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$276,000

704 S Jesse Lee St, Kemp, TX, 75143

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
AppliancesDishwasher, Electric Cooktop, Electric Range, Electric Water Heater
FlooringTile

Exterior

Lot Size20,038 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN99.0003.0000.1130.00.04.04
SubdivisionJ S Ables
Land UseResidential
Legal DescriptionJ S ABLES, TRACT 1130.00; 0.46 ACRES
Census Tract051301
Assessed Land Value$40,074
Assessed Improvement Value$203,684
Assessment Year2025

About this property

COMPLETELY updated charming home that has new plumbing, electrical systems, foundation, flooring, appliances and HVAC ensuring peace of mind for its new owners! Open floor plan perfect for entertaining! Step outside to discover the huge shop in the back, perfect for a man cave, pool room, or even a potential additional living space. The large yard offers plenty of room for kids and pets to play, as well as ample parking for guests or hobbies. Location is another great advantage, with the home being within walking distance to the intermediate and junior high schools, and just a quick 3-minute drive to the high school. House comes with a transferable foundation warranty! Don’t miss out on this perfect blend of comfort, functionality, and location! Schedule a showing today to see all that this wonderful home has to offer! Home is vacant and easy to show.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$245,373Estimated Mortgage Balance
$34,948Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,819
$243,758
2025
$40,074
$203,684
$243,758
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,819
$243,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$245,373
Yes
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,052
$34,948
12%
87%
$1,472/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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704 S Jesse Lee St | Property Details | No Agent List