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$480,482

NAL Estimated Property Value

12250 County Road 2404, Kemp, TX, 75143

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,597 Sq Ft
price_per_sqft$192.49 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Microwave, Other

Exterior

Lot Size10.07 acres

Building Information

Year Built2025
Garage Spaces2

Land Information

APN0470-0040-0A00-50 01
SubdivisionAb 0470 J Love Sur
Land UseFarm Or Ranch Residence
Legal DescriptionTR 4A AB 470 J LOVE SUR, TR 4A (RE:TR 4A-1) (LBL: HWC0438350 SRL: CBH027658TX)
Census Tract950700
Assessed Land Value$135,945
Assessed Improvement Value$344,537
Assessment Year2025

About this property

Exquisite Home on Ten Acres with Modern Upgrades! Indulge in the charm of this beautifully updated residence, boasting a fresh coat of paint, elegant granite countertops, and plush new carpeting throughout. This spacious 2597-square-foot home features four bedrooms and 2.5 bathrooms, offering a perfect blend of comfort and style. Nestled on a sprawling ten-acre lot, this haven provides a serene escape just minutes away from Cedar Creek Lake. The secluded location ensures tranquility, allowing you to savor the enchanting East Texas sunsets in peace. The property includes a shop for all your storage needs and provides ample space for hobbies and more. The level acreage is enhanced with partial fencing. roof Dec 2023. Easy drive to the metroplex making this location ideal for those who crave the tranquility of rural life without sacrificing access to urban amenities.

Investor Tools

Property Icon
$480,482
Estimated Property Value
$416,854Estimated Mortgage Balance
$63,628Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,001
$480,482
2025
$135,945
$344,537
$480,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,001
$480,482

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$433,800
No
First
Mar 13, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,854
$63,628
13%
87%
$2,601/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.

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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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12250 County Road 2404 | Property Details | No Agent List