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$160,000

12740 County Road 2404, Kemp, TX, 75143

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,026 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$155.95 / sqft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringCarpet, Laminate, Simulated Wood

Exterior

Lot Size27,399 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces2

Land Information

APN0470-0040-0D00-50
SubdivisionAb 0470 J Love Sur
Land UseResidential
Legal DescriptionTR 4D AB 470 J LOVE SUR, TR 4D (RE:PT TR 4B)
Census Tract950700
Assessed Land Value$25,458
Assessed Improvement Value$38,977
Assessment Year2025

About this property

Quiet country homestead at 12740 County Road 2404, Kemp TX 75143 in Henderson county and Mabank ISD is seeking a new owner. Doublewide Manufactured home built 1993, 1026SF, 2BR-2BA, 2 car garage on .629 acre. Open living and dining area. Wood burning fireplace and wall heater for the few really cold Texas days. Big windows in the living provide natural light. Split bedrooms and baths. One bath has a walk-in shower and the second bath has a tub and shower combination. Kitchen includes dishwasher, electric oven, double sink, built in cabinets, and fridge (may be available). Laundry area with full size washer and dryer (may be available). Propane gas heater and furnace, (tank is owned and conveys). Carpet and laminate flooring installed in some areas in 2024. Small screened porch on the side. The property is fenced and back area has a separate fenced area, great for animals. Lifetime warranty on roof. Information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information including but not limited to schools, City rules, and measurements. GPS 32.32003400, -96.23053300

Investor Tools

Property Icon
$160,000
Estimated Property Value
$158,200Estimated Mortgage Balance
$2,256Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$49
$61,993
2025
$25,458
$38,977
$64,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$49
$61,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$158,200
No
First
Mar 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,744
$2,256
1%
99%
$949/mo

Learn About the Market: Opportunity in Texas

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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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