I am buying lots and returning them to pasture .. if they are west of farm road 1571... send me your info and my realtor will get in touch with you ... east side of 1571 is being bought too... same realtor working with him ..... Jack Gipson PO BOX 111 Lone Oak Texas 75453... more
Normally, I would agree completely with the answers below; however, if you are specifically talking about the Villages of Lone Oak (VLO) in Lone Oak, TX, then the question is a little more complicated. If you are not talking about the VLO, then stop reading.
Developer Finance Corporation (DFC) just foreclosed on the unsold lots at VLO held by 3D Resorts. It is unclear at the moment if 3D Resorts has been or will continue maintenance of the property. I have yet to receive a HOA bill this year. If I receive one, then I will definitely be making some phone calls trying to find out who is running the HOA.
You can keep up with the happenings at VLO here: http://www.trulia.com/voices/Home_Selling/I_own_a_lot_in_the_Villages_at_Lone_Oak_Texas_g-34624#
Hopefully this helps, even though it doesn't answer your question.