US Land Life

Freestone County, TX

Recreational Land in Freestone County: The Fairfield Lake Story

For over 50 years, Fairfield Lake State Park was Freestone County's defining public recreational asset. In 2023 it was sold to a private developer, Texas tried and failed to take it back by eminent domain, and the lake is now the center of a roughly $1 billion private community. Anyone considering recreational land near the lake today should understand exactly what changed.

This page covers what's specific to Freestone County. For the general explanation, see the national guide.

A public park since 1971, sold in 2023

Fairfield Lake State Park sat on land the Texas Parks and Wildlife Department (TPWD) had leased since 1971 from Big Brown Power Company, later Vistra -- a property of roughly 5,000 to 5,025 acres, of which the lake itself is a smaller reservoir within that larger tract, not the full acreage (CORRECTED 2026-09, clarifying that the 5,000-5,025 figure describes the total leased/sold property, not the lake's own surface area, which reporting places at roughly 2,200 acres). The park was popular and well-used right up until its closure -- Texas's own figures show more than 80,000 visitors in fiscal year 2022 and more than 45,000 in fiscal year 2023 before it closed to the public on June 4, 2023. Vistra sold the entire property, lake included, to Todd Interests, a Dallas-based real estate developer, for a reported price of roughly $103 million -- not to the state, which had leased and operated the park for over five decades, but to a private buyer with no obligation to continue public access.

Texas tried eminent domain -- and gave up

The Texas Parks and Wildlife Commission voted unanimously to condemn the property and use eminent domain to take it from Todd Interests rather than let the park disappear, setting off a real, public legal and political fight. Freestone County's own Commissioners Court took a public position against the state's plan, writing that the eminent-domain effort amounted to government overreach -- a notable instance of a rural Texas county's elected leadership siding against the state on a land-taking question. After a failed final offer to buy the land outright and continued pressure through much of 2023, Texas formally abandoned the eminent-domain effort in December 2023, and TPWD agreed it would not use eminent domain on any portion of the property, including its water rights, in the future. That agreement is a real, checkable resolution -- not a pause -- and it means the land and lake are now settled as private property with no pending state claim.

What's there now: a roughly $1 billion private lake community

Todd Interests began construction once the eminent-domain threat lifted, and the project -- branded simply "Freestone" -- is a gated community built around what it markets as the largest privately owned lake in the United States. Reporting describes a roughly $1 billion development with about 400 lakefront homes, a clubhouse, a resort pool, restaurants, and a "championship-level" golf course, aimed squarely at a luxury buyer rather than the general public that once fished, camped, and hiked the state park's trails. For land near the lake but outside the development itself, this is a fundamental character change worth pricing in: the lake is no longer a public amenity anyone in the county could use, and any expectation of public boat access, fishing, or park-style recreation on Fairfield Lake itself no longer holds.

What this means if you're looking at recreational or lake-adjacent land here

  1. Do not assume public access to Fairfield Lake exists in any form -- the state's 1971 lease and the public park built on it are gone, and TPWD has formally given up any future claim to the property or its water rights.
  2. If a listing markets itself as 'near Fairfield Lake' or trades on the area's former reputation as a public recreational destination, confirm directly whether the specific parcel has any lake access at all, since the surrounding private development controls the shoreline.
  3. Ask a Freestone County-licensed real estate agent or attorney how the loss of the public park and the arrival of a $1 billion private community nearby has affected land values and demand in the immediate area -- a major private luxury development next door can move prices for surrounding land in either direction depending on proximity and character.
  4. For land elsewhere in the county unrelated to the lake, this story is more a matter of general awareness than a direct legal constraint -- but it is a genuinely distinctive, checkable piece of Freestone County history worth knowing before buying anywhere in the county.

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Sources

  1. State halts efforts to take Fairfield Lake property from developer using eminent domain — The Dallas Morning News (accessed 2026-09)
  2. Freestone County opposes use of eminent domain to seize Fairfield Lake State Park — Texas Standard (accessed 2026-09)
  3. Texas will no longer try to seize former Fairfield Lake State Park site through eminent domain — KXAN Austin (accessed 2026-09)
  4. Texas continues pressuring company to sell former Fairfield Lake State Park — The Texas Tribune (accessed 2026-09)
  5. Todd Interests Wins Fight To Build $1B Luxury Development As Texas Abandons Pursuit Of Eminent Domain — Bisnow (accessed 2026-09)
  6. Fairfield Lake Acquisition: Todd Interests Secures a New Chapter — The Land Report (accessed 2026-09)
  7. Former Fairfield Lake State Park property valued at more than $418 million. What happens next? — KXAN Austin (accessed 2026-09)

Last reviewed 2026-09