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First Choice Real Estate Services

E-Mail: Info@1stChoiceToledoBend.com
Phone: (318) 645-6645

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Waterfront Property and Leasebacks

What you need to know…

When your lot is on the water on Toledo Bend Lake, you effectively have some “extra” land known as a “leaseback”. The state owns the lake and a certain amount of land surrounding. The lake’s nominal level is 172′ MSL (Mean Sea Level).

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From this point, the state also owns another portion of land up to the “take line”. The “take line” is at the 175′ MSL level and a minimum of 50′ horizontally from the 172′ MSL line. The use of this land is permitted to the owners of the land that adjoins it toward the water and is known as a “leaseback” because it is literally leased from the State of Louisiana for 99 years. Residential property owners do not pay any annual fee for this lease.

So, in addition to the land you purchase, you effectively get an additional parcel of land in the form of the leaseback. Note that no living structures may be constructed on the leaseback, but other facilities such as docks, boat houses, etc. are permitted. The leaseback should always be specified in your deed. Permits are required to construct a dock, boat house, or other structure on the leaseback and/or into the lake itself and are obtained through the Sabine River Authority of Louisiana.


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NOTE: The information presented above is intended as a brief guideline and is not presented as a final authority or complete set of rules on the subject. The Sabine River Authority, State of Louisiana administers the regulations and is the final authority on them.

TEXAS: On the Texas side of the lake the situation with waterfront property is somewhat different. What we call the “leaseback” in Louisiana is, for all practical purposes, “rented” back to property owners each year on the Texas side with an annual fee.


Featured Properties

1282 Oak Ridge Road $975,000

1282 Oak Ridge Road MANY, Louisiana

4 Beds 4 Baths 2,312 SqFt 1.200 Acres

141 Elim Boulevard $595,000

141 Elim Boulevard ZWOLLE, Louisiana

4 Beds 3 Baths 2,524 SqFt 0.290 Acres

75 Acacia Lane $472,000

75 Acacia Lane ZWOLLE, Louisiana

3 Beds 2 Baths 1,888 SqFt 0.780 Acres

70 Lavina Street $375,000

70 Lavina Street MANY, Louisiana

2 Beds 2 Baths 1,956 SqFt 2.770 Acres

486 Shamrock Lane $330,000

486 Shamrock Lane MANY, Louisiana

3 Beds 2 Baths 2,212 SqFt 0.570 Acres

642 Loggers Trl $255,000

642 Loggers Trl MANY, Louisiana

4 Beds 2 Baths 2,056 SqFt 0.560 Acres

1600 Matthews Lodge Road $245,000

1600 Matthews Lodge Road MANY, Louisiana

2 Beds 2 Baths 1,185 SqFt 0.130 Acres

25 East Run Road $230,000

25 East Run Road MANY, Louisiana

3 Beds 2 Baths 1,400 SqFt 0.430 Acres

3295 Kites Landing Road $220,000

3295 Kites Landing Road FLORIEN, Louisiana

5 Beds 3 Baths 2,080 SqFt 1.150 Acres

284 & 294 Twin Vista Drive $179,000

284 & 294 Twin Vista Drive MANY, Louisiana

3 Beds 2 Baths 980 SqFt 1 Acres

100 Bailey Chemin Way $170,000

100 Bailey Chemin Way ZWOLLE, Louisiana

3 Beds 3 Baths 1,416 SqFt 0.320 Acres

68 Canterbury Road $169,500

68 Canterbury Road ZWOLLE, Louisiana

4 Beds 2 Baths 1,344 SqFt 0.200 Acres

140 Saints Lane $168,000

140 Saints Lane MANY, Louisiana

3 Beds 2 Baths 1,232 SqFt 0.560 Acres

781 Quiet Cove Road $65,000

781 Quiet Cove Road FLORIEN, Louisiana

3 Beds 2 Baths 1,120 SqFt 0.500 Acres

610 N Apache Tr $55,000

610 N Apache Tr ZWOLLE, Louisiana

1 Beds 1 Baths 560 SqFt 0.400 Acres

3395 Hwy 1215 $49,900

3395 Hwy 1215 ZWOLLE, Louisiana

2 Beds 2 Baths 980 SqFt 0.450 Acres

115 Lucy Drive $48,000

115 Lucy Drive CONVERSE, Louisiana

2 Beds 1 Baths 720 SqFt 0.280 Acres

000 Lanes End Road $299,000

000 Lanes End Road MANY, Louisiana

4.500 Acres

000 Kathy Lane $260,000

000 Kathy Lane ZWOLLE, Louisiana

2.400 Acres

316 Lakeview Drive $89,000

316 Lakeview Drive MANY, Louisiana

1.040 Acres

Tract 27 Stoney Creek Drive $85,000

Tract 27 Stoney Creek Drive MANY, Louisiana

0.900 Acres

Tract 28 Stoney Creek Drive Many $80,000

Tract 28 Stoney Creek Drive Many MANY, Louisiana

1.230 Acres

101 Meadowridge Drive $79,000

101 Meadowridge Drive ZWOLLE, Louisiana

0.760 Acres

111 Meadowridge Drive $69,000

111 Meadowridge Drive ZWOLLE, Louisiana

0.470 Acres

Tract 29 Stoney Creek Drive $55,000

Tract 29 Stoney Creek Drive MANY, Louisiana

0.920 Acres

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Phone: (318) 645-6645

Email: info@1stChoiceToledoBend.com

 

Licensed by the Louisiana Real Estate Commission

MEMBER of Greater Central Louisiana Realtors Association. All properties listed on Multiple Listing Services

 

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