7117 COUNTY ROAD 4042, KEMP, TX 75143

Homes for sale in Kemp.

Homes for sale in 75143.


7117 County Road 4042

Kemp, TX 75143

Active

List Price$400,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21237360

10.2

Acres

Lots / Land

Type

About This Property

Edgewater is THE luxury destination at Cedar Creek Lake, and this is the ONLY 10+ acre tract among 1-2 acre neighbors. Just under an hour drive from downtown Dallas. This property stretches from the main entrance at Edgewater Drive, all the way to the third entrance at Ryan Lane and comprises the whole southern half of the block. Perfect for an exclusive estate home with incredible privacy! It's platted as 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 1.8022 per hundred), and no current MUD tax. Edgewater amenities include a community marina with boat docks, almost a mile of hiking trails, a secure community boat & RV storage lot, & more! The clubhouse is under construction and will include a workout room, and a playground. A community pool is also in the planning stages. Your HOA dues include a Careflite membership, so medical care is just a short flight away. Underground utilities include co-op electric and MUD water, septic system will be necessary. The new communications tower is now complete for stronger cellular and internet signals. Seller financing is available with minimum 20% down, 30 year amortization with a 2 or 3 year balloon, rate to be determined based on LTV and creditworthiness. Seller will entertain breaking the property up, lots 1 and 2 ($ 225,000), lots 3 and 4 ($ 225,000), or lot 2 or 3 by itself ($ 119,800). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.

Property Features

Location Information

County

Kaufman

Subdivision

Edgewater Add Ph 2

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Municipal Utilities, See Remarks, Underground Utilities, Water Available

Possible Best Use

Residential

Fencing

None

Zoning

Residential

Lot Description

Acreage, Many Trees, Subdivided

Development Status

Site Plan Approved, Streets Installed

Lot Size in Acres

10.2

Road Description

County Road, Asphalt

Lot Size in Sq. Ft.

444,312

Lake Name

Cedar Creek

Lot Dimensions

893x478x953x480 apx

Is One Story

No

Current Use

Residential, Single Family

Lot Description

Acreage, Many Trees, Subdivided

School

Elementary School District

Kemp ISD

High School

Kemp

Elementary School

Kemp

Additional Information

Property Type

LL

HOA Frequency

Annually

Property SubType

Improved Land

HOA Includes

All Facilities, Association Management

Status

Active

Community Features

Clubhouse, Dock, Fishing, Gated, Marina, Trails/Paths

Has a Home Owners Association

Yes

Documents Available

Plat

HOA Fee

$2,500

Lot Acres Source

Public Records

Similar Listings

Mortgage Calculator

$1,867

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,441

Monthly Tax

$333

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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