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$59,000

7077 County Road 4042, Kemp, TX, 75143

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.60 acres

Land Information

APN00.0949.0003.0003.00.04.00
Lot Number3
SubdivisionEdgewater Addition Ph 1
Land UseResidential
Legal DescriptionEDGEWATER ADDITION PH 1, BLOCK C, LOT 3
Census Tract051302
Assessed Land Value$55,000
Assessment Year2025

About this property

Discover the perfect opportunity to build your dream home or weekend retreat on this beautifully cleared 1.60 acre homesite in Kemp, Texas. With all of the heavy clearing already completed, this property is truly build-ready, saving you time and significant site preparation costs. Enjoy the privacy and flexibility of country living while still being conveniently located near Cedar Creek Lake, shopping, dining, and an easy commute to the Dallas-Fort Worth Metroplex. The level lot offers ample space for a custom home, workshop, outdoor entertaining, or additional improvements (subject to local regulations). Situated in FEMA Flood Zone X (minimal flood risk), this property provides added peace of mind for future development. Whether you're looking to build now or invest for the future, this is a rare opportunity to own a ready to build acreage lot in a growing area.

Investor Tools

$0Estimated Mortgage Balance
$55,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$354 /month
Positive
Cash Flow Estimate:
$118 /month

Interested in this property?

Johanna Rodriguez

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$729
$55,000
2025
$55,000
N/A
$55,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$729
$55,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$55,000
100%
0%
$0/mo

City: Kemp

7077 County Road 4042 | Property Details | No Agent List