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$70,000

NAL Estimated Property Value

TBD Miller Road, Kemp, TX, 75143

Off MarketInfo
CommercialInfo

About this property

Great opportunity for investors or builders in one of the fastest growing counties in the state! At the corner of Miller Rd and Tolosa Rd in Kemp, this corner property can be negotiated for additional acreage that backs up to the proposed future Kemp food truck lot, grocery store and dollar store on HWY 274. Property is in close proximity to schools. City water and sewer available at the road. This property would be ideal to purchase adjoining additional acreage and divide into residential lots. There is a survey of whole parcel ID 7105 for reference only and includes a concept plan with 5 lots shown at the corner of Tolosa and Miller Rd. New parcel sold will need a new survey. Acreage is currently zoned commercial but can easily be rezoned residential for future homes, or left as is for businesses. Bring your ideas to develop this approximately 1.5+ acres!

Investor Tools

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$70,000
Estimated Property Value
$0Estimated Mortgage Balance
$70,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

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Financing Details

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

City: Kemp

TBD Miller Road | Property Details | No Agent List