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DevelopmentOak Leaf, TX (Ellis County)6 min read

Bynum Springs Club: Oak Leaf Acreage Explained

Bynum Springs Club markets 1-3 acre homesites in Oak Leaf, TX (20 mi south of Dallas). The developer, prices, and how to verify before you reserve.

Published July 1, 2026
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What Bynum Springs Club is selling

A land + homesite community pitched to buyers who want acreage near Dallas:

  • -Bynum Springs Club is a homesite community on roughly 300 acres in Oak Leaf, TX (ZIP 75154), about 20 miles south of downtown Dallas (Lakewood Capital Group; MLS #21233148).
  • -Lots are advertised at 1 to 3 acres, with marketing citing an average around 1.5 to 2 acres - matching the Instagram ad's 'up to 2 acres.'
  • -Marketed amenities include a clubhouse, resort-style pool, splash pad, fitness center, pavilion, playgrounds, mini-golf, and pickleball/tennis courts - described in sales material, not confirmed as built.
  • -The model is buy the lot now, build later with a builder of your choice; the developer names Briar Mark Signature Homes (a Waxahachie custom builder since 1998) as a partner.
  • -One inconsistency to clarify: the developer's own page shows 'Sold out,' yet individual lots remain actively listed on MLS (e.g. Lot 124, ~1.01 acres, at $165,900). Confirm current availability + pricing directly before wiring money.

Who is behind it, and the track record

This is where a little due diligence matters:

  • -The developer/marketer is Lakewood Capital Group (LW Investments, LLC), a land-sales firm based in Knoxville, Tennessee (sales line 800-675-1800).
  • -Lakewood is BBB-accredited since 2013, but its BBB file carries complaints about difficulty getting deposits/earnest money refunded, high-pressure sales, and buyers pushed into higher-rate in-house financing when bank financing falls through (BBB).
  • -Some complaints and reviews allege advertised features or properties did not match reality. Treat marketing claims (amenities, 'sold out') as unverified until documented.
  • -The named partner builder, Briar Mark Signature Homes, has a strong BuildZoom score (90) - but a reputable builder does not by itself validate the land sale or the developer promises.

Oak Leaf and the Ellis County acreage market

Context for what the land is actually worth:

  • -Oak Leaf is a small city in northern Ellis County (population 1,552 at the 2020 census), about 20-21 miles / 28-30 minutes from downtown Dallas via I-35E.
  • -The school district is Red Oak ISD (about 6,500 students, seven campuses) - confirm the exact attendance zone for a specific lot.
  • -Ellis County land is pricey because it sits in DFW commuting range: median list price is about $35,031 per acre, vs a Texas rural average near $4,827/acre in Q1 2025 (Land.com; Texas Real Estate Research Center).
  • -Ellis County is one of Texas fastest-growing counties - population roughly doubled from 111,360 (2000) to ~222,829 (2023) - which is why buyers chase acreage here.
  • -Budget carrying costs: the county median effective property tax rate is about 1.37%, reaching ~2% in some cities.

Verify it yourself

Before reserving a homesite: confirm the parcel is platted and who owns it at the Ellis County Appraisal District (elliscad.com) - the recorded owner must match Lakewood Capital Group / LW Investments. Check the exact lot FEMA flood zone (rural acreage often includes creeks and low areas) at msc.fema.gov, confirm the school district with Red Oak ISD, and watch land-deal red flags: any deposit before a lot is legally platted, selling-out pressure, or in-house financing pushed after a bank declines. Prefer earnest money held by a licensed title company, not the developer.

Run a free listing check

Frequently asked questions

Who is the developer of Bynum Springs Club?

The land is marketed and sold by Lakewood Capital Group (LW Investments, LLC), a real-estate sales firm based in Knoxville, Tennessee (sales line 800-675-1800). Briar Mark Signature Homes of Waxahachie is named as a partner custom builder. Buyers should independently confirm the parcel owner of record through the Ellis County Appraisal District before paying a deposit.

How big are the lots and how much do they cost?

Homesites are advertised at 1 to 3 acres, averaging around 1.5 to 2 acres, across roughly 300 acres. Public pricing is limited, but one active MLS listing (Lot 124, ~1.01 acres) was listed at $165,900. The developer's page says the community is 'sold out,' which conflicts with lots still on MLS - clarify current availability and pricing directly with the seller.

What school district serves Oak Leaf?

Oak Leaf is in northern Ellis County (population 1,552 as of 2020) and is served by Red Oak ISD (about 6,500 students, seven campuses). It is roughly 20-21 miles / 28-30 minutes from downtown Dallas via I-35E. Confirm the exact attendance zone for a specific lot with Red Oak ISD.

What should I check before reserving a homesite sight-unseen?

Verify the parcel and legal owner at the Ellis County Appraisal District (elliscad.com), confirm the lot is platted and recorded, check the exact parcel FEMA flood zone at msc.fema.gov, and confirm the school district. Be cautious of deposits taken before a lot is platted, selling-out pressure, and in-house financing pushed after a bank declines - the developer has BBB complaints on deposit refunds. Use a written contract and a title company to hold earnest money.

Sources

  • Lakewood Capital Group - Bynum Springs project page
  • HAR.com / NTREIS MLS #21233148 (Lot 124, Oak Leaf)
  • Better Business Bureau - Lakewood Capital Group file
  • Briar Mark Signature Homes; BuildZoom (score 90)
  • Ellis County Appraisal District (elliscad.com)
  • Land.com + Texas Real Estate Research Center (TAMU) - Ellis County land values
  • U.S. Census + Red Oak ISD - Oak Leaf, TX profile
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