7157 Co Road 4042, Kemp, TX 75143
- $100,000
- List Price
- $100,000
- MLS#
- 21023020
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 2.32
- County
- Kaufman
- City
- Kemp
- Subdivision
- Edgewater Add Ph 2
Property Description
THIS LISTING IS FOR LOT THREE (3) ONLY. Seller has 4 adjacent lots totaling 10.2 acres. Just under an hour drive from downtown Dallas, Edgewater is THE luxury destination at Cedar Creek Lake. It's platted as 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 1.6032 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 ($ 200,000), lots 3 and 4 ($ 200,000), or lot 3 by itself ($ 100,000). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.
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Additional Information
- HOA Fees
- $750
- HOA Freq
- Annually
- Lot Size
- 101,059
- Acres
- 2.32
- Lot Description
- Irregular Lot, Many Trees, Subdivision, Subdivided
- School District
- Kemp Isd
- Elementary School
- Kemp
- High School
- Kemp
- Possession
- CloseOfEscrow
- Proposed Use
- Residential
- Possession
- CloseOfEscrow
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Listing courtesy of Jarod Marcus from RE/MAX Trinity. Contact: 817-310-5200