$200,000
NAL Estimated Property Value10861 County Road 2139, Kemp, TX, 75143
$260,000 ARV
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile
Exterior
Lot Size2.90 acres
Building Information
Year Built1997
Garage Spaces2
Land Information
APN0709-0030-0B00-85
SubdivisionAb 0709 J D Sharp Sur
Land UseResidential
Legal DescriptionTR 3B AB 709 J D SHARP SUR, TR 3B (RE: TRS 3, 3A & 3A)
Census Tract950700
Assessed Land Value$59,508
Assessed Improvement Value$93,921
Assessment Year2025
About this property
This well-kept home is located in a quiet neighborhood. 3 bedrooms, 2 full bathrooms with a split floorplan on 2.9 acres. Oversized 2 car garage along with an additional carport that butts up to the back porch This home could be a vacation home or primary home located within 6 minutes of Seven Points and 10 min from Cedar Creek Lake. The property is fully fenced so bring your horses! Home also has automatic gate. Water heater replaced 2022, metal roof. Listing includes a detached 2 car garage, carport and large chicken coop, large front deck.
Investor Tools
$200,000
Estimated Property Value
$233,037Estimated Mortgage Balance
$200,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$260,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$459
$115,663
2025
$59,508
$93,921
$153,429
No
Tax History
Year
Tax Paid
Assessed Value
2024
$459
$115,663
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$206,196
Yes
First
Feb 23, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,037
N/A
0%
117%
$1,453/mo
