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Cedar Bay

Cedar Bay

$435,041 Average Value
$138 Average Price per Sq Ft
0 Homes For Sale

A quiet and tranquil community on the shores of Lake Palestine

Cedar Bay is a quiet rural enclave with towering pine trees overhead and the lapping shores of Lake Palestine below. Residents enjoy the tranquility and seclusion provided by the large housing lots and the lack of commercial activity in the area. Summer days are spent on the lake, where many explore the miles of open water by boat. Lakefront estates and smaller manufactured homes may serve as weekend retreats for some, but the majority of residents stick around for endless recreation and access to highly rated public schools. “I would say there are definitely way more full-time homeowners than weekenders,” says Shelia Cooper, local Realtor and owner of RE/MAX Impact. “Most of the neighborhood is in Bullard, and that’s going to get them into Bullard [Independent School District], which is preferred around here.”

Cedar Bay on Lake Palestine has some absolutely gorgeous areas for frolicking in the water.
Cedar Bay on Lake Palestine has some absolutely gorgeous areas for frolicking in the water.
Check out the stunning view of Lake Palestine from Cedar Bay.
Check out the stunning view of Lake Palestine from Cedar Bay.
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Lake Palestine is the hub for recreation

Lake Palestine is the neighborhood's main attraction and serves as the hub for recreation all summer. Days on the lake consist of waterskiing in the main channel and cruising through the winding coves. Many homeowners have private boat docks, but residents on dry lots can still access the waters via the Lake Palestine Marina, under 2 miles away. The 18-mile-long reservoir is renowned for its game fishing and hosts multiple bass fishing tournaments. For recreation on dry land, Emerald Bay Club is a private golf club community featuring an 18-hole championship course. Other amenities include tennis and basketball courts and a swimming pool.

There is easy access to Lake Palestine for a good amount of the residents of Cedar Bay.l
There is easy access to Lake Palestine for a good amount of the residents of Cedar Bay.l
Residents of Cedar Bay keep their boats docked at Lake Palestine Marina for easy access.
Residents of Cedar Bay keep their boats docked at Lake Palestine Marina for easy access.
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Manufactured homes and lakefront estates

Cedar Bay's wide streets and expansive lots provide privacy and seclusion. Manufactured homes with vinyl exteriors and front patios are the predominant style, though expansive waterfront estates with private boat docks can also be found. Classic ranch-style dwellings and rustic Tudor revivals fill in the gaps, and housing is split between waterfront and dry lots. Pickups parked in the front driveways are a common sight as they are required to tow boats to and from the marina. No matter where homebuyers end up, Cedar Bay offers an accessible way into the Lake Palestine area. “For people wanting to live near the lake, this community is an affordable option,” Cooper says. "It's sandwiched between Emerald Bay and Eagle’s Bluff, and they’re much more expensive neighborhoods.” Prices for manufactured houses range between $125,000 and $400,000, while larger single-family builds on the water sell for up to $750,000.

Cedar Bay has lake front living at its finest.
Cedar Bay has lake front living at its finest.
Cedar Bay has lake front homes with plenty of interior space just waiting for you to come out.
Cedar Bay has lake front homes with plenty of interior space just waiting for you to come out.
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Chain restaurants and local favorites

Cedar Bay is entirely residential, and its rural nature means residents have to drive a ways to reach shopping and dining. Dollar General and Family Dollar are the closest stores 2 miles away. Chain restaurants like Taco Bell and Sonic Drive-in are the nearest eateries, while local favorites like Catch Me If You Can Restaurant are farther down the road. Emerald Bay Community Church is one of numerous houses of worship serving the area. For more extensive commercial districts, the historic shops and restaurants of Downtown Tyler are under 20 miles away.

Catch Me If You Can is a favorite eating place for the residents of Cedar Bay.
Catch Me If You Can is a favorite eating place for the residents of Cedar Bay.
The residents of Cedar Bay swing by Taco Bell when they are craving a good taco.
The residents of Cedar Bay swing by Taco Bell when they are craving a good taco.
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Highly rated Bullard public schools

Students can attend public schools in the Bullard Independent School District. Bullard Early Childhood Campus received a B rating from Niche and serves kindergarteners. Bullard Primary School (1-2), Bullard Elementary School (3-4), Bullard Intermediate School (5-6) and Bullard Middle School (6-8) all received an A-minus rating on Niche. The B-plus-rated Bullard High School maintains a 1:1 technology initiative for student learning and offers numerous career and technical education courses. Brook Hill School is a private education option for parents to consider.

The staff at Bullard Intermediate School believes that hard work builds a better future.
The staff at Bullard Intermediate School believes that hard work builds a better future.
Meaningful work at Bullard Middle School engages students in learning.
Meaningful work at Bullard Middle School engages students in learning.
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Head down State Highway 155

Downtown Tyler is 20 miles and can be reached via State Highway 155. Dallas is the closest major city, 100 miles to the east, roughly equal to a 2-hour drive. Tyler Pounds Regional Airport is 19 miles away and services numerous daily flights to DFW International Airport.

Downtown Tyler is just a short 20 mile drive away from Cedar Bay & the tranquility of the area.
Downtown Tyler is just a short 20 mile drive away from Cedar Bay & the tranquility of the area.
American Airlines is the only major carrier flying in and out of Tyler Pounds Airport.
American Airlines is the only major carrier flying in and out of Tyler Pounds Airport.
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Beck Connelley
Written By
Beck Connelley
Robert Beary
Photography Contributed By
Robert Beary
TJ Wengert
Video By
TJ Wengert

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this neighborhood? Reach out to Jim Storms, an experienced agent in this area.

Parks in this Area

Transit

Airport

Tyler Pounds Regional

32 min drive

Cedar Bay Demographics and Home Trends

Housing Trends

Median List Price
$214,990
Median Sale Price
$208,990
Median Single Family Sale Price
$208,990
Median Change From 1st List Price
3%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
-82%
Average Price Per Sq Ft
$138

Neighborhood Facts

Number of Homes in Neighborhood
66
Number of Homes for Sale
0
Median Year Built
1985
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,731
Below the national average
1,924
Median Lot Size Sq Ft
34,412

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this neighborhood? Reach out to Jim Storms, an experienced agent in this area.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
337
Median Age
50
Population under 18
20.2%
On par with the national average
23.8%
Population over 65
28.8%
Above the national average
19.1%

Finances

Median Household Income
$58,620
Below the national average
$71,702
Average Household Income
$89,158

Education and Workforce

High School Graduates
92.5%
College Graduates
33.3%
Advanced Degrees
6.3%
Below the national average
13.3%
% Population in Labor Force
37.5%
Significantly below the national average
65.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
39°F
Average Summer High Temperature
94°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

20 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Cedar Bay
Jim Storms
Jones & Co. Realty Group
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