Advantages of buying property in Lakeside, Texas may include:

1. Scenic Environment: The village of Lakeside is surrounded by nature and is known for its peaceful serenity. The area includes several lakes, creeks, and parks that are well-suited for outdoor activities like hiking, fishing, and boating.

2. Location: Lakeside is situated about 19 miles northwest of Fort Worth, which can provide easy access to the amenities of a major metropolitan area while living in a more rural environment.

3. Affordability: Real estate prices in Lakeside are generally lower than some of the more densely populated areas in Tarrant County. The village is known for its spacious countryside properties available at a reasonable price range.

Disadvantages of buying property in Lakeside, Texas may include:

1. Limited Amenities: While the peaceful setting may be a positive, there are relatively fewer retail outlets, events and other attractions than what would be found in larger towns like Fort Worth.

2. Weather: As with many parts of Texas, the climate can be hot and humid in the summer, which can be uncomfortable for some. It's important to factor the weather into your decision to purchase property in the area.

3. Zoning Regulations: Due to its rural setting, Lakeside has a number of zoning regulations in place that may not allow you to develop activities that would otherwise be permissible in more urban areas.