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$240,000

17506 Country Club Dr, Kemp, TX, 75143

$276,861 ARVInfo
Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.45 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringTile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,401 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1051.0000.0004.00.95.00
Lot Number4
SubdivisionFairway Gardens Addition
Land UseResidential
Legal DescriptionFAIRWAY GARDENS ADDITION, LOT 4; & HOUSE & HOUSE
Census Tract051301
Assessed Land Value$60,000
Assessed Improvement Value$255,246
Assessment Year2025

About this property

AVAILABLE FOR OFFERS! Lake & Golf resort style area, NO HOA. Popular area retirees, remote workers, mix of full-time residents & weekenders. Ongoing demand for vacation rentals & second homes. Rare opportunity, Positioned up the road from 32acre Lake Cedar Creek. New 2024 HVAC & 2024 high definition roof, located near 6th hole on golf course & bass fishing pond. Home needs light personal performance cosmetic upgrades or just deep clean & move-in, nothing overwhelming. 4 bedrooms, front magnolia tree, fully bricked, Tall ceilings throughout, tall fireplace, custom design for natural lighting & wide spaces, huge dining room, long laundry room, Shutters, Skylights, double closet in primary, handicap accessible. Local Country Club offers luxury restaurant-golf-pool-tennis & more, optional participation. Slow lifestyle while still being within commuting distance of the Dallas–Fort Worth metro area. You'll see everything from modest cabins to multi-million-dollar waterfront homes. Kemp has medicine clinics, urgent care options, nursing-rehab facilities. Approx.81 million spent on new schools construction & renovations. Fast internet speeds. Many residents spend weekends boating, attending live music, get a peaceful, lake-oriented lifestyle with enough local conveniences for everyday needs. Annual recurring events: July Fest celebrations, Holiday parades, Christmas tree lighting events, Farmers markets. The lake is known for: Excellent largemouth bass, Crappie, White bass, Catfish, Boating, Swimming, Bird watching. Several full-service marinas offer: Boat slips, Fuel docks, Boat storage, Service and repair, boat rentals.

Investor Tools

$143,832Estimated Mortgage Balance
$144,956Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$276,861
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,730 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,080
$288,411
2025
$60,000
$255,246
$315,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,080
$288,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Fha
$162,993
Yes
First
Sep 16, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,832
$233,168
61%
50%
$1,076/mo

City: Kemp

17506 Country Club Dr | Property Details | No Agent List