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$270,000

605 E 9th Street, Kemp, TX, 75143

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.54 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringLaminate

Exterior

Lot Size11,761 sqft

Building Information

Year Built1930
Stories2
Roof Type105

Land Information

APN99.0003.0000.0005.00.04.04
SubdivisionJ S Ables
Land UseResidential
Legal DescriptionJ S ABLES, TRACT 5.00; .27 ACRES
Census Tract051301
Assessed Land Value$58,806
Assessed Improvement Value$237,604
Assessment Year2025

About this property

Looking for Luxury, Look no further, Stunning Custom, Impressive Elegance, Beautifully Restored Victorian 2 story 3 bedrooms, master down, 3 Baths. Custom kitchen, lighted cabinetry with glass fronts, granite counter tops and breakfast bar. This home has wonderful original crown molding including all window trim and base boards. Door ways are graced with fabulous transoms. Large master with walk out to screened porch. Master bath has jetted tub, and antique cabinet with the sink. Hugh Bedrooms upstairs with sitting areas and desk areas. Lots of storage. Separate Guest House everything needed to complete to your desires, or use as separate office. Truly a Country Victorian. Shoe covers provided at front door

Investor Tools

Property Icon
$296,410
Estimated Property Value
$0Estimated Mortgage Balance
$65,506Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,778 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,527
$296,410
2025
$58,806
$237,604
$296,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,527
$296,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Fha
$255,290
Yes
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,904
$65,506
22%
78%
$1,531/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.

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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605 E 9th Street | Property Details | No Agent List