Stunning waterfront retreat on Toledo Bend Lake! Two homes one beautiful waterfront property. Enjoy breathtaking sunrises from your private pier and floating dock. This beautiful, heavily wooded waterfront property offers privacy, peaceful surroundings and two homes to be enjoyed! Main brick home is 2 bedrooms, 1.5 baths, open concept living, dining and kitchen, bonus room & garage along with central ac/heat. Charming guest house with rustic charm has 2 bedrooms, 1 bath along with a cozy fireplace with central a/c & heat. Perfect for family, friends or weekend guests! Outdoor features are the beautiful Toledo Bend Lake views, pier and floating dock. The lot is heavily wooded offering privacy. This waterfront retreat has so much to offer! This property is unique in that it is all on lease back from SRA with a 20-year lease. You only pay a lease fee and no yearly taxes on the land.
For sale
$295,000
125 Isle Dr, Hemphill, TX 75948
2beds
964sqft
Single Family Residence
Built in 2001
0.44 Acres Lot
$287,000 Zestimate®
$306/sqft
$-- HOA
What's special
Floating dockCozy fireplaceMain brick homeBonus room
- 4 days
- 240
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Randy Fuller,
Pic-A-Home Real Estate
Source: Deep East Texas,MLS#: 70015462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Combo Dining Room, Living Room, Office, Utility Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Refrigerator, Washer, Electric Water Heater, Built-In Microwave, Electric Range
Features
- Breakfast Bar, Ceiling Fan(s), Open Floorplan
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 964
- Total interior livable area: 964 sqft
Property
Parking
- Parking features: 2 Car
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Other
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake Front, Community Water Access, Pier-Private, Waterfront
Lot
- Size: 0.44 Acres
- Dimensions: 0.44
Details
- Additional structures: Storage Shed-Blocks
- Parcel number: 273300000000048000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2001
Utilities & green energy
- Electric: Deep East Texas Electric
- Gas: None
- Sewer: Septic Tank
- Water: Community
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Holly Bay
Location
- Region: Hemphill
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $199,680
- Annual tax amount: $2,483
- Date on market: 10/2/2026
- Inclusions: Dryer, Refrigerator, Washer
- Road surface type: Gravel
Estimated market value
$287,000
$273,000 - $301,000
$1,249/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $295,000$306/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,483 +2.5% | $199,680 -2.2% |
| 2024 | $2,423 +0.2% | $204,220 |
| 2023 | $2,417 +31.9% | $204,220 +60.8% |
| 2022 | $1,833 | $126,990 +10.1% |
| 2021 | -- | $115,310 |
| 2020 | -- | $115,310 +61.2% |
| 2018 | $1,199 | $71,530 |
| 2017 | -- | $71,530 |
| 2016 | -- | $71,530 -19.9% |
| 2015 | -- | $89,310 +36.7% |
| 2014 | -- | $65,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75948
Nearby schools
Schools provided by the listing agent
- Elementary: Hemphill
- District: Hemphill ISD
Source: Deep East Texas. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




