Richland Chambers Real Estate August 2018

 The Real Estate Market around Richland Chambers is in a state now that we have never seen before around the lake.  There have been as many waterfront homes sell in the last 90 days as are for sale today. Yes. 34 homes on the water have sold in the last 90 days and today 34 active listings make up the available waterfront home inventory.  Think about that for a minute.  If all things were equal and the current rate continued (perfect world kind of stuff) every available waterfront home would sell and there would be nothing for sale by November.  Wow, that is a crazy thought.  We've been out here for 10 years and the real estate home market is the best it has been in that time and probably ever.  We are a relatively young market (the lake filled in 1989) so the number of homes on the lake ten years ago compared to today on the lake was much less.  So there weren't as many homes to sell as there are today.

There have been as many waterfront homes sell in the last 90 days as are for sale on the lake today.

In 2015 we saw as many as 110 waterfront homes on the market in July of that year.  The lake had just filled that spring and the housing market in general was improving all over the country.  Since then there have been  a total of  213 waterfront homes on Richland Chambers sell through today. So if you have a home on or around Richland Chambers and are thinking about selling now may very well be best time ever.  Simple economics tell us that low supply and high demand means increased value.  

As a buyer if you have been searching for a waterfront home on any lake in Texas Richland Chambers still represents the best value for waterfront property anywhere.  The unspoiled beauty, uncrowded water plus getting in on the early stages of what is destined to be the best waterfront community in the State make this area the best waterfront investment available.

Call us for more info!!

The Shores on Richland Chambers Lake, what's going on in there?

New house on Deepwater Cove

The Shores on Richland Chambers Lake is the biggest subdivision on RC Lake. It is over 600 acres with about 620 lots.  The Shores was developed later in the life of Richland Chambers (from the best I can remember 2004-5 or so). The developer, Texas Land and Lakes, finished up and pulled out late in the spring of 2009.
The subdivision has maintained it's amenities, common areas, and roads very well and the place looks great to this day.  It is conveniently located right off of US 287 on the Corsicana side of the bridge and is gated 24 hours a day to provide security for residents and minimize drive through traffic.
So after 8 years of autonomy over 12 years or so of existence, 3 drought years and a housing market crash, how is the neighborhood doing?

New construction on Sailboat Drive

I had the pleasure a week or so ago of interviewing Gary Sharon who is a resident of The Shores and the head of the Architectural Control Committee (ACC).  Gary gave me the latest on The Shores and is a wealth of information about the growth of the community. The Shores currently has 83 completed homes with 8 currently under construction.  The pace has varied over the years, 9 were approved in 2014, 2 in 2015 and 2016 saw 13 sets of plans approved. This makes The Shores on pace to be at 100 homes before we know it, making it the largest community on Richland Chambers Lake with plenty of room to spare.


The function of the ACC is to ensure that all improvements in the neighborhood align with and meet the guidelines in the community's Deed Restrictions. The process is actually pretty simple.  When a lot owner wants to do an improvement on their property they must submit the plans to the ACC for approval. The ACC  tends to move quickly so you are not out a bunch of time waiting for an answer. Gary also said he "encourages anyone with questions or concerns to call and talk about it". This can save you time and money and keep you from paying an Architect to plan something that does not meet the Improvement Guidelines.  Not to mention paying the Architect to amend the plans after the fact.

Just completed on Clubhouse Drive

Under construction on Waters Edge

Just starting on Deepwater Cove

The ACC not only reviews plans for homes but also sidewalks, sheds, retaining walls, boathouses and really any improvements made above ground. Gary also wanted to point out that any improvements made below the 320' line must also be approved by Tarrant Regional Water District. This would include boathouses, retainer walls, sidewalks, etc.
The Shores property owners can check out more information and download forms from the community's website www.POAofTheShores.com.

Finishing touches going on at the end of Canal Street

Looking good on Hatteras Drive

Side by Side on The Shores Drive

Side by Side on The Shores Drive

So to answer the question, The Shores on Richland Chambers Lake is alive and well and growing!!
#richlandchambers #theshoresonrichlandchambers #richlandchamberslake