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$100,000

Est. payment - /mo

2.32 Acres Lot

Active

7157 Co Road 4042 Kemp, TX 75143

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Edgewater Add Ph 2

MLS Listing ID 21023020

HOA Fees $750/ann

HOA Y/N Yes

Lot Size 2.320 Acres

Acres 2.32

Lot Dimensions 477 x 211 apx.

Property Sub-Type Unimproved Land

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.

Location

State TX

County Kaufman

Zoning Residential

Direction From 175 CF Hawn, turn west-south on 274, turn east on 4042, property is about a mile down on the left (north side of the street).

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Municipal Utilities, Sewer Not Available, Underground Utilities, Water Available

Present Use Residential,Single Family

Street Surface Asphalt

Road Frontage County Road

Building

Lot Description Interior Lot, Many Trees, Subdivision, Subdivided

Schools

Elementary Schools Kemp

High Schools Kemp

School District Kemp Isd

Others

HOA Name Associa- Lily Olvera

HOA Fee Include All Facilities,Association Management

Senior Community No

Tax ID 197545

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21023020

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