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$319,000

8423 Southern Shore Court, Kemp, TX, 75143

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.75 acres

Land Information

APN00.0950.0001.0070.00.04.00
Lot Number70
SubdivisionEdgewater Addition Ph 2
Land UseResidential
Legal DescriptionEDGEWATER ADDITION PH 2, BLOCK A, LOT 70
Census Tract051302
Assessed Land Value$250,000
Assessment Year2025

About this property

Rare opportunity to build your dream lakefront retreat on one of the largest lots in Edgewater at Cedar Creek Lake! Situated on approximately 1.75 acres at the end of a quiet cul de sac, this exceptional homesite offers beach lakefront, dockable water frontage, and plenty of space to create a custom home designed around lake living. Located in the gated Edgewater at Cedar Creek community, this oversized waterfront lot offers the perfect combination of privacy, space, and direct access to Cedar Creek Lake. Imagine mornings by the water, launching from your future private dock, and evenings enjoying beautiful lake views from your custom-built home. Edgewater is an exclusive community featuring 148 luxury homesites and resort-style amenities, including a 10-acre lakefront pavilion and park, community boat slips, and access to the recreational lifestyle Cedar Creek Lake is known for. Approximately 45 minutes southeast of the DFW area, this property offers an ideal setting for a full-time residence, weekend lake house, or luxury getaway. Bring your building plans and create the lakefront lifestyle you’ve been dreaming about!

Investor Tools

$206,517Estimated Mortgage Balance
$100,483Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Pamala Lambert

Keller Williams Legacy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,810
$250,000
2025
$250,000
N/A
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,810
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tx Land Inc
Stand Alone Second / Subordinate Position
$217,425
No
First
Nov 7, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,517
$100,483
32%
67%
$1,304/mo

City: Kemp

8423 Southern Shore Court | Property Details | No Agent List