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$316,000

NAL Estimated Property Value

11824 Fm 1391, Kemp, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
price_per_sqft$160.71 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size10 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0412.0000.0295.01.95.00
SubdivisionAntonil D L Reyes
Land UseResidential
Legal DescriptionANTONIL D L REYES, TRACT 295.01; 10. ACRES, LABEL# TEX0426432, TITLE: MH00415910
Census Tract051301
Assessment Year2025

About this property

This expansive 10-acre parcel offers a rare opportunity for developers, investors, and agricultural enthusiasts alike. Completely cleared and level, this property is a blank canvas with all utilities available on-site, providing endless possibilities. Whether you’re looking to build, hold, or cultivate, this land is ready for your vision! Property has a 1680sqft Mobile Home onsite, with foundation beams ready for another build. Horses were previously kept on site, land is currently used to bale hay. Neighboring properties have shown to sell in the $300,000 range for 3 acres. Bring all offers and come expand your horizon's in Kemp, TX!

Investor Tools

Property Icon
$316,000
Estimated Property Value
$206,773Estimated Mortgage Balance
$109,227Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,391
$167,472
2025
N/A
N/A
$283,026
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,391
$167,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Signature Lending Llc
Fha
$207,977
Yes
First
Jan 28, 2026
Feb 2057

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,773
$109,227
34%
65%
$1,247/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kemp

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11824 Fm 1391 | Property Details | No Agent List