Local fare...The Pelican Bar & Grill

Pelican Bar & Grill

Set to the side of Hwy 287 before crossing the bridge, you'll find the Pelican Bar & Grill. Seasonally open to serve locals residents and lake visitors alike, this casual outdoor eatery serves up a selection of hot & made to order grill food with friendly service in a great fun filled location. 

Lots of open air tables provide comfy seating as you dine, as well as a sizable bar area. The venue hosts a stage area for local musicians and is well lit with festive lighting for evenings. Large air moving units keep a great breeze going during your meal and a walk-in sand pit area, complete with a boat, tractor and sideline seating is the perfect place to entertain the kids!

You will find an excellent selection of grill style food sure to please every hungry person in your party as well as a selection of drinks! Personally recommended is the taco plate which you can choose from chicken, beef or shrimp.

Each taco comes with fresh made jalapeño ranch dressing, which is much loved and requested by those who frequent The Pelican. Our staff are frequent diners and we are happy to patron and support this local restaurant. They are currently open for lunch and dinner. You can visit their Facebook page for more details on the menu and seasonal hours. Hope to see you there...living the lakeside dream!

No Ifs, Ands or Putts About It!

Photo by Robert Ruggiero on Unsplash

 

You are living out your lakeside dreams here at Richland Chambers aren’t you? The water is fantastic, the fish are biting and your boat has never been happier! So, what’s missing? If you love to hit a few balls now and again, then you might be worried you’ve had to give up your golf in exchange for your new lake life. 

 

While we may not have a golf course here on the lake proper, we have compiled a list of golf courses within an of the lake (more or less depending on what part of the lake you live on.) So, don’t despair! You can pull out your clubs, dust off those golfing shoes and get ready for some un-fore-gettable day golfing trips. And after you’re all tee-d out, you can spend your evenings back here on the lake, looking at your own little slice of heaven! We would love to hear back from you if you've played any of the courses we have have listed. Links are listed down below!

• Corsicana Country Club
• The Oaks Golf Course
• Kings Creek Golf Course
• Indian Oaks Golf Course
• Pinnacle Golf & Boat Club
• Cedar Creek Country Club
• Athens Country Club
• Pine Dunes Golf Course
• Wildcat Golf Course
• The Old Brickyard Golf Club
• Waxahachie Country Club
• Tri-County Golf Club

Sip, Savor, Repeat.

Angelita Vineyard & Winery

Located in the quaint town of Angus, Texas you'll find the only vineyard & winery in Navarro County, Angelita Vineyard & Winery. In just 30 minutes, you can travel from Richland Chambers Lake to this boutique winery & vineyard for a unique experience not found anywhere else around our lake community. With a indoor tasting room and an outdoor patio area, there's plenty of space to enjoy the events that they often host and the live music that is frequently found on site. 

For your sipping pleasure, you'll be able to enjoy a generous selection of award winning red, white, blush and sparkling wines along with a delectable selection of appetizers. They have designed an experience combining fine winemaking with Texas hospitality...the perfecting pairing if you will. 

Great wine always begins with a great story. In 2010 Beverly & Rodney Spahn wanted to find a way to use their land in a unique way and this a vineyard was born. In the spring of that year as the first vines were planted, Rodney's mother Angelita passed away after a battle with illness and the Spahn family named the vineyard in her honor. She is remembered as a hard working woman, overcoming insurmountable obstacles to flourish and become a nourishment to all those around her...much like the vines that bear her name. 

Experience a wine tasting with keepsake glass, book a private wine tasting for you and guests or schedule a wine tasting event for a large group. The winery also can accommodate parties and special celebrations.

If you'd like to take home some of this local flair with you, you can shop in person or online. Curbside delivery is available, as well as home delivery (within certain distances.) You can visit Angelita Vineyard & Winery on social media by clicking these links: Facebook, Twitter, Instagram.

Make sure to plan a time to go out and visit this local destination. If you ever visited make sure to leave a us comment below and tell us your favorite wine!

 

Richland Chambers Market Update Jan 2020

Reflecting on 15 years of Market data for Richland Chambers Lake Property, we have survived Market Melt Downs, droughts and recessions.  We have thrived in a growing and budding community and have seen many changes in the Lake Area landscape.  New businesses and developments are popping up here and there around the lake. 

Three take aways stand out below:

•           The Waterfront home market has been improving in recent years.

•           The Waterfront lot market is on the same trend. 

•           Lake Area Inventories are falling and prices are rising.




There have been many changes but the one thing remains constant when looking at historical data, the market always rebounds.  Interest rates are predicted to remain stable in 2020, the economy is booming and with that, the market will continue to improve this year. 

 Beginning in 2015, we began seeing improvement in the Lake Market coinciding with the increase in average lake levels. During that time, our average sales price around the lake increased from $387,500 to $503,681.  The average price per square foot has increased by as much as 20 percent.

This Chart is Waterfront Homes on Less than 5 Acres

Inventories have declined in that time period which have caused prices to increase. 

There are currently only 16 waterfront homes active Lakewide!  

We should see new listings hit this Spring and that number will increase

as we go into the active season.  This is the lowest amount of inventory we have seen in many years. Simple economics tell us that when supply is low and demand is high, prices increase. And demand is at an all time high!

The Absorption Rate, the number of homes flowing through he market in a given price range, are at a record low in the under 500k range indicating it is a Seller's Market.  


What about Lake Lots?

Viewing the Richland Chambers Lake Lot market trends, they are consistent with the Lake home market trends.  There are currently 145 waterfront lots on the market.  There were 350+ waterfront lots for sale in Jan of 2015.  As you can see, we have moved quite a bit of waterfront dirt in the last few years. The average sales price for a waterfront lot in 2015 was $52,587.  In 2019, it was $76,899. The absorption rates are trending lower than in previous years but the inventories are adequate to prevent huge increases in lot values at the present. 

The future of the lake lot market will depend on the influx of new listings and the number of future developments.




Overall, this is great news for our Lake Community.   We are looking forward to an active Lake Market in 2020.

We want to help families make their waterfront dreams a reality as well as transitioning sellers to the next step for them.  Most of our Sellers are folks who have either retired here or had second homes for a Lake escape. The average time at the lake is 10 to 12 years for a family before transitioning away from the lake to get closer to medical or family members. Our goal is to make that transition as easy as possible. 




Give us  a call at (903) 874-0001 if you have questions about the information here or if you are interested in buying or selling at Richland Chambers Lake.  Have a great Spring!!  
See you on the water!