There can be both advantages and disadvantages to buying property in Wolfe City, Texas. Here are some to consider:

Advantages:
- Low cost of living: Wolfe City has a lower cost of living compared to other cities in Texas.
- Quiet and peaceful environment: Living in a small village can be peaceful and serene.
- Close-knit community: The tight-knit community in small towns can offer a sense of belonging and support.
- Access to nature: Wolfe City is surrounded by lakes and nature, which provides opportunities for outdoor activities.

Disadvantages:
- Limited job opportunities: There may not be many job opportunities in small towns, which could limit your employment options.
- Limited amenities: Small towns often have fewer amenities compared to larger cities, which could affect your access to hospitals, shopping centers and entertainment.
- isolation: if you are moving from a metropolitan area, you may find yourself feeling isolated compared to the access you had to large communities.
- limited choices: the range of choices for example restaurants, and shops may be less varied.

Ultimately, the decision to buy property in Wolfe City will depend on your personal preferences and priorities.