7117 County Road 4042, Kemp TX34 photos
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Owner finance

$400,000

7117 County Road 4042

Kemp, TX 75143

Listed by

Jarod Marcus, RE/MAX Trinity · (817) 310-5200

What the listing says

Edgewater is THE luxury destination at Cedar Creek Lake, and this is the ONLY 10 acre tract among 1-2 acre neighbors. Just under an hour drive from downtown Dallas. This property stretches from the main entrance at Edgewater Drive, all the way to the third entrance at Ryan Lane and comprises the whole southern half of the block. Perfect for an exclusive estate home with incredible privacy! It's platted as 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 1.8022 per hundred), and no current MUD tax. Edgewater amenities include a community marina with boat docks, almost a mile of hiking trails, a secure community boat & RV storage lot, & more! The clubhouse is under construction and will include a workout room, and a playground. A community pool is also in the planning stages. Your HOA dues include a Careflite membership, so medical care is just a short flight away. Underground utilities include co-op electric and MUD water, septic system will be necessary. The new communications tower is now complete for stronger cellular and internet signals. Seller financing is available with minimum 20% down, 30 year amortization with a 2 or 3 year balloon, rate to be determined based on LTV and creditworthiness. Seller will entertain breaking the property up, lots 1 and 2 ($ 225,000), lots 3 and 4 ($ 225,000), or lot 2 or 3 by itself ($ 119,800). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Lot

Lot Size

444,312 sq ft

HOA

$208/mo

More owner-financed homes near Kemp

Questions about owner financing in Kemp

What is owner financing for 7117 County Road 4042?

Owner financing means the seller of 7117 County Road 4042 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Kemp, TX home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Kemp home?

There is no standard down payment. The seller of this Kemp home sets their own, and it is negotiable. Ask the seller or their agent.

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