7137 COUNTY ROAD 4042, KEMP, TX 75143
Homes for sale in Kemp.
Homes for sale in 75143.
7137 COUNTY ROAD 4042
Kemp, TX 75143
List Price$120,000
Listing #21264190
About This Property
Edgewater is THE luxury destination at Cedar Creek Lake. Just under an hour drive from downtown Dallas. Perfect for an exclusive estate home with incredible privacy! It's platted as 1 of 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 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 ($ 120,000). 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, Sewer Not Available, Underground Utilities, Water Available
Current Use
Residential, Single Family
Fencing
None
Possible Best Use
Residential
Has a Pool
Yes
Zoning
Residential
Pool Description
Community
Development Status
Site Plan Approved, Streets Installed
Lot Description
Interior Lot, Many Trees, Subdivision, Subdivided
Road Description
County Road, Asphalt
Lot Size in Acres
2.496
Is One Story
No
Lot Size in Sq. Ft.
108,725
Lot Description
Interior Lot, Many Trees, Subdivision, Subdivided
Lot Dimensions
477 x 228 apx.
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, Pool, Trails/Paths
Has a Home Owners Association
Yes
Documents Available
Plat
HOA Fee
$1,250
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$560
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$432
Monthly Tax
$100
Monthly Insurance
$28
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
Real Estate IDX Powered by iHomefinder
