Why Live in Cedar Bay
Cedar Bay in Bullard is a serene rural neighborhood characterized by its towering pine trees and proximity to Lake Palestine. The area is known for its tranquility, large housing lots, and minimal commercial activity, making it a preferred choice for full-time residents. Lake Palestine is the main attraction, offering miles of open water for boating, waterskiing, and game fishing, with many homes featuring private boat docks. The Lake Palestine Marina, less than 2 miles away, provides additional water access. On land, the private Emerald Bay Club offers an 18-hole championship golf course, tennis and basketball courts, and a swimming pool. Housing styles in Cedar Bay range from manufactured homes with vinyl exteriors to expansive waterfront estates, classic ranch-style homes, and rustic Tudor revivals. The neighborhood is entirely residential, with the nearest shopping and dining options, such as Dollar General and Family Dollar, located 2 miles away. For more extensive amenities, residents can travel under 20 miles to Downtown Tyler. Cedar Bay falls within the Bullard Independent School District, which includes highly rated schools such as Bullard Primary School, Bullard Elementary School, Bullard Intermediate School, Bullard Middle School, and Bullard High School. The area is safer than the national average, providing a low crime risk environment. Cedar Bay offers a peaceful lifestyle with convenient access to Lake Palestine's recreational opportunities and quality education options.
Frequently Asked Questions
Is Cedar Bay a good place to live?
Cedar Bay is a good place to live. Cedar Bay is considered very car-dependent and somewhat bikeable. Cedar Bay is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Cedar Bay has 1 park for recreational activities. It has a median age of 50. The average household income is $89,158 which is below the national average. College graduates make up 33.3% of residents. A majority of residents in Cedar Bay are home owners, with 18% of residents renting and 82% of residents owning their home. A
local real estate agent serving Cedar Bay can help you decide if this neighborhood is the right one for you. Learn more on our
Cedar Bay neighborhood guide.
Is Cedar Bay, TX a safe neighborhood?
Cedar Bay, TX is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Cedar Bay?
The median home price in Cedar Bay is $379,000. If you put a 20% down payment of $75,800 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Cedar Bay. The average household income in Cedar Bay is $89K.
What are the best public schools in Cedar Bay?
The best public schools that serve Cedar Bay are:
What are the most popular zip codes in Cedar Bay, Bullard, TX?
What are the most popular neighborhoods near Cedar Bay, Bullard, TX?
Are home prices dropping in Cedar Bay?
Yes, home prices in Cedar Bay are down 27% in the last 12 months.
Home Trends in Cedar Bay, TX
On average, homes in Cedar Bay, Bullard sell after 96 days on the market compared to the national average of 51 days. The median sale price for homes in Cedar Bay, Bullard over the last 12 months is $294,125, down 31% from the median home sale price over the previous 12 months.
Median Sale Price
$294,125
Median Single Family Sale Price
$372,500
Average Price Per Sq Ft
$272
Number of Homes for Sale
2
Last 12 months Home Sales
5
Median List Price
$379,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-31%