Blue Ridge, Texas is a small village located in Collin County, Texas. Here are some advantages and disadvantages to consider when buying property in Blue Ridge:

Advantages:
1. Peaceful and quiet living: Blue Ridge is a small, rural community with a population of only a few thousand people. It provides a great opportunity to live in a peaceful environment away from the hustle and bustle of larger cities.
2. Lower cost of living: The cost of living in Blue Ridge is comparatively lower than other cities/towns in Collin County, making it a good option for people with a limited budget.
3. Good investment opportunity: Being a part of the DFW metropolitan area, Blue Ridge has a fast-growing economy and real estate market. This makes it a good investment opportunity as the value of properties in this area is increasing.

Disadvantages:
1. Lack of amenities: Blue Ridge is a small community, meaning there are limited amenities and local services. You may need to travel to nearby towns for groceries, medical facilities, or other amenities.
2. Poor public transportation: Blue Ridge does not have a good public transportation system. A car is necessary to get around and commute to nearby towns.
3. Limited entertainment options: Blue Ridge does not offer a lot in terms of entertainment and cultural events. You may need to travel to nearby cities/towns for entertainment or dining options.

Ultimately, the decision to buy property in Blue Ridge, Texas will depend on your personal preferences and needs. It is important to research and consider all factors carefully before making a decision.