating alternatives for each short-term positive aspects and long-term appreciation. The reservoir’s enduring reputation as a leisure vacation spot underpins constant demand for properties, driving worth and making a resilient market. This demand fuels potential for rental revenue, notably for trip houses and waterfront properties. For instance, a well-maintained lakefront property with fascinating facilities can generate substantial rental revenue throughout peak seasons, offsetting possession prices and offering a return on funding. Moreover, the restricted provide of waterfront property, coupled with growing demand, creates inherent shortage, contributing to long-term worth appreciation. As out there land turns into extra scarce, present properties admire, providing potential for important returns over time. Strategic land acquisition, notably in creating areas, presents additional funding alternatives. As infrastructure improves and facilities broaden, strategically positioned properties can admire considerably, providing substantial returns for forward-thinking traders.

Analyzing market traits and understanding native improvement plans supplies worthwhile insights for maximizing funding potential. Figuring out rising areas with deliberate infrastructure enhancements or elevated leisure entry can information strategic property acquisitions. As an example, buying a property close to a proposed marina improvement or a deliberate growth of leisure services can place traders for important future positive aspects. Due diligence, together with thorough property inspections and title searches, mitigates dangers and ensures sound investments. Understanding native rules relating to property improvement and rental operations is crucial for navigating authorized and operational complexities. For instance, compliance with zoning rules and acquiring needed permits for rental operations ensures a easy and legally sound funding course of. Diversifying funding methods throughout the Sam Rayburn market, equivalent to buying a mixture of residential and industrial properties or combining rental revenue with long-term appreciation potential, can additional mitigate danger and optimize returns.

Cautious consideration of market dynamics, strategic planning, and thorough due diligence are important for maximizing funding potential within the Sam Rayburn property market. The reservoir’s sustained reputation, mixed with the inherent shortage of fascinating properties, creates a compelling funding panorama. By understanding the interaction of those components and navigating the complexities of the native market, traders can place themselves for each short-term returns and long-term monetary development. The dynamic nature of the Sam Rayburn actual property market presents distinctive alternatives for discerning traders searching for to capitalize on the enduring attraction of this leisure vacation spot.

6. Market Circumstances

Market situations exert a major affect on actual property transactions round Sam Rayburn Reservoir. Understanding prevailing market dynamics, together with provide and demand, pricing traits, and stock ranges, is essential for each consumers and sellers. These situations straight affect property values, negotiation methods, and the general tempo of gross sales exercise. For instance, during times of excessive demand and restricted stock, properties are inclined to promote rapidly and sometimes at or above asking worth. Conversely, in a purchaser’s market characterised by ample stock and fewer competitors, consumers have larger negotiating energy, and costs could also be extra versatile. Monitoring market situations supplies worthwhile insights for knowledgeable decision-making and profitable outcomes in actual property transactions.

A number of components contribute to the fluctuating nature of market situations within the Sam Rayburn space. Differences due to the season in tourism affect demand, with peak seasons usually experiencing elevated purchaser exercise and doubtlessly larger costs. Financial situations, each regionally and nationally, play a major function. Financial downturns can result in decreased demand and doubtlessly decrease property values, whereas durations of financial development typically stimulate elevated shopping for exercise and worth appreciation. Rates of interest straight affect affordability and affect purchaser conduct. Decrease rates of interest are inclined to stimulate demand, whereas rising charges can dampen purchaser enthusiasm and doubtlessly decelerate the market. Native improvement tasks, equivalent to new marinas, resort expansions, or infrastructure enhancements, may also affect market situations by growing desirability and attracting new consumers. Understanding the interaction of those components supplies worthwhile context for decoding market traits and anticipating future fluctuations.

Navigating the Sam Rayburn property market requires cautious consideration of prevailing market situations. Analyzing historic gross sales information, monitoring present stock ranges, and monitoring financial indicators present worthwhile insights for consumers and sellers. Participating with skilled actual property professionals who possess native market experience provides additional steerage and facilitates knowledgeable decision-making. Understanding market situations shouldn’t be merely a passive commentary; it is an lively element of profitable actual property transactions within the Sam Rayburn space, informing strategic planning, negotiation methods, and in the end, profitable outcomes. Market dynamics considerably affect each purchaser and vendor conduct, shaping the panorama of actual property transactions across the reservoir.

7. Leisure Actions

Leisure actions are intrinsically linked to the Sam Rayburn property market. The reservoir’s repute as a premier leisure vacation spot considerably influences property values, purchaser demographics, and the kinds of properties in demand. Understanding the vary of leisure alternatives out there at Sam Rayburn Reservoir supplies essential context for evaluating property investments and understanding market dynamics.

  • Boating and Water Sports activities

    Boating, fishing, water snowboarding, and jet snowboarding are central to the Sam Rayburn expertise. Properties with direct waterfront entry, non-public boat docks, and handy entry to boat ramps command premium costs. The provision of those facilities straight caters to boating lovers and considerably enhances property values. For instance, a waterfront property with a ship carry and devoted jet ski dock appeals on to consumers searching for fast entry to water sports activities.

  • Fishing

    Sam Rayburn Reservoir is famend for its wonderful fishing alternatives, attracting anglers from throughout the area. Properties positioned close to standard fishing spots or providing entry to fishing guides and tournaments profit from this devoted angler base. A property with a non-public fishing pier or located close to a identified bass fishing space attracts a distinct segment market phase and doubtlessly instructions the next worth. The reservoir’s repute for producing trophy-sized fish additional enhances its attraction to critical anglers.

  • Tenting and Mountain climbing

    The encircling areas supply quite a few tenting and mountain climbing alternatives, attracting out of doors lovers searching for nature-based recreation. Properties positioned close to established campgrounds or offering entry to mountain climbing trails profit from this demand. Acreage appropriate for personal campsites or with established nature trails appeals to consumers searching for a secluded retreat. The proximity to nature-based actions enhances the water-based recreation and expands the vary of purchaser pursuits.

  • Birdwatching and Wildlife Viewing

    Sam Rayburn Reservoir and its surrounding areas help various wildlife populations, creating alternatives for birdwatching and wildlife viewing. Properties positioned close to wildlife sanctuaries or providing secluded commentary factors entice nature lovers. A property with established fowl feeders or located close to a identified migratory fowl route appeals to a specialised phase of the market. This side of the reservoir’s ecosystem provides one other dimension to the leisure alternatives out there.

The varied leisure alternatives out there at Sam Rayburn Reservoir contribute considerably to the attraction and worth of surrounding properties. Understanding the interaction between these actions and market dynamics is essential for consumers and sellers. Whether or not it is direct entry to boating and fishing or proximity to nature trails and wildlife viewing areas, leisure actions form purchaser preferences and affect property values. The reservoir’s repute as a leisure paradise underscores the shut relationship between spare time activities and actual property funding within the Sam Rayburn space.

8. Native Financial system

The native financial system surrounding Sam Rayburn Reservoir is inextricably linked to the actual property market. The reservoir’s function as a major leisure vacation spot creates a ripple impact, influencing varied financial sectors and impacting property values, improvement traits, and funding alternatives. Understanding this interconnectedness supplies worthwhile context for navigating the complexities of the Sam Rayburn property market.

  • Tourism and Recreation

    Tourism generated by the reservoir’s leisure draw fuels a good portion of the native financial system. Companies catering to guests, equivalent to marinas, eating places, lodging suppliers, and leisure tools leases, straight profit from this inflow. Elevated tourism interprets to larger demand for associated companies, creating job alternatives and stimulating financial development. This financial exercise positively influences the actual property market, driving demand for each industrial and residential properties. For instance, the success of a lakeside restaurant can improve the worth of close by industrial properties, whereas the recognition of trip leases drives demand for residential properties appropriate for short-term leasing.

  • Development and Improvement

    The demand for properties round Sam Rayburn Reservoir fuels development and improvement actions. New residential developments, industrial tasks, and infrastructure enhancements contribute to the native financial system by creating jobs and producing income. This improvement exercise, in flip, influences property values and shapes the panorama of the actual property market. As an example, the development of a brand new marina can improve the desirability of close by waterfront properties, whereas highway enhancements and utility expansions can open up new areas for improvement, influencing land values and attracting additional funding.

  • Actual Property Gross sales and Companies

    The true property business itself performs a major function within the native financial system. Actual property brokers, brokers, appraisers, and title firms straight profit from the shopping for and promoting of properties. A wholesome and lively actual property market generates income for these professionals and contributes to the general financial well-being of the area. The amount of actual property transactions serves as an indicator of the native financial system’s well being and displays the extent of confidence out there.

  • Supporting Industries

    Numerous supporting industries, equivalent to property administration, upkeep companies, landscaping, and safety companies, not directly profit from the actual property market. These companies cater to the wants of property homeowners and contribute to the general financial ecosystem surrounding the reservoir. For instance, a property administration firm specializing in trip leases advantages from the demand for short-term lodging, whereas landscaping and upkeep firms thrive on the maintenance of residential and industrial properties. The interdependence of those supporting industries and the actual property market reinforces the interconnectedness of the native financial system.

The well being and vitality of the native financial system surrounding Sam Rayburn Reservoir are intricately linked to the actual property market. Tourism-driven demand, development exercise, actual property transactions, and supporting industries contribute to a dynamic financial ecosystem that straight influences property values and funding alternatives. Understanding this interconnectedness supplies worthwhile insights for navigating the complexities of the Sam Rayburn property market and making knowledgeable choices aligned with each particular person funding targets and the broader financial panorama.

9. Property Options

Particular property options considerably affect desirability and worth throughout the Sam Rayburn actual property market. These options cater to the various wants and preferences of consumers searching for leisure properties, retirement houses, or funding alternatives. Understanding the affect of those options is essential for navigating the market successfully. Waterfront entry, a extremely sought-after attribute, straight impacts property values. Properties with non-public boat docks, boat ramps, or devoted shoreline for fishing command premium costs. For instance, a property with a deep-water dock able to accommodating bigger boats attracts a particular phase of consumers and sometimes instructions the next worth per sq. foot than comparable properties with out such entry. Equally, properties providing expansive water views or advantageous shoreline orientations are thought of extra fascinating and sometimes replicate this of their market worth. The presence of mature timber, landscaping, and out of doors residing areas additional enhances a property’s attraction. A well-maintained garden with established timber supplies shade and aesthetic attraction, whereas a spacious deck or patio overlooking the lake creates an inviting out of doors residing area. These options contribute to a property’s total worth proposition and affect purchaser choices.

Past waterfront options, structural traits and inside facilities additionally play a major function. The dimensions and structure of a house, the standard of development supplies, and the presence of recent facilities affect purchaser preferences and market worth. As an example, a not too long ago renovated dwelling with up to date home equipment and energy-efficient options would possibly entice consumers searching for a move-in prepared property and command the next worth than a comparable dwelling requiring renovations. Options equivalent to fireplaces, gourmand kitchens, or dwelling theaters cater to particular way of life preferences and contribute to a property’s total attraction. For funding properties, rental potential is an important consideration. Options that entice renters, equivalent to proximity to leisure facilities, well-maintained interiors, and ample parking, contribute to a property’s income-generating potential and affect funding choices. Understanding how these options affect rental charges and occupancy ranges is crucial for maximizing return on funding. Analyzing the interaction of those options throughout the context of the broader Sam Rayburn market permits consumers and sellers to make knowledgeable choices aligned with their particular person targets and aims.

Cautious consideration of property options supplies an important framework for navigating the Sam Rayburn actual property market. These options, starting from waterfront entry and landscaping to inside facilities and structural traits, straight affect property values, purchaser preferences, and funding potential. Understanding the relative significance of those options throughout the particular context of the Sam Rayburn market empowers consumers to establish properties aligned with their wants and budgets, whereas sellers can successfully place their properties to draw potential consumers. Analyzing the interaction of those options throughout the broader market context contributes to knowledgeable decision-making and profitable outcomes within the Sam Rayburn actual property panorama.

Ceaselessly Requested Questions

Potential consumers and sellers typically have recurring questions relating to actual property transactions close to Sam Rayburn Reservoir. Addressing these frequent inquiries supplies readability and facilitates knowledgeable decision-making inside this particular market context.

Query 1: What kinds of waterfront properties are usually out there close to Sam Rayburn Reservoir?

Out there waterfront properties vary from single-family houses and townhouses to vacant tons appropriate for customized development. Docks, boat slips, and different waterfront facilities could also be included relying on the particular property.

Query 2: How do fluctuating water ranges within the reservoir affect property values and value?

Water ranges can affect shoreline entry and value of docks and boat ramps. Patrons ought to inquire about historic water stage fluctuations and their potential affect on particular properties.

Query 3: Are there particular rules relating to dock development and upkeep for waterfront properties?

Native authorities and reservoir administration companies typically have particular rules relating to dock development, allowing, and upkeep. Patrons ought to analysis these rules earlier than buying waterfront property.

Query 4: What are the first components influencing property values within the Sam Rayburn space?

Waterfront entry, proximity to facilities, property dimension, and the situation of present constructions are key components influencing property values. Market situations and up to date gross sales information additionally play a major function.

Query 5: What are the standard property tax charges for properties close to Sam Rayburn Reservoir?

Property tax charges fluctuate relying on the situation and assessed worth of the property. Consulting with native tax authorities supplies correct info relating to particular tax charges and potential exemptions.

Query 6: What are the out there financing choices for buying property on this space?

Numerous financing choices, together with standard mortgages, specialised leisure property loans, and native lender packages, could also be out there. Consulting with mortgage lenders specializing in leisure properties supplies tailor-made financing options.

Addressing these continuously requested questions supplies a place to begin for navigating the complexities of the Sam Rayburn property market. Additional analysis and session with native actual property professionals supply further insights tailor-made to particular person circumstances.

Understanding the nuances of this particular market ensures knowledgeable decision-making and profitable outcomes in actual property transactions. This data base assists each consumers and sellers in successfully navigating the complexities of waterfront property possession and maximizing their funding potential.

Ideas for Navigating the Sam Rayburn Actual Property Market

Navigating the Sam Rayburn actual property market requires cautious consideration of varied components. The following tips present steerage for potential consumers and sellers searching for profitable outcomes.

Tip 1: Have interaction Native Experience: Consulting with actual property brokers specializing within the Sam Rayburn space supplies invaluable market insights. Native experience provides essential data of pricing traits, property availability, and particular neighborhood traits. An skilled agent understands the nuances of waterfront properties, regulatory necessities, and leisure alternatives particular to the reservoir.

Tip 2: Analysis Totally: Complete analysis is crucial. Analyzing latest gross sales information, property listings, and native improvement plans informs consumers and sellers about market dynamics. Understanding present stock ranges, pricing traits, and potential future developments empowers knowledgeable decision-making.

Tip 3: Assess Waterfront Issues: Waterfront properties require particular evaluations. Components equivalent to water depth, shoreline stability, dock allowing, and potential flood dangers warrant cautious consideration. Understanding historic water stage fluctuations and their affect on particular properties is essential.

Tip 4: Examine Rigorously: Thorough property inspections are important. Participating certified inspectors to evaluate structural integrity, plumbing, electrical techniques, and potential environmental considerations safeguards consumers towards unexpected points. For waterfront properties, specialised inspections addressing dock situations and shoreline stability are really helpful.

Tip 5: Take into account Leisure Wants: Aligning property selections with leisure targets is essential. Patrons ought to contemplate proximity to desired actions, equivalent to boating, fishing, mountain climbing, or tenting. Properties providing facilities aligned with particular person leisure preferences improve enjoyment and potential resale worth.

Tip 6: Consider Funding Potential: Assessing funding potential requires analyzing rental revenue prospects, long-term appreciation potential, and market traits. Understanding native improvement plans and infrastructure enhancements supplies insights for strategic funding choices.

Tip 7: Safe Financing: Exploring financing choices early within the course of streamlines transactions. Consulting with lenders specializing in leisure properties or these acquainted with the Sam Rayburn market ensures entry to appropriate mortgage merchandise and aggressive rates of interest.

The following tips supply sensible steerage for navigating the complexities of the Sam Rayburn actual property market. Cautious consideration of those components contributes considerably to profitable outcomes for each consumers and sellers.

By integrating these insights into decision-making processes, stakeholders place themselves for favorable outcomes throughout the dynamic Sam Rayburn actual property panorama.

Sam Rayburn Property for Sale

This exploration of the Sam Rayburn property market has highlighted key components influencing actual property transactions on this distinctive space. From lakefront properties and residential tons to acreage and industrial alternatives, the various vary of choices caters to a wide range of purchaser preferences and funding methods. Market situations, leisure actions, the native financial system, and particular property options play important roles in figuring out property values and influencing purchaser and vendor conduct. Understanding the interaction of those components supplies an important framework for navigating the complexities of the Sam Rayburn actual property panorama.

The Sam Rayburn Reservoir’s enduring attraction as a leisure vacation spot underpins the sustained curiosity in surrounding properties. Cautious consideration of particular person wants, thorough analysis, and engagement with native experience are important for profitable outcomes on this dynamic market. As the realm continues to evolve, knowledgeable decision-making stays paramount for capitalizing on the alternatives offered by Sam Rayburn property on the market.