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$339,999

510 S Pearl St, Kemp, TX, 75143

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,519 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.83 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesPrivate Yard, Other
Lot Size13,068 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.2320.0000.0006.00.04.04
Lot Number6
SubdivisionMc Dougald & Hanna
Land UseResidential
Legal DescriptionMC DOUGALD & HANNA, LOT 6 PT & 7 PT
Census Tract051301
Assessed Land Value$65,340
Assessed Improvement Value$280,695
Assessment Year2025

About this property

This custom-built 3-bedroom, 2-bath home, constructed in 1996, has been lovingly owned by the same family since its creation. Located near Cedar Creek Lake and with easy access to US HWY 175, it offers a peaceful retreat with convenient access to Dallas. The home features an attached 2-car garage and a detached 2-car garage, perfect for extra storage or workspace. Recent updates include a new roof (2022), furnace (2022), hot water heater (2024), new flooring, and freshly painted interiors. The craftsmanship shines through in the custom cabinetry and quality materials throughout. The backyard features a LARGE, extended and 61x37 covered patio, added around 2018 and valued at $80–100K, offering a perfect space for entertaining. The patio roof has been tied into the home roof, for a seamless exterior effect and the ceiling is cedar planked, accented with six beautiful ceiling fans. The hot tub conveys, though it has been drained and covered since 2022, with its condition unknown. Combining timeless charm, modern updates, and proximity to Cedar Creek Lake, this home is ideal for peaceful living with city convenience.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$325,000Estimated Mortgage Balance
$0Estimated Equity
-25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$259,185
2025
$65,340
$280,695
$346,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$259,185

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Harmony Bank
Va
$325,000
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,301
N/A
0%
122%
$1,949/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.

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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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510 S Pearl St | Property Details | No Agent List