Great Aspects:
1. Low cost of living - Hamilton is known for its low cost of living, making it an attractive option for potential home owners.
2. Quality schools - Hamilton County is home to some of the highest-rated public schools in Texas, providing a great educational environment for children.
3. Plenty of outdoor activities - Hamilton County offers plenty of outdoor activities, from fishing and hunting to hiking and camping.

Negative Aspect:
1. Limited amenities - While there are some small businesses and restaurants in the area, Hamilton lacks larger amenities such as malls and entertainment venues.

Here are some advantages and disadvantages of buying property in the village of Hamilton, Texas:

Advantages:
- Affordability: The cost of living in Hamilton is relatively low compared to larger cities in Texas.
- Access to Amenities: The village of Hamilton is located within a short drive to larger cities like Waco and Austin, which provide a wide range of amenities and services.
- Natural Scenery: Hamilton is situated within beautiful countryside, with plenty of opportunities for residents to enjoy outdoor activities like hiking and fishing.
- Investment Potential: If you plan on purchasing real estate in Hamilton as an investment property, there is a potential for appreciation in property values as the area continues to grow.

Disadvantages:
- Limited Job Market: Since Hamilton is a small village, job opportunities may be limited, meaning that residents may have to commute to larger cities for work.
- Distance from Major Cities: While being close to larger cities is an advantage, those cities are still a good distance away, which can make commuting and travel more challenging.
- Limited Entertainment Options: Hamilton is a small village, which means that there may not be as many entertainment options as larger cities with more diverse cultural scenes.
- Limited Healthcare Facilities: There are a limited number of healthcare facilities available in Hamilton. If you have a serious medical condition, you may need to travel to nearby cities for specialized care.

Overall, whether buying property in Hamilton is a good decision depends on your personal needs and preferences.