Herb Parsons Lake is a reservoir lake located in Fayette County, Tennessee near the town of Collierville in neighboring Shelby County. It is owned and operated by the Tennessee Wildlife Resources Agency, and is named after Herb Parsons, a famed exhibition shooter from the county. The lake is known primarily for its fishing, hiking and bicycle trails, an…Herb Parsons Lake is a reservoir lake located in Fayette County, Tennessee near the town of Collierville in neighboring Shelby County. It is owned and operated by the Tennessee Wildlife Resources Agency, and is named after Herb Parsons, a famed exhibition shooter from the county. The lake is known primarily for its fishing, hiking and bicycle trails, and wildlife. Its facilities include a boat launching ramp, fish attractors, handicapped accessible fishing pier, bait and tackle, rental boats, and concessions.