Why Live in Big Oak Bay
Big Oak Bay in Tyler, Texas, is a rural residential neighborhood characterized by its scenic location along Lake Tyler East. The area features heavily wooded lots, often over an acre, with many homes boasting private boat docks for easy lake access. The neighborhood is known for its ranch-style houses from the 1970s, though new multistory developments are also present. Residents enjoy a variety of water activities on the 2,500-acre lake, including boating, skiing, and fishing for largemouth bass and crappie. The community is tight-knit, with frequent gatherings and events, especially around major holidays like the Fourth of July. While commercial activity is limited within the neighborhood, downtown Tyler's historic shops and restaurants are just 12 miles away. For everyday needs, Family Dollar is 7 miles away, and chain restaurants are available in nearby New Chapel Hill. The Arp Independent School District serves the area, with Arp Elementary, Arp Junior High School, and Arp High School all receiving high ratings. Safety is a notable feature, with the neighborhood having a low crime risk compared to the national average. The area is secluded, located along a 4-mile dead-end street, which minimizes traffic and enhances the rural atmosphere.
Home Trends in Big Oak Bay, TX
On average, homes in Big Oak Bay, Tyler sell after 109 days on the market compared to the national average of 51 days. The median sale price for homes in Big Oak Bay, Tyler over the last 12 months is $689,950, up 55% from the median home sale price over the previous 12 months.
Median Sale Price
$689,950
Median Single Family Sale Price
$699,900
Average Price Per Sq Ft
$276
Number of Homes for Sale
2
Last 12 months Home Sales
4
Median List Price
$725,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
55%