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$400,000

Est. payment - /mo

10.2 Acres Lot

Active

7117 Co Road 4042 Kemp, TX 75143

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John & Jennifer Shelby

jshelby@shelbyrealtygroup.com +1(469) 586-8998

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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 20879143

HOA Fees $1,500/ann

HOA Y/N Mandatory

Lot Size 10.200 Acres

Acres 10.2

Lot Dimensions 893x478x953x480 apx

Property Sub-Type Unimproved Land

Property Description

Just under an hour drive from downtown Dallas, Edgewater is THE luxury destination at Cedar Creek Lake, and this is the ONLY 10+ acre tract among 1-2 acre neighbors. This property stretches from the main entrance at Edgewater Drive, all the way to the third entrance at Ryan Lane and comprises the whole southern half of the block. Perfect for an exclusive estate home with incredible privacy! 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 ($ 225,000), lots 3 and 4 ($ 225,00), or lot 2 by itself ($ 119,800). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.

Location

State TX

County Kaufman

Community Community Dock, Gated, Jogging Path/Bike Path, Marina, Playground

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

Community Features Community Dock, Gated, Jogging Path/Bike Path, Marina, Playground

Utilities Available Asphalt, Co-op Electric, MUD Water, Outside City Limits, Underground Utilities, No Sewer

Street Surface Asphalt

Lot Frontage 953.0

Garage No

Building

Lot Description Acreage, Many Trees

Schools

Elementary Schools Kemp

High Schools Kemp

School District Kemp Isd

Others

Restrictions Deed,No Mobile Home

Ownership Gajowniczek

Acceptable Financing Cash, Conventional, Texas Vet

Listing Terms Cash, Conventional, Texas Vet

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20879143

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

Listed by Jarod Marcus • RE/MAX Trinity

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John & Jennifer Shelby

Agent | License ID: 0692652

+1(469) 586-8998

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7117 Co Road 4042 Kemp, TX 75143

John & Jennifer Shelby

Key Details

Location

Exterior

Building

Schools

Others

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7117 Co Road 4042