$229,000
$21K PRICE DROP

122 Isle Dr Hemphill, TX 75948

Estimated payment $1,448/month

Total Views 10,284
2 Beds
1 Bath
1,216 Sq Ft
$188 Price per Sq Ft

Highlights

  • Waterfront
  • Ranch Style House
  • Front Porch
  • Vaulted Ceiling
  • No HOA
  • 2 Car Attached Garage

About This Home

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.

Listing Agent

Shane Allman

Allman Company Brokerage Email: 4097873333, shane@allmancompany.net License #TREC #0522262 Listed on: 10/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 1979

Lot Details

  • 0.5 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Ranch Style House
  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • <<OvenToken>>

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Holly Bay Subdivision

Listing and Financial Details

  • Exclusions: Furnishings And Items In Garage.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: .50
  • Exclusions: Furnishings And Items In Garage.
  • Subdivision Name: Holly Bay
  • Directions: HWY 21 toward Louisiana. Turn south on FM 3121, then turn left onto FM 242, go 1/4 mi and turn RT onto Twin Cedars Dr. Stay to the left as you come into the subdivision then turn left onto Holly Bay then go right onto Bay Court. Then turn left onto the Island. House with be to your far right after crossing over to Island.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1979
  • Attribution Contact: 4097873333, shane@allmancompany.net
  • Special Features: None

Interior Features

  • Appliances: Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), No Built-Ins
  • Living Area: 1216

Exterior Features

  • Fencing: None
  • Lot Features: Less than 1 Acre
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch
  • Property Condition: Old Home 25+ Years
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Central Heat/Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heat/Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hemphill ISD

Lot Info

  • Lot Size Sq Ft: 21780

Tax Info

  • Tax Annual Amount: 2200.78

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $229,000 -4.5% $188 / Sq Ft
04/02/2025 04/02/25 Price Changed $239,900 0.0% $197 / Sq Ft
04/02/2025 04/02/25 For Sale $239,900 -4.0% $197 / Sq Ft
01/13/2025 01/13/25 For Sale $249,900 0.0% $206 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $249,900 -- $206 / Sq Ft
10/07/2024 10/07/24 Off Market -- -- --
Source: Lufkin Association of REALTORS®

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Source: Lufkin Association of REALTORS®

MLS Number: 5101235