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$59,900

7057 County Road 4042, Kemp, TX, 75143

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.18 acres

Land Information

APN00.0949.0003.0004.00.04.00
Lot Number4
SubdivisionEdgewater Addition Ph 1
Land UseResidential
Legal DescriptionEDGEWATER ADDITION PH 1, BLOCK C, LOT 4
Census Tract051302
Assessed Land Value$55,000
Assessment Year2025

About this property

TWO+ ACRES IN GATED WATERFRONT COMMUNITY on Cedar Creek Lake, beautiful site-built homes in the area. Enjoy this small acreage with space to roam, along with 5 neighborhood hiking, biking & walking trails. Utilize waterfront pavilion, firepit, and community boat dock, spend your days on the lake fishing, boating, and relaxing with friends and family! Only a short walk to the lake, short 45 min drive to metroplex. For additional community information, deed restrictions, amenities, and virtual tour, see MLS detail information under HOA.

Investor Tools

Property Icon
$100,000
Estimated Property Value
$0Estimated Mortgage Balance
$100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$922
$55,000
2025
$55,000
N/A
$55,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$922
$55,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,000
100%
0%
$0/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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7057 County Road 4042 | Property Details | No Agent List