Lake Home For Sale

Discover a rare gem on Toledo Bend! This 2-bed, 1-bath brick home offers a unique opportunity with three sides of waterfront on a .51-acre corner lot. Enjoy both main lake views and a protected cove, perfect for your watercraft. What sets this property apart? The land is on a 20-year leaseback from the SRA, meaning you only pay a lease fee and small insurance cost annually - no land taxes! You're only taxed on the house and improvements. With just over half an acre of prime waterfront, this home has endless potential. Use it as a weekend getaway, a lucrative vacation rental, or your downsized retirement dream. There's ample room to expand and make it truly yours. Don't miss this chance to own a slice of lake life paradise. Act fast - this three-sided waterfront wonder won't last long! Come see the potential and start living your Toledo Bend dream today.

Property Details

  • Beds: 2
  • Baths: 1.0
  • Sq Feet: 1216
  • Year Built: 1979
  • Location: Toledo Bend Lake
  • Acres: 0.500
  • Community: Holly Bay
  • Heat/AC: Electric (Heating)
  • Garage: Garage
  • Siding: Brick, Brick Veneer
  • Roof: Composition
  • Fireplaces: Has Fireplace
  • Property Taxes: $2,201
  • MLS #: 5101235

Location

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Contact Information:

Contact Agent
Shane Allman
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Allman Company
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Ad Statistics:

Lake Home For Sale in Hemphill, Texas
Ad Number : 6143202
Viewed: 9 times
Added: May 07, 2025
Updated on: May 07, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.