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$429,115

NAL Estimated Property Value

1340 E Cedar Creek Pkwy, Kemp, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.08 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesStorage
Lot Size10,324 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN3175-0000-0060-89
Lot Number6
SubdivisionIsland Waters (5)
Land UseResidential
Legal Description6 AB 143 J T CHILDRESS SUR, ISLAND WATERS SUBD, LT 6 (THE ISLAND SHORES)
Census Tract950700
Assessed Land Value$55,044
Assessed Improvement Value$374,071
Assessment Year2025

About this property

Wide Open Water, Eastern Exposure, & Great Water Depth! This 3 bedroom 2 bath home offers a prime location and tons of potential. Situated on two lots with over 190 feet on the water. Gorgeous views from all directions offering both sunrises & sunsets. Ideal property for an investor or buyer with vision. Not up for a renovation? Tear down the home and start with a blank slate creating your own lakeside retreat! Super convenient to restaurants, shopping, and marinas. Location, Location, Location!

Investor Tools

Property Icon
$429,115
Estimated Property Value
$0Estimated Mortgage Balance
$429,115Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,575 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,909
$429,115
2025
$55,044
$374,071
$429,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,909
$429,115

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$429,115
100%
0%
$0/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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1340 E Cedar Creek Pkwy | Property Details | No Agent List