107 E 11th, Kemp, TX 75143
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107 E 11th, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
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$ 189,000
Est. payment /mo
New

107 E 11th Kemp, TX 75143

2 Beds

1 Bath

1,336 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,336 sqft

Price per Sqft $141

Subdivision Kemp

MLS Listing ID 21259445

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1900

Lot Size 7,440 Sqft

Acres 0.1708

Lot Dimensions 74.39 x 100

Property Sub-Type Duplex

Property Description

Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.

Unit 1 rent: $1,000 per month

Unit 2 rent: $1,135 per month

Total gross income: $25,620 annually

Net income: $21,630 annually

Cap rate: 10.87 percent

No HOA

This property offers immediate cash flow and is a solid addition to any rental portfolio.

Location

State TX

County Kaufman

Direction Head east on US-175 E from Kaufman. Continue on US-175 E for approximately 11 miles. Take the Kemp Business exit. Turn right onto E 11th St. The destination will be on your right at the corner of E 11th St and Elm St

Interior

Interior Features Other

Heating Propane

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Appliance Electric Oven

Exterior

Parking Features Covered

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Accessibility Accessible Approach with Ramp

Total Parking Spaces 1

Private Pool No

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Kemp

Middle Schools Kemp

High Schools Kemp

School District Kemp Isd

Others

Tax ID 29056

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21259445


Colleen Howell

Colleen Howell

Team Lead | License ID: 0691395

+1(469) 394-2421

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107 E 11th