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7117 Co Road 4042 | 20423325 | Allie Beth Allman & Associates
Listing provided courtesy of RE/MAX Trinity - MLS#20423325MLS Provider

7117 Co Road 4042

Kemp, TX 75143
Vacant Land · 10.20 Acres

$400,000 Active

Overview

Time on Site:
17 days
Visits:
0

Build your very own lake house less than an hour from Dallas, in this fabulous LUXURY gated neighborhood. Four adjacent lots totaling 10.2 acres with frontage on 3 sides, & many trees for added privacy. Minimum square footage is 1,500, so you can build a weekend retreat, or a large luxury estate home! Deed restricted, so neighboring homes have sold starting in the 800s to almost 2 million on one acre lots. Co-op electric & MUD water available, septic system required. Lots of community amenities- Trails, pavillion, community marina, boat storage lot, & more. Clubhouse & gym under construction & pool is forthcoming. Careflite Helipad & membership included. New communications tower- better cell & internet signal coming soon. Will sell as 2 separate tracts- lots 1&2 (west portion) 5.471 ac for $ 225,000 or lots 3&4 (east portion hilltop) 4.729 acres for $ 225,000. Will also sell lots 2 or 3 individually for $ 120,000 each. Call for gate code.

View Map

Facts & Features

  • Type Vacant Land
  • Lot 10.20 Acres

General

Association/HOA
  • Association Fee: $1,500.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Full Use of Facilities, Management Fees
  • Association Type: Mandatory
School Information
  • Elementary School: Kemp
  • High School Name: Kemp
  • Intermediate School Name: Kemp
  • Junior High School Name: Kemp
  • Primary School Name: Kemp
Business Information
  • Current Use: Residential
Location/Region
  • Country: United States
  • County Or Parish: Kaufman
  • Subdivision Name: Edgewater Add Ph 2
Community/Development
  • Community Features: Boat Ramp, Club House, Community Dock, Community Pool, Gated, Jogging Path/Bike Path, Park, Playground
  • Development Status: Plat Approved, Streets Installed, Utilities Installed
General Information
  • Municipal Utility District: Yes
  • Parcel Number: 197543
  • Possible Use: Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Restrictions: Deed
  • Second Mortgage: No
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Subdivided: Yes

Interior

Exterior

Lot Information
  • Lot Features: Acreage, Many Trees
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 10.2000
  • Lot Size Area: 10.2000
  • Lot Size Dimensions: 893x478x953x480 apx
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 444312.0000
  • Lot Size Units: Acres
  • Number Of Lots: 4
  • Road Surface Type: Asphalt
Waterfront/View
  • Water Body Name: Cedar Creek
Building Exterior/Construction
  • Frontage Feet: 953
General Information
  • Horse: No
  • Road Frontage Type: County Road
  • Utilities: Asphalt, Co-op Electric, MUD Water, Outside City Limits, Underground Utilities, No Sewer

Monthly Cost

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$515,171
Median Sales Price
$238
Median Price per Square Foot
68
Properties Sold
34
New on Market
79
Average Days on Market
126
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/3/2023Source: North Texas MLS Added to Database
September 03, 2023