Build your dream home on this beautiful 1.5-acre homesite in the gated Oak River Estates on the south side of Lake Palestine. This listing also includes a separate waterfront parcel, giving you the opportunity to build your own private boathouse and enjoy easy lake access. Community amenities include a private boat ramp, 5-acre lakefront park, walking trails, paved roads, underground utilities, and a gated entrance. Choose your own builder with an 1,800 sq. ft. minimum. VRBO-friendly deed restrictions allow short-term rentals, making this an excellent opportunity for a full-time residence, vacation home, or investment property.