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Listing provided courtesy of RE/MAX Trinity- MLS# 21264190MLS ProviderContact Information: Jarod Marcus - 817-310-5200

7137 COUNTY ROAD 4042Kemp, TX 75143

Vacant Land · 2.50 Acres
$120,000 Active

7137 COUNTY ROAD 4042 Overview

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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.

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7137 COUNTY ROAD 4042 Facts & Features

  • Type Vacant Land
  • Lot 2.50 Acres

Details

General

Association/HOA

  • Association Fee: 1250.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: All Facilities,Association Management
  • Association Name: Texas Star Community Management
  • Association: Yes

School Information

  • School District: Kemp ISD
  • Elementary School: Kemp
  • High School: Kemp

Business Information

  • Current Use: Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Kaufman
  • Postal City: KEMP
  • Subdivision Name: Edgewater Add Ph 2

Community/Development

  • Community Features: Clubhouse,Dock,Fishing,Gated,Marina,Pool,Trails/Paths
  • Development Status: Site Plan Approved,Streets Installed

Rent/Lease Information

  • Land Lease: No

General Information

  • Disclosures: Municipal Utility District Disclosure
  • Listing Terms: Cash,Conventional,Texas Vet
  • Parcel Number: 197544
  • Possible Use: Residential
  • Property Sub Type: Improved Land
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Interior Lot,Many Trees,Subdivision,Subdivided
  • Lot Size Acres: 2.496
  • Lot Size Area: 2.496
  • Lot Size Dimensions: 477 x 228 apx.
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 108725.76
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Fencing: None
  • Pool Features: Community
  • Road Frontage Type: County Road
  • Utilities: Electricity Available,Municipal Utilities,Sewer Not Available,Underground Utilities,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7137 COUNTY ROAD 4042 Market Data

Based on the last 30 days in this zip code

$593,331
Average List Price
$282
Average Price per Square Foot
17
Properties Sold
97
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network


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