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$500,000

19399 State Highway 274, Kemp, TX, 75143

On MarketInfo
Beds6 Beds
Baths6 Bath
Baths3,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 6Bathrooms 6
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Garage Spaces2

About this property

Two homes, 10.5 fenced acres and serious workspace come together on this versatile East Texas property in Kemp. It includes a 1991 sq. foot brick home with three bedrooms and three baths plus an updated 1974 sq. foot double wide manufactured home with three bedrooms and two and a half baths. The well cared for brick home offers an open floor plan, wood burning fireplace, large sunroom, attached garage and two car carport. The second home adds a beautiful updated kitchen, two living areas, fireplace, its own two car carport and an above ground pool with deck.Together, the residences create flexible options for multigenerational living, extended stays, separate households, rental income or simply having more room. A 40x60 insulated warehouse with electricity, overhead door and covered parking provides substantial room for equipment, projects, storage or business support needs. The covered area can accommodate an RV, heavy equipment and more. The acreage is fenced and cross fenced, with horses and cattle currently on the property. Two seasonal ponds, a greenhouse, a small barn and several smaller storage buildings add to its small farm and outdoor living appeal. Make sure you don’t miss the outdoor gathering area beneath the gorgeous shade trees. A beautiful and inviting place to sit back and unwind at the end of the day. Highway frontage provides convenient access and visibility but the homes and primary improvements sit farther back from the road for privacy. There is an additional building with electricity near the highway offering further workshop, office, storage or business potential. Whether your plans include two households, animals, gardening, a home based operation or more room for the things you enjoy, this property gives you space to make those plans work. Square footage and room count shown on listing is a combination of both homes. The manufactured home was built in 2016. The brick home was built in 1970.

Investor Tools

$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Jamye Montgomery

KW-Cedar Creek Lake Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

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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