#5103482, Sheilah Martin, Listing office: Martins Real Estate Team
122 Isle Dr Hemphill, TX 75948
Property details
About 122 Isle Dr
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.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Oven
- Flooring Type: Vinyl
- Interior: Breakfast Bar, Vaulted/Cathedral Ceiling(s)
- Fireplace: Wood Burning
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached
- Exterior: Porch/Covered
- Cooling: Central Air
- List Price: $229,000
- Price/SqFt: $188
- Annual Tax Amount: $1,703
- Tax Year: 2024
- 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.
- Year Built: 1979
- Living Area: 1,216 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 5101235
- MLS Name: LufkinTX
- Office Name: Allman Company
- Office Email: shane@allmancompany.net
- Listing Agent: Shane Allman
Copyright 2025 Lufkin Association of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 6/17/2025, 9:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$229,000
122 Isle Dr
$2,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $187,840 | $1,703 |
2023 | $187,840 | $1,703 |
2021 | $112,650 | $1,645 |
2020 | $112,650 | $- |
2019 | $112,650 | $- |
History based on county public records data.
Nearby schools
4
Hemphill Elementary School
Public District PK-4
6.8 mi
•1000 Milam St
4
Zwolle Elementary School
Public District PK-6
16.5 mi
•743 Championship Drive
6
West Sabine Elementary School
Public District PK-5
16.5 mi
•459 Temple Rd N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,490. The most common annual income of people living in Hemphill, TX is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
Frequently asked questions
About 122 Isle Dr
The listing price of 122 Isle Dr property is $229,000.
The property 122 Isle Dr is a house located in Hemphill, Texas, 75948.
Active Listing: 122 Isle Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 122 Isle Dr are: Hemphill Elementary School (GreatSchools Rating 4/10), Zwolle Elementary School (GreatSchools Rating 4/10), West Sabine Elementary School (GreatSchools Rating 6/10), Hemphill Middle School (GreatSchools Rating 6/10), Many Junior High School (GreatSchools Rating 5/10), Hemphill High School (GreatSchools Rating 5/10), Negreet High School (GreatSchools Rating 8/10), Ebarb High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,703 (source: MLS/based on county public records data).
The property at 122 Isle Dr has 2 bedrooms and 1 bathroom.
The property 122 Isle Dr is 1,216 SqFt (source: MLS/tax record).
The year of construction for 122 Isle Dr is 1979.
This home is located at 122 Isle Dr in Hemphill, TX and zip code 75948. This 1,216 square foot home, which was built in 1979, sits on a 0.50 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $229,000.
In May 2025 more than 1 listings in Hemphill, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in Hemphill, TX increased by 2.7% between April and May 2025. The median list price of listings available in May 2025 was $299,000, while the average time on the real estate market was 132 days.