Lake Home Sale Pending

Three Sides Waterfront! This unique opportunity is available for whomever strikes quickly. This 2 bedroom 1 bath waterfront brick home sits on just over 1/2 an acre of prime Toledo Bend waterfront. What makes this property so special is that the .51 acres is all lease back on a 20 yr lease from the SRA. So what makes that special? You only pay a lease fee and small insurance fee each year but don't pay taxes on the land! You are only taxed on the house and improvements. This house has so much potential to be a weekend lake house, a vacation rental investment opportunity, or just a downsized retirement house to enjoy lake life at. With room to add on, this corner lot offers 3 sides of waterfront giving you both a main lake feel as well as a protected covee see for yourself!

Property Details

  • Beds: 2
  • Baths: 1.0
  • Sq Feet: 1216
  • Year Built: 0
  • Location: Toledo Bend Lake
  • Acres: 0.513
  • Lakefront: Yes
  • Lakeview: Yes
  • Dock Type: none
  • County: Sabine County
  • Heat/AC: Central Electric
  • Garage: 2 Car Garage
  • Siding: Brick
  • Roof: Composition
  • Stories: 1.0
  • Fireplaces: Has Fireplace
  • MLS #: 208796
  • Unit Number: LT 46 Holly Bay

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Shane Allman
View other listings (42 total)
Allman Company
Visit our Website
Contact Agent

Ad Statistics:

Lake Home Sale Pending in Hemphill, Texas
Ad Number : 4300938
Viewed: 1010 times
Added: Oct 18, 2023
Updated on: Feb 28, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
chat button