High Point Lake Estates

High Point Lake Estates

Posted in the Rockwall Forum

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John

Boise, ID

#1 Oct 28, 2008
I have a Lake Front lot for sale in High Point Lake Estates - they won't let me put up a for sale sign (another thing they don't tell you) but I bought it two years ago for $115K and willing to sell it for $40K. The sales guy lied to me and so did the company. If you are even thinking of buying a lot out there buy mine and save yourself money.
Please contact me at [email protected]
High Point SUCKS

Boise, ID

#2 Oct 28, 2008
Is anyone actually trying to buy a lot at High Point Lake Estates? High Point Ranch is/was a miserable failure and the same thing has happened with Lake Estates with multiple foreclosures. LGI seems to have a way of talking people into buying lots and then leaving town while everyone is left holding a worthless piece of property. Now I heard they were giving away golf clubs but I don't qualify since I got suckered into buying a lot in High Point Ranch. The forgot to tell me about taxes and HOA dues and now it is bleeding me dry. If you want, I have one in High Point Ranch (2 acres) that I will sell for $39,000.
weiss

College Station, TX

#3 Oct 28, 2008
dang, guys... you have an excellent sales pitch.
Got a question

United States

#4 Oct 28, 2008
'High Point Sucks', I have a question for you since I might be looking into the Rockwall area, you wrote:
"They forgot to tell me about taxes and HOA dues and now it is bleeding me dry"

Just real brief, could you tell me roughly how much the taxes and HOA fees are, also the rough size of your lot and what you paid. Thanks.
High Point SUCKS

United States

#5 Oct 29, 2008
I think I am paying a total of $2,500 for 2 acres and no house! If you are moving in then I suggest you research everything before you buy. I made mistake but I do not want to pawn it off on you.
High Point Lake Estates

United States

#6 Oct 30, 2008
I am a real estate agent and I will tell you that High Point Lake Estates and High Point Ranch are a horrible investment. They are sold like timeshares and everyone I know who bought one have the same thing to say: "I really didn't want but they talked me into it". Now they are stuck and are unable to sell for what they bought for. One couple asked me to sell their lot for $20,000 less than what they paid but with foreclosures in there, it was impossible. It is like flushing money down the toilet. For those that bought lot or are living there I feel badly for you. They will never get fully built out but you already know that.
Grrrreat

Hinsdale, IL

#7 Oct 31, 2008
Hi there real estate agent. Can you tell me the best places to look for homes in the rockwall area? I am cinsidering a move down there from Chicago and any help would be greatly appreciated!
Littlemama

Fort Worth, TX

#8 Nov 1, 2008
Hey Grrrreat, I am not a real estate agent, but I can tell you some nice areas in Rockwall to live. I don't think they are bad investments, but I am not an expert. A neighborhood called the Shores is a nice, popular area to live in, prices vary. It is safe and things seem to sell good over there. I know several people who live there and love it. It is a great location.
If you are looking into high end homes then look in Heath, which is next to Rockwall but is in the same school system. If you are looking into schools then really research the area. There is at least one school that I would not recommend. We do not have choice of schools. Buffalo Creek and Chandler's landing are good choices as well for higher end homes. These are at least some areas to ask an agent about when looking. We love living in Rockwall, good luck.
jodybh

United States

#9 Nov 1, 2008
Grrrreat wrote:
Hi there real estate agent. Can you tell me the best places to look for homes in the rockwall area? I am cinsidering a move down there from Chicago and any help would be greatly appreciated!
I'm an agent. Contact me at [email protected] if you need some help
Golf Clubs

United States

#10 Nov 17, 2008
I just heard that high point lake estates is giving away golf clubs just to look at the development. Interesting sales tactic but I wonder if there is that many suckers out there.
Suresh

United States

#11 Nov 29, 2008
Anyone want to buy golf clubs? I didn't buy anything and want to sell my golf clubs. Please email me at [email protected]

My impression of the property was not good and I think many people believed salesperson and gave money for junk.
John

Hamilton, Canada

#12 Dec 10, 2008
The following post is not accurate just like some of the posts from this page. There is a person that used to work at High Point Lake Estates that competes with them. He is obviously a very sad person. He takes aim at LGI and anything they do. Although some of the things he says are true, there are many that are not to include this post below. He probably had someone else post this or did it himself. I am not selling the land below for 40k.
John wrote:
I have a Lake Front lot for sale in High Point Lake Estates - they won't let me put up a for sale sign (another thing they don't tell you) but I bought it two years ago for $115K and willing to sell it for $40K. The sales guy lied to me and so did the company. If you are even thinking of buying a lot out there buy mine and save yourself money.
Please contact me at [email protected]
confused

Lewisville, TX

#13 Dec 11, 2008
so if it is a worthless piece of property, then how can the county tax the lowest end lots at $80,000 for this year?
High Point SUCKS wrote:
Is anyone actually trying to buy a lot at High Point Lake Estates? High Point Ranch is/was a miserable failure and the same thing has happened with Lake Estates with multiple foreclosures. LGI seems to have a way of talking people into buying lots and then leaving town while everyone is left holding a worthless piece of property. Now I heard they were giving away golf clubs but I don't qualify since I got suckered into buying a lot in High Point Ranch. The forgot to tell me about taxes and HOA dues and now it is bleeding me dry. If you want, I have one in High Point Ranch (2 acres) that I will sell for $39,000.
dear confused

United States

#14 Dec 26, 2008
To answer your question, The county tax assessments are based on what people paid when they bought the property not what they can sell for. The best thing to do is try and find recent completed sales of property whether it is homes or a vacant lot to determine the approximate value. The high point properties are rarely sold for what people have them listed at so only look at recently sold items. There have also been some foreclosures in High Point Lake Estates and High Point Ranch so if you are really wanting to be in those developments there are good deals to be had!

Happy Hunting
Happy in High Point Lake

Tyler, TX

#15 Jan 3, 2009
I live in High Point Lake Estates, and while I am not happy with the development or lack thereof (LGI), I love living here! We have great neighbors, schools, and space! Everyone that lives here loves it, and I have spoken to just about every homeowner. If you buy a home from Saddlebrook Homes, you can bypass dealing with LGI. Saddlebrook is an excellent builder and they have prepurchased lots that you can build on. Or, you can contact a realtor to buy a lot that is for sale, and again, bypassing LGI and the sales pitch.
There is a great sense of community at High Point Lake Estates. If you are looking for a great place to live, please come and see the area. There are some great deals to be had. And please, check out Saddlebrook Homes. You won't be disappointed. This builder is one with great designs, integrity, honesty, and skill. They did not build my home, but I wish they had. They are the best builder out here.
Cant wait to move

Virginia Beach, VA

#16 Feb 1, 2009
Well...I purchased two acres in High Point Lake Estates about a year and 1/2 ago. And I have to agree with Happy in High Point, the development is beautiful and in a great location. We have not started building yet and plan to do so next year. My husband and I stood in Texas for about a week, just looking for a good deal on a piece of property and trust me...I believe it was a good deal for the location, Rockwall is growing rapidly and when the economy starts growing the properties are going to boost up in value. The area has great schools and so much room to grow, it's one of the fastest growing cities near the Dallas metro area. I'm not disappointed with our decision and we have paid taxes and they are high, but it's not hurting our pockets we knew what we were going to pay from the beginning of our investments. Anywhere in Texas right now has high taxes! And one more thing to Happy in High Point...I think the building will get better after this hectic time. I will look into Saddlebrook I have their card that was given to me by a salesperson of LGI. Do you know how much they are charging per sq footage?
Home Sweet Home

Terrell, TX

#17 Feb 7, 2009
I have lived in High Point Ranche since July of 2006. I moved here with my family from Miami Florida and have absolutely loved it. I have two small children and the acerage is wonderful for outdoor life. We have a beautiful lake with park ammenities such as tot lot, barbecuing pits, and a great private fishing lake for bonding with your children. The neighbors are all good, hardworking people who take pride in their homes. There is almost no crime and the school's are exemplary. The location of the subdivision has an added perk of no city taxes! Rockwall County is growing quickly and to have this lifestyle 25 miles east of a major U.S. city is remarkable. I challenge anyone to a find better value in Rockwall County and Rockwall ISD with two acre homesites, no city taxes, and the ability to have an outbuilding in addition to horses if they like. They will not be able to because it is non-existant! To those of you who think High Point is a bad deal are obviously not living here as their primary residence and perhaps are not aware of all the positives about this area. Respectfully, if you purchase any land, it would be wise to be an educated buyer and do research on the area you are investing in. Obviously, all land has tax and as far as the HOA dues, it is so minimal at $200 a year it is not even an issue. For the value an HOA brings, it is extremely inexpensive. My experience in Miami of $200 a month in HOA dues leads me to believe if a person has an issue with the HOA than they were planning to do something on their property that would bring down the value of the neighborhood. This is the primary reason an HOA is necessary. For all of you interested in High Point Lakes and the Ranches, please do appropriate research and realize the gem and priveledge it is to live in a community like ours. Do not let ignorance decide for you. There are many great homebuilders who are building in the neighborhood and my advice is to contact a realtor specializing in the subdivisions who know it inside and out. If you would like an educated realtor on our neighborhood, I can refer mine. My email is
[email protected] Good luck!
I want to buy your land

Plano, TX

#18 Feb 20, 2009
Is your land still for sale or have you sold it? I am interested in buying it?
High Point SUCKS wrote:
Is anyone actually trying to buy a lot at High Point Lake Estates? High Point Ranch is/was a miserable failure and the same thing has happened with Lake Estates with multiple foreclosures. LGI seems to have a way of talking people into buying lots and then leaving town while everyone is left holding a worthless piece of property. Now I heard they were giving away golf clubs but I don't qualify since I got suckered into buying a lot in High Point Ranch. The forgot to tell me about taxes and HOA dues and now it is bleeding me dry. If you want, I have one in High Point Ranch (2 acres) that I will sell for $39,000.
CTL

United States

#19 Apr 13, 2009
We boght 1.5 acres for $61K and am being taxed for $83K for the property..agent wants me to sell it for in th 50s. Whatttt? Crazy! Trying to get rid of his piece of property! Sounds like LGI has a lot of explaining to do. ARGH!
rss

Dallas, TX

#20 Apr 14, 2009
CTL wrote:
We boght 1.5 acres for $61K and am being taxed for $83K for the property..agent wants me to sell it for in th 50s. Whatttt? Crazy! Trying to get rid of his piece of property! Sounds like LGI has a lot of explaining to do. ARGH!
Go to Rockwall County Appraisal District and protest your value. I did and they lowered my value by about 40%.

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