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$185,000

NAL Estimated Property Value

31396 Creek Drive, Kemp, TX, 75142

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$96.65 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size40,859 sqft

Building Information

Year Built1991
Roof Type105

Land Information

APN4198-0000-0310-85
Lot Number31
SubdivisionSpring Creek Subd (92)
Land UseResidential
Legal DescriptionLT 31 AB 290 W N HARDEMAN SUR, SPRING CREEK LT 31, D/67
Census Tract950700
Assessed Land Value$1,500
Assessed Improvement Value$79,589
Assessment Year2025

About this property

Priced to sell! Motivated seller, bring an offer* Great investment or rehab property with 1 acre of land that backs up to a small creek. With some TLC, you got yourself a perfect fixer upper! Or rehab investment. Metal roof, semi-new floor, well kept. Very close to Cedar Creek Lake, it is a must see! 'AS IS'

Investor Tools

Property Icon
$185,000
Estimated Property Value
$197,746Estimated Mortgage Balance
$185,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$355
$81,089
2025
$1,500
$79,589
$81,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$355
$81,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Unknown
$103,920
No
First
Sep 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,746
N/A
0%
107%
$1,248/mo

City: Kemp

31396 Creek Drive | Property Details | No Agent List