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Kemp 75143
511 Commerce Street
Photo of 511 Commerce Street

39

Map

Photo of 511 Commerce Street
Photo of 511 Commerce Street
$299,999
↓ $11K (3.5%)
● House - For Sale

511 Commerce Street

Kemp, TX 75143
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,785 Ft²
$1,930
Est. Monthly

About This Property

Charming, one-story Ranch Home, fully Remodeled - Luxury Vinyl Plank flooring, New Cabinets in Kitchen, High End Cafe' Appliances with Refrigerator, Dishwasher, Ice Maker, Double Over, Cooktop.  The Sellers didn't hold back on any area of this home! Large Primary Bedroom with Ensuite Bath - double vanities with Farmhouse appeal and Beautiful Marble Double Shower! Split Bedrooms with a Jack n Jill along with one additional bedroom. Farmhouse Cutie! Double Width Driveway and in Rear a Large Shop that is Two Story! Home is Move in Ready! Don't miss this opportunity! Charming Kemp home with a city park just up the street! Nearby Cedar Creek Lake for weekend fun! Easy location for commuters.
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$168
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
-

Listed By

George Brewer
[email protected]
Premier Legacy Real Estate LLC
Kim Bigley
[email protected]
Premier Legacy Real Estate LLC

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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: 5 days ago (NTREIS #21406223)

Price History

Date / Event Date Event Price
Nov 6, 2026 Price Decreased $299,999
↓ $11K (3.5%)
Price Decreased
Oct 8, 2026 No longer available -
No longer available
Oct 7, 2026 Listed by Premier Legacy Real Estate LLC $310,999
Listed by Premier Legacy Real Estate LLC
Sep 30, 2026 Price Decreased $319,999
↓ $5K (1.5%)
Price Decreased
Sep 11, 2026 Price Decreased $324,999
↓ $15K (4.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway, RV Access/Parking
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Cable TV Available, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Flooring Type: Luxury Vinyl Plank
Exterior Details
Has Property Attached
Square Footage: 1785
Security Features: Smoke Detector(s)
Architectural Style: Ranch, Traditional
Year Built: 1984
Levels: One
Other Structures: RV/Boat Storage, Workshop w/Electric
Construction Materials: Brick
Lot Features: Lrg. Backyard Grass
Lot Size Area: 0.699
Lot Size Units: Acres
Lot Size Acres: 0.699
Lot Size Square Feet: 30448.44
Financial Details
Tax Annual Amount: $5,479
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Request mortgage information redaction

Comparables

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

About Kemp

Stats & Trends

Median Asking:

$249,500

Sale Price/ft²

$137

Below Asking

0.07%

Average Days on Market

130

Average Home Size

1898 ft²

Average Home Age

40.8 years

Currently For Sale

18 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: George Brewer, Premier Legacy Real Estate LLC
Last Updated: 5 days ago
Data Source: NTREIS MLS, MLS# 21406223
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 511 North Commerce Street built and last sold?
The property at 511 North Commerce Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 511 North Commerce Street is $303,171.
What are some comparable homes to 511 North Commerce Street?
There are currently no comparable homes to 511 North Commerce Street.
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