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Henderson 75143
13301 County Road 2140
$365,000
● Land - Off Market

13301 County Road 2140

Kemp, TX 75143
bedrooms
Studio
bathrooms
0 Bath
$1,793
Est. Monthly

About This Property

Incredible opportunity to make this 35.29 acre property the place you have dreamed about! Less than an hour from the DFW Metroplex and within minutes of Cedar Creek Lake, this rural acreage can be your perfect homestead with cattle, livestock, or cultivation. Make it a recreational wonderland for fishing, hunting and ATV use or simply enjoy the peace and quiet that nature has to offer. Equipment barn and water well on this property. Utilities available at road for hookup. No value assigned to the current structure on property. Additional .98 acre lot(MLS# 20603931) available for sale less than 100 yards away.
Unit Size
-
Days on Market
-
Land Size
35.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20603499)

Price History

Date / Event Date Event Price
Jun 6, 2024 Sold
Premium
Sold
May 10, 2024 In contract -
In contract
May 1, 2024 Listed by TX Lake & Land Real Estate $365,000
Listed by TX Lake & Land Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,158
  • Gross Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AB 0297 B HARDIMAN SUR
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: TR 2 AB 297 B HARDIMAN SUR, TR 2

Neighborhood

  • School District Name: Kemp Independent School District
  • School Tax School District: KEMP ISD
  • Census Tract: 950700

Geography

  • Assessors Map Reference: 2X
  • Account Number: R000009311
  • Subdivision Tract Number: 2
  • Parcel: 0297-0020-0000-85
  • Municipality: KEMP
  • Latitude: 32.3438
  • Longitude: -96.3188

    Address

  • Full Address: 13301 County Road 2140
  • Address - House Number: 13301
  • Address - Street Name: County Road 2140
  • State: TX
  • City Name: Kemp
  • Carrier Code: R008
  • 4-Digit Zip Code: 6565
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $56,723
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: HC,HE,HR,K

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 22,199
  • High Value: 32,104
  • Low Value: 12,293

    Market Valuation

  • Market Total Value: $39,971
  • Market Land Value: $6,339
  • Market Improvement Value: $33,632

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,971
  • Assessed Land Value: $6,339
  • Assessed Improvements Value: $33,632

    Sales

  • Current Sale Contract Date: Dec 05, 1972
  • Current Sale Recording Date: Dec 05, 1972
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Henderson

Stats & Trends

Median Asking:

$323,000

Sale Price/ft²

$186

Below Asking

0.04%

Average Days on Market

96

Average Home Size

2090 ft²

Average Home Age

-

Currently For Sale

688 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Jon Vines, TX Lake & Land Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20603499
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 13301 County Rd 2140 built and last sold?
The property at 13301 County Rd 2140 was built in 1964 and last sold on Dec 5, 1972 for $0.
How much is this home worth?
The estimated value of the home located at 13301 County Rd 2140 is $368,650.
What are some comparable homes to 13301 County Rd 2140?
There are currently no comparable homes to 13301 County Rd 2140.
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