208 W 9th Street
About This Property
Build-ready opportunity in Kemp, TX! This vacant lot is just under half an acre and priced to move at $35,000 per lot. Flat, usable land with road frontage-ideal for a custom home, manufactured home, or investment hold. No HOA and plenty of space for your vision. Convenient access to Hwy 175 with an easy commute to Dallas. Don't miss this affordable entry into a growing area.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | Price Decreased |
$35,000
↓ $70K
(66.7%) | |
| Price Decreased | |||
| Jan 21, 2026 | No longer available | - | |
| No longer available | |||
| Jan 7, 2026 | Listed by Better Homes & Garden Hometown | $105,000 | |
| Listed by Better Homes & Garden Hometown | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017