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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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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 Mandatory

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).

Exterior

Utilities Available Asphalt, Co-op Electric, MUD Water, Outside City Limits, Sewer Not Available, Underground Utilities

Street Surface Asphalt

Lot Frontage 211.0

Garage No

Building

Lot Description Interior Lot, Many Trees, Subdivision

Schools

Elementary Schools Kemp

High Schools Kemp

School District Kemp Isd

Others

Restrictions Deed,No Mobile Home

Ownership Gajowniczek

Acceptable Financing Cash, Conventional, Owner Will Carry, Texas Vet

Listing Terms Cash, Conventional, Owner Will Carry, Texas Vet

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jarod Marcus • RE/MAX Trinity

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+1(210) 687-3271

7157 Co Road 4042 Kemp, TX 75143

LINK'D REALTY

Key Details

Location

Exterior

Building

Schools

Others

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7157 Co Road 4042