For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Kaufman 75143 Hilltop Acres
15689 Watson Drive
$255,000
● House - Off Market

15689 Watson Drive

Kemp, TX 75143
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,676 Ft²
$1,262
Est. Monthly

About This Property

Discover the potential in this quaint home nestled on a generous half acre lot in the heart of Kemp, Texas. This well-built older home offers wonderful potential and is ready for your personal touch-just a little updating can transform it into the perfect country retreat or starter home. Located just minutes from Highway 175, you'll enjoy a quick and seamless commute to Dallas. Inside, the home features added versatility with a small craft room off the utility room, ideal for hobbies, storage, or a quiet workspace. The glassed-in back porch serves as a flexible bonus area-perfect for larger dining, a sunroom for plants, or a cozy second living space. Outside, you'll find two shops suited for projects or storage, along with a fully fenced backyard ideal for pets or play.
Unit Size
1,676 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 9 months ago (NTREIS #21112178)

Price History

Date / Event Date Event Price
Jan 29, 2026 Sold
Premium
Sold
Dec 8, 2025 In contract -
In contract
Nov 26, 2025 Listed by Weatheread Johnson Realty LLC $257,000
Listed by Weatheread Johnson Realty LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,562
  • Total Building Area: 2,116
  • Gross Building Area: 2,592
  • Building Area: 1,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLTOP ACRES 3
  • Land Acres: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: HILLTOP ACRES 3, LOT 21; & HOUSE

Neighborhood

  • School District Name: Kemp Independent School District
  • Census Tract: 051301

Geography

  • Parcel: 26789
  • Lot: 21
  • Municipality: KEMP
  • Latitude: 32.4221
  • Longitude: -96.208

    Address

  • Full Address: 15689 Watson Dr
  • Address - House Number: 15689
  • Address - Street Name: Watson
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Kemp
  • Carrier Code: R004
  • 4-Digit Zip Code: 4589
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,368
  • Tax Rate Code Area: 4F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 67
  • Final Value: 274,691
  • High Value: 339,397
  • Low Value: 209,985

    Market Valuation

  • Market Total Value: $166,687
  • Market Land Value: $12,375
  • Market Improvement Value: $154,312

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,746

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Hilltop Acres

Stats & Trends

Median Asking:

$254,500

Sale Price/ft²

$153

Below Asking

0.01%

Average Days on Market

84

Average Home Size

2296 ft²

Average Home Age

38.5 years

Currently For Sale

2 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

Unit for rent at 209 W 9th Street, Kemp, TX, 75143

$2,800 /mo

  • 5 Beds
  • 3 Baths
  • 2,728 ft²
209 W 9th Street, Kemp, TX, 75143 Listing by Luigie Rendon
Unit for rent at 521 Hilltop Drive, Tool, TX, 75143

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 912 ft²
521 Hilltop Drive, Tool, TX, 75143 Listing by Kelsey Davis

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amy Weatheread, Weatheread Johnson Realty LLC
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21112178
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15689 Watson Drive built and last sold?
The property at 15689 Watson Drive was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15689 Watson Drive is $0.
What are some comparable homes to 15689 Watson Drive?
There are currently no comparable homes to 15689 Watson Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Cedar Creek Lake Homes for Sale
Cedar Creek Lake Houses for Sale
Cedar Creek Lake Multifamily for Sale
Cedar Creek Lake Land for Sale
Cedar Creek Lake Commercial for Sale
Cedar Creek Lake Homes with Basements
Cedar Creek Lake Homes with Pools
Cedar Creek Lake Homes with Parking
Nearby Cities
Gun Barrel City Homes for Sale
Ennis Homes for Sale
Red Oak Homes for Sale
Tool Homes for Sale
Mabank Homes for Sale
Canton Homes for Sale
Ferris Homes for Sale
Callender Lake Homes for Sale
Nearby Property Records
Kaufman County, TX Property Records
Navarro County, TX Property Records
Van Zandt County, TX Property Records
Henderson County, TX Property Records
Rockwall County, TX Property Records
Ellis County, TX Property Records
Rains County, TX Property Records
Freestone County, TX Property Records
Neighborhoods
Spring Creek Real Estate
Hart Farm Real Estate
Brushy Creek Real Estate
Lake Tom Sawyer Real Estate
Mohundro Farm Real Estate
India Acres Real Estate
Whispering Meadows Real Estate
Nearby Counties
Ennis Homes for Sale
Crandall Homes for Sale
Canton Homes for Sale
Kaufman Homes for Sale
Ferris Homes for Sale
Rice Homes for Sale
Top Real Estate Agents
Top Agents in Hilltop Acres
Top Agents in Cedar Creek Lake
Top Agents in 75156
Top Agents in 75165
Top Agents in 75143
Top Agents in Ennis
Top Agents in 75119
Top Agents in Gun Barrel City