For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Seven Points 75143
422 Oak Lane
$95,000
● House - Off Market

422 Oak Lane

Kemp, TX 75143
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,460 Ft²
$94,741
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Home sits on almost half acre with a spacious backyard. Nice covered patio with porch swing to enjoy the evening breeze.  Quiet neighborhood with beautiful trees surrounding home. There is a storage building for all the outside tools and a small garage for the lawnmower.  Two carports, one is large enough for an RV. The guest bedroom has its own outside entrance. Home is in need of some TLC, price is reflective of that. Washer, dryer, deep freezer and all other furniture in home to convey with purchase.  Home is an heirship and being sold as is. Agents please note correct seller name in private remarks.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$65
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1970

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: 3 years ago (NTREIS #20335317)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
May 24, 2023 Listed by Ebby Halliday Realtors $95,000
Listed by Ebby Halliday Realtors

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,034
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST BEACH COVE (39)
  • Land Acres: 0000000414
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LTS 3 & 4 AB 840 D O WILLIAMS SUR, WEST BEACH COVE ADDN, LTS 3 & 4

Neighborhood

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

Geography

  • Account Number: R000080984
  • Parcel: 4515-0000-0030-89
  • Lot: 3,4
  • Municipality: KEMP
  • Latitude: 32.3336
  • Longitude: -96.2054

    Address

  • Full Address: 422 Oak Ln
  • Address - House Number: 422
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Kemp
  • Carrier Code: R007
  • 4-Digit Zip Code: 7816
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $98,110
  • Tax Rate Code Area: HC,HE,HR,K

    Market Valuation

  • Market Total Value: $142,868
  • Market Land Value: $6,000
  • Market Improvement Value: $136,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,901
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $136,868

    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 Seven Points

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$182

Below Asking

0.05%

Average Days on Market

97

Average Home Size

1821 ft²

Average Home Age

18.9 years

Currently For Sale

12 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

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amy Weatheread, Ebby Halliday Realtors
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20335317
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 422 Oak Lane built and last sold?
The property at 422 Oak Lane was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 422 Oak Lane is $0.
What are some comparable homes to 422 Oak Lane?
There are currently no comparable homes to 422 Oak Lane.
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 Condos for Sale
Cedar Creek Lake Townhouses 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
Nearby Cities
Tyler Homes for Sale
Waxahachie Homes for Sale
DeSoto Homes for Sale
Cedar Hill Homes for Sale
Forney Homes for Sale
Lancaster Homes for Sale
Gun Barrel City Homes for Sale
Duncanville Homes for Sale
Nearby Property Records
Henderson County, TX Property Records
Van Zandt County, TX Property Records
Navarro County, TX Property Records
Freestone County, TX Property Records
Kaufman County, TX Property Records
Anderson County, TX Property Records
Ellis County, TX Property Records
Smith County, TX Property Records
Neighborhoods
Cedar Crest Real Estate
Pleasant Grove Real Estate
Wolf Creek Real Estate
Hide A Way Lake Real Estate
Mountain Creek Real Estate
Highland Hills Real Estate
Creek Crossing Estates Real Estate
Piedmont Real Estate
Nearby Counties
Southwest Dallas Homes for Sale
Forney Homes for Sale
Waxahachie Homes for Sale
Tyler Homes for Sale
Bullard Homes for Sale
Lindale Homes for Sale
Corsicana Homes for Sale
Athens Homes for Sale
Top Real Estate Agents
Top Agents in Cedar Creek Lake
Top Agents in Southwest Dallas
Top Agents in Forney
Top Agents in 75126
Top Agents in Waxahachie
Top Agents in 75156
Top Agents in Tyler
Top Agents in 75165