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$450,000

404 Splitrail Drive, Kemp, TX, 75143

$585,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.4 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListARV FlipHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Lot Size20,804 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.3133.0002.0002.00.04.05
Lot Number2R
SubdivisionRanch At Cedar Creek
Land UseResidential
Legal DescriptionRANCH AT CEDAR CREEK, BLOCK B, LOT 2R; & HOUSE (REPLAT 3/314) & HOUSE (REPLAT 3/314)
Census Tract051301
Assessed Land Value$88,000
Assessed Improvement Value$548,243
Assessment Year2025

About this property

Experience country setting while living at The Ranch on Cedar Creek Lake and Cedar Creek Country Club. Stunning, custom home could accommodate multi-generation families. Formal dining & office upon entry with hand scraped hardwoods, open kitchen with tons of light coming in from the large windows in the breakfast area & living room. Huge pantry. Gorgeous master with crown molding. Patio access through the breakfast nook. Every room has its own walk in closet and full bathroom. Relax on your covered patio. Bring offers!

Investor Tools

Property Icon
$786,000
Estimated Property Value
$0Estimated Mortgage Balance
$786,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$585,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,716 /month
Positive
Cash Flow Estimate:
$1,572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,926
$636,243
2025
$88,000
$548,243
$636,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,926
$636,243

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$786,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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404 Splitrail Drive | Property Details | No Agent List