122 Isle Dr, Hemphill, TX 75948

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.