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Days337Days on Market
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$574,999

8424 Edgewater Drive, Kemp, TX, 75143

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.80 acres

Land Information

APN00.0949.0001.0055.00.04.00
Lot Number55
SubdivisionEdgewater Addition Ph 1
Land UseResidential
Legal DescriptionEDGEWATER ADDITION PH 1, BLOCK A, LOT 55
Census Tract051302
Assessed Land Value$339,000
Assessment Year2025

About this property

Incredible Waterfront Lot in the Exclusive Edgewater Gated Community! This expansive 2.798+ acre property features over 282 feet of water frontage on Cedar Creek Lake. Positioned at the tip of the peninsula, it offers panoramic 180-degree views—one of the most exceptional building lots in the subdivision. With north-western exposure, open water views for miles, this lot provides a truly serene setting. Build your dream lake house, surrounded by a mix of mature trees. The community includes underground utilities, paved roads, gated entry, boat slips, and a lakeside pavilion. This is a rare opportunity to own in a neighborhood with beautiful new homes being built throughout the area.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Valerie Bahm

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,443
$339,000
2025
$339,000
N/A
$339,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,443
$339,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$544,000
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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8424 Edgewater Drive | Property Details | No Agent List