It is my understanding that water increases the land value by 1000%. In other words a one acre pond on $2,000 per acre land is worth $20,000 at sale time. Of course, it is taxed accordingly. Building, stocking and maintaining a 10 acre pond is expensive; very expensive. Eastland got a bargain. Big Pond is about right on the price of building. Stocking could easily cost $5,000 if you do it right. Doing it wrong could cost even more. Just finding the right place to build on could take years. Lake site with the right drainage; all on your own land and not creek fed takes a large land purchase. If the drainage isn't all on your land, a neighbor might build a pond upstream and cut you off from water. Oh yeah, there are areas within a couple of hours from Dallas that don't get a lot of rainfall. Do a lot of research and thinking. East Texas gets more rain but in pine tree country, the soil often lacks alkilinity so you wind up having to lime. Another expensive chore for your new toy. Do a lot of research. A whole buncha research.
