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, ceaselessly function a wide range of properties. These can embody waterfront houses, residential heaps, acreage for leisure use, and business 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 obtainable 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 may very well be appropriate for growth or funding.

The world’s enchantment stems from the reservoir’s leisure draw, contributing to a thriving native economic system. Properties located close to this well-liked vacation spot can provide vital funding potential. The proximity to nature, coupled with the reservoir’s leisure alternatives, supplies a fascinating life-style for residents and attracts guests, fueling demand for a spread of lodging and providers. This historic significance of the reservoir as a key water useful resource additional contributes to the area’s identification and lasting enchantment.

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

1. Lakefront Properties

Lakefront properties characterize a big section of the true property market round Sam Rayburn Reservoir. These properties provide direct entry to the water, a extremely fascinating function for a lot of consumers searching for a leisure life-style or funding alternative. Understanding the nuances of lakefront possession is essential for navigating this specialised market.

  • Direct Waterfront Entry

    This main benefit permits house owners to interact in varied water actions immediately from their property, together with boating, fishing, and swimming. For instance, a property with a personal boat dock eliminates the necessity for public boat ramps and gives handy storage for watercraft. This comfort considerably enhances the property’s worth and enchantment.

  • View and Surroundings

    Lakefront properties typically command premium costs on account of unobstructed views of the water and surrounding panorama. The aesthetic enchantment of a waterfront setting contributes to a way of tranquility and supplies a singular life-style expertise. Properties with panoramic views or fascinating shoreline orientations have a tendency to draw greater gives.

  • 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, current properties change into extra priceless. This shortage issue contributes to the resilience of lakefront investments, even throughout market fluctuations.

  • Upkeep and Rules

    Possession includes particular obligations, resembling sustaining shoreline stability and adhering to laws concerning dock building and water utilization. Understanding native ordinances and environmental concerns is essential for accountable lakefront possession. For instance, permits may be required for shoreline modifications or dock installations.

These elements contribute to the distinctive enchantment and worth proposition of lakefront properties at Sam Rayburn Reservoir. Cautious consideration of those elements permits potential consumers to make knowledgeable selections aligned with their life-style 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 section of the true property market.

2. Residential heaps

Residential heaps characterize a good portion of the true 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 heaps contributes to the range of the market, catering to a spread of budgets and architectural kinds.

A number of elements contribute to the enchantment of residential heaps on this space. Proximity to the reservoir’s leisure facilities is a main driver, providing future owners handy entry to boating, fishing, and different water actions. Lot measurement and topography affect potential constructing designs and out of doors residing areas. For instance, a gently sloping lot with mature bushes may be splendid for a single-story residence with expansive decks, whereas a steeper lot might accommodate a multi-level design with views of the lake. Infrastructure availability, resembling utilities and street entry, is one other key consideration. Established subdivisions typically present these important providers, whereas extra distant heaps might require particular person effectively and septic programs. Restrictive covenants, if current, can affect architectural kinds and land utilization, sustaining neighborhood aesthetics and property values. The interaction of those elements determines the suitability of a residential lot for a selected purchaser’s imaginative and prescient.

Cautious analysis of those elements is crucial for knowledgeable buying selections. Analyzing lot traits, contemplating future constructing plans, and understanding the implications of restrictive covenants permits potential consumers to pick out heaps aligned with their long-term targets. The provision of residential heaps 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 characterize a definite section 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 growth, encompassing leisure makes use of, funding methods, and potential for business ventures. The connection between acreage and the broader Sam Rayburn property market is multifaceted, influenced by elements resembling 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 considering non-public waterfront retreats or creating unique residential communities. Acreage positioned additional inland could also be extra appropriate for leisure actions resembling searching, horseback using, or off-road car use. For instance, a big tract of wooded acreage with established trails might appeal to out of doors fanatics searching for a personal leisure retreat. Accessibility performs a key function in figuring out the practicality of creating acreage. Properties with available entry to utilities and established street networks are extra enticing for growth than distant parcels requiring vital 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 may very well be interesting for conservation or timber harvesting. Understanding these elements permits consumers to judge the suitability of acreage for his or her particular goals.

The provision of acreage close to Sam Rayburn Reservoir contributes to the range and total enchantment of the true 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 resembling location, accessibility, and land traits is crucial for making knowledgeable selections on this section of the market. Acreage choices broaden the probabilities 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 characterize a major factor of the general actual property market. These alternatives are immediately tied to the reservoir’s reputation as a leisure vacation spot, drawing guests and creating demand for varied items and providers. The interaction between tourism and business exercise contributes to the native economic system and shapes the kinds of business properties obtainable on the market.

A number of elements affect the viability and potential success of business ventures on this space. The inflow of vacationers throughout peak seasons creates demand for hospitality providers, resembling accommodations, 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, resembling building and upkeep providers, additionally profit from the elevated exercise. A building firm specializing in waterfront properties finds a distinct segment market throughout the Sam Rayburn space. The provision of appropriate business properties, resembling waterfront heaps for eating places or retail areas close to well-liked entry factors, immediately impacts the conclusion of those alternatives. Understanding native zoning laws and allowing processes is essential for creating and working business ventures in compliance with native ordinances. For example, a proposed restaurant growth close to the shoreline would require adherence to environmental laws concerning wastewater disposal and shoreline safety.

Business actual property round Sam Rayburn Reservoir gives various alternatives for traders and entrepreneurs. Understanding the connection between tourism-driven demand and obtainable business 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 business actions and the leisure draw of the reservoir creates a singular and probably profitable marketplace for discerning traders and enterprise operators.

5. Funding Potential

Funding potential represents a big driver throughout the Sam Rayburn property market. A number of elements contribute to this potential, creating alternatives for each short-term beneficial properties 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, significantly 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 obtainable land turns into extra scarce, current properties recognize, providing potential for vital returns over time. Strategic land acquisition, significantly in creating areas, presents additional funding alternatives. As infrastructure improves and facilities broaden, strategically positioned properties can recognize considerably, providing substantial returns for forward-thinking traders.

Analyzing market traits and understanding native growth plans supplies priceless insights for maximizing funding potential. Figuring out rising areas with deliberate infrastructure enhancements or elevated leisure entry can information strategic property acquisitions. For example, buying a property close to a proposed marina growth or a deliberate growth of leisure amenities can place traders for vital future beneficial properties. Due diligence, together with thorough property inspections and title searches, mitigates dangers and ensures sound investments. Understanding native laws concerning property growth and rental operations is crucial for navigating authorized and operational complexities. For instance, compliance with zoning laws and acquiring mandatory permits for rental operations ensures a easy and legally sound funding course of. Diversifying funding methods throughout the Sam Rayburn market, resembling buying a mixture of residential and business properties or combining rental revenue with long-term appreciation potential, can additional mitigate threat 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 elements and navigating the complexities of the native market, traders can place themselves for each short-term returns and long-term monetary progress. The dynamic nature of the Sam Rayburn actual property market presents distinctive alternatives for discerning traders searching for to capitalize on the enduring enchantment of this leisure vacation spot.

6. Market Circumstances

Market circumstances exert a big 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 circumstances immediately impression property values, negotiation methods, and the general tempo of gross sales exercise. For instance, in periods of excessive demand and restricted stock, properties are inclined to promote rapidly and infrequently at or above asking value. Conversely, in a purchaser’s market characterised by ample stock and fewer competitors, consumers have better negotiating energy, and costs could also be extra versatile. Monitoring market circumstances supplies priceless insights for knowledgeable decision-making and profitable outcomes in actual property transactions.

A number of elements contribute to the fluctuating nature of market circumstances within the Sam Rayburn space. Differences due to the season in tourism affect demand, with peak seasons sometimes experiencing elevated purchaser exercise and probably greater costs. Financial circumstances, each regionally and nationally, play a big function. Financial downturns can result in decreased demand and probably decrease property values, whereas durations of financial progress typically stimulate elevated shopping for exercise and value appreciation. Rates of interest immediately impression affordability and affect purchaser habits. Decrease rates of interest are inclined to stimulate demand, whereas rising charges can dampen purchaser enthusiasm and probably decelerate the market. Native growth tasks, resembling new marinas, resort expansions, or infrastructure enhancements, can even affect market circumstances by growing desirability and attracting new consumers. Understanding the interaction of those elements supplies priceless context for decoding market traits and anticipating future fluctuations.

Navigating the Sam Rayburn property market requires cautious consideration of prevailing market circumstances. Analyzing historic gross sales information, monitoring present stock ranges, and monitoring financial indicators present priceless insights for consumers and sellers. Partaking with skilled actual property professionals who possess native market experience gives additional steerage and facilitates knowledgeable decision-making. Understanding market circumstances will not be merely a passive remark; it is an lively element of profitable actual property transactions within the Sam Rayburn space, informing strategic planning, negotiation methods, and finally, profitable outcomes. Market dynamics considerably affect each purchaser and vendor habits, 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 popularity 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 obtainable 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 immediately caters to boating fanatics and considerably enhances property values. For instance, a waterfront property with a ship raise and devoted jet ski dock appeals on to consumers searching for instant entry to water sports activities.

  • Fishing

    Sam Rayburn Reservoir is famend for its glorious fishing alternatives, attracting anglers from throughout the area. Properties positioned close to well-liked fishing spots or providing entry to fishing guides and tournaments profit from this devoted angler base. A property with a personal fishing pier or located close to a recognized bass fishing space attracts a distinct segment market section and probably instructions the next value. The reservoir’s popularity for producing trophy-sized fish additional enhances its enchantment to severe anglers.

  • Tenting and Mountain climbing

    The encircling areas provide quite a few tenting and mountain climbing alternatives, attracting out of doors fanatics 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 assist various wildlife populations, creating alternatives for birdwatching and wildlife viewing. Properties positioned close to wildlife sanctuaries or providing secluded remark factors appeal to nature fanatics. A property with established chicken feeders or located close to a recognized migratory chicken route appeals to a specialised section of the market. This side of the reservoir’s ecosystem provides one other dimension to the leisure alternatives obtainable.

The varied leisure alternatives obtainable at Sam Rayburn Reservoir contribute considerably to the enchantment 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 popularity 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 economic system surrounding Sam Rayburn Reservoir is inextricably linked to the true property market. The reservoir’s function as a big leisure vacation spot creates a ripple impact, influencing varied financial sectors and impacting property values, growth traits, and funding alternatives. Understanding this interconnectedness supplies priceless 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 economic system. Companies catering to guests, resembling marinas, eating places, lodging suppliers, and leisure tools leases, immediately profit from this inflow. Elevated tourism interprets to greater demand for associated providers, creating job alternatives and stimulating financial progress. This financial exercise positively influences the true property market, driving demand for each business and residential properties. For instance, the success of a lakeside restaurant can improve the worth of close by business 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 building and growth actions. New residential developments, business tasks, and infrastructure enhancements contribute to the native economic system by creating jobs and producing income. This growth exercise, in flip, influences property values and shapes the panorama of the true property market. For example, the development of a brand new marina can improve the desirability of close by waterfront properties, whereas street enhancements and utility expansions can open up new areas for growth, influencing land values and attracting additional funding.

  • Actual Property Gross sales and Companies

    The actual property business itself performs a big function within the native economic system. Actual property brokers, brokers, appraisers, and title firms immediately 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 quantity of actual property transactions serves as an indicator of the native economic system’s well being and displays the extent of confidence available in the market.

  • Supporting Industries

    Numerous supporting industries, resembling property administration, upkeep providers, landscaping, and safety providers, not directly profit from the true property market. These companies cater to the wants of property house owners 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 business properties. The interdependence of those supporting industries and the true property market reinforces the interconnectedness of the native economic system.

The well being and vitality of the native economic system surrounding Sam Rayburn Reservoir are intricately linked to the true property market. Tourism-driven demand, building exercise, actual property transactions, and supporting industries contribute to a dynamic financial ecosystem that immediately influences property values and funding alternatives. Understanding this interconnectedness supplies priceless insights for navigating the complexities of the Sam Rayburn property market and making knowledgeable selections 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 varied wants and preferences of consumers searching for leisure properties, retirement houses, or funding alternatives. Understanding the impression of those options is essential for navigating the market successfully. Waterfront entry, a extremely sought-after attribute, immediately 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 selected section of consumers and infrequently instructions the next value 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 infrequently replicate this of their market worth. The presence of mature bushes, landscaping, and out of doors residing areas additional enhances a property’s enchantment. A well-maintained garden with established bushes supplies shade and aesthetic enchantment, whereas a spacious deck or patio overlooking the lake creates an inviting out of doors residing house. These options contribute to a property’s total worth proposition and affect purchaser selections.

Past waterfront options, structural traits and inside facilities additionally play a big function. The dimensions and format of a house, the standard of building supplies, and the presence of recent facilities affect purchaser preferences and market worth. For example, a not too long ago renovated residence with up to date home equipment and energy-efficient options would possibly appeal to consumers searching for a move-in prepared property and command the next value than a comparable residence requiring renovations. Options resembling fireplaces, connoisseur kitchens, or residence theaters cater to particular life-style preferences and contribute to a property’s total enchantment. For funding properties, rental potential is an important consideration. Options that appeal to renters, resembling proximity to leisure facilities, well-maintained interiors, and ample parking, contribute to a property’s income-generating potential and affect funding selections. Understanding how these options impression 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 selections aligned with their particular person targets and goals.

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, immediately impression 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.

Steadily Requested Questions

Potential consumers and sellers typically have recurring questions concerning 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 sometimes obtainable close to Sam Rayburn Reservoir?

Out there waterfront properties vary from single-family houses and townhouses to vacant heaps appropriate for customized building. 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 impression property values and value?

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

Query 3: Are there particular laws concerning dock building and upkeep for waterfront properties?

Native authorities and reservoir administration businesses typically have particular laws concerning dock building, allowing, and upkeep. Consumers ought to analysis these laws earlier than buying waterfront property.

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

Waterfront entry, proximity to facilities, property measurement, and the situation of current buildings are key elements influencing property values. Market circumstances and up to date gross sales information additionally play a big function.

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

Property tax charges fluctuate relying on the placement and assessed worth of the property. Consulting with native tax authorities supplies correct data concerning particular tax charges and potential exemptions.

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

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

Addressing these ceaselessly 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 provide 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 information 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 assorted elements. The following pointers present steerage for potential consumers and sellers searching for profitable outcomes.

Tip 1: Interact Native Experience: Consulting with actual property brokers specializing within the Sam Rayburn space supplies invaluable market insights. Native experience gives 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 Completely: Complete analysis is crucial. Analyzing current gross sales information, property listings, and native growth 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 resembling water depth, shoreline stability, dock allowing, and potential flood dangers warrant cautious consideration. Understanding historic water stage fluctuations and their impression on particular properties is essential.

Tip 4: Examine Rigorously: Thorough property inspections are important. Partaking certified inspectors to evaluate structural integrity, plumbing, electrical programs, and potential environmental issues safeguards consumers towards unexpected points. For waterfront properties, specialised inspections addressing dock circumstances and shoreline stability are beneficial.

Tip 5: Think about Leisure Wants: Aligning property decisions with leisure targets is essential. Consumers ought to think about proximity to desired actions, resembling 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 growth plans and infrastructure enhancements supplies insights for strategic funding selections.

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 pointers provide sensible steerage for navigating the complexities of the Sam Rayburn actual property market. Cautious consideration of those elements 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 elements influencing actual property transactions on this distinctive space. From lakefront properties and residential heaps to acreage and business alternatives, the varied vary of choices caters to a wide range of purchaser preferences and funding methods. Market circumstances, leisure actions, the native economic system, and particular property options play vital roles in figuring out property values and influencing purchaser and vendor habits. Understanding the interaction of those elements supplies an important framework for navigating the complexities of the Sam Rayburn actual property panorama.

The Sam Rayburn Reservoir’s enduring enchantment 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 introduced by Sam Rayburn property on the market.