Your Spot in Lakewood, Texas

Some addresses carry a certain energy, and Royal Drive North in the Lakewood Subdivision on Lake Palestine delivers exactly the kind of elevated East Texas living that the name suggests.

This 0.23-acre lot at 561 Royal Drive North in Cherokee County offers a clean, level, paved-road-accessible homesite in one of Bullard's most sought-after gated lake communities — and at $8,000 cash, it represents extraordinary value for everything that comes with it.

The lot measures a well-proportioned 70 by 140 feet, delivering 9,801 square feet of build-ready residential land with a 1,200 square foot minimum home size that reflects a neighborhood committed to quality. Both manufactured and mobile homes are fully permitted alongside conventional site-built construction, giving you meaningful flexibility in how and when you build. The level terrain keeps site preparation simple and cost-effective regardless of your chosen approach.

The Lakewood POA amenity package is genuinely impressive for the price. For just $184 per year — one of the lowest POA dues in the entire Gateway portfolio — residents enjoy a pool, a clubhouse with stunning lake views, a dedicated fishing pier, direct lake access to Lake Palestine, boat ramps, gated entry with on-site security, and community campsites. That combination of water access, security, and social amenities at this price point is simply hard to find anywhere in East Texas.

Power through Cherokee County Electric Cooperative and water through Southern Utilities are both available at the street, and a fully independent on-site sewer system puts your infrastructure entirely in your own hands from day one.

The gated entry and on-site security add a layer of peace of mind that makes this feel less like a lot purchase and more like joining an established, well-cared-for community.

Lake Palestine itself is the crown jewel of the area, offering world-class boating, water skiing, fishing, and lakeside recreation across one of East Texas's most beloved reservoirs.

Tyler, one of the state's fastest growing and most vibrant cities, is just 21 miles away for shopping, dining, and entertainment.

Annual taxes are $84 per year. Owner financing starts at $215 per month with no credit check required.

Royal living on Lake Palestine starts right here on Royal Drive North.