There are several pros and cons to consider when buying a property in Groesbeck, Texas:

Pros:
1. Affordability: Properties in Groesbeck tend to be more affordable compared to many other areas of Texas, making it an attractive option for first-time home buyers or those looking to save money.
2. Small-town feel: Groesbeck is a small town with a population of around 3,500, providing a tight-knit community feel with a slower pace of life.
3. Proximity to recreational activities: Groesbeck is near several lakes and parks, including Lake Limestone and Fort Parker State Park, providing access to recreational activities like fishing, boating, and camping.

Cons:
1. Limited job opportunities: Groesbeck's small size means that there are limited job opportunities available in the town.
2. Limited amenities: While Groesbeck does have some basic amenities like grocery stores and restaurants, larger shopping centers and businesses are not located within the town.
3. Distance to major cities: Groesbeck is located about an hour and a half from major cities like Waco or Dallas, which can limit access to certain services or activities.

These are some of the pros and cons to consider when buying property in Groesbeck, Texas. It's important to take these factors into account along with your personal preferences and circumstances when making a decision.