• Office Phone - 817.481.5882
  • Primary - 281.883.9308

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Listing provided courtesy of Texas Ally Real Estate Group- MLS# 21259445MLS ProviderContact Information: Nir Sheinbein - 858-539-5219

107 E 11thKemp, TX 75143

Multi-Family · 2 Beds · 1 Full Bath · 1,336 Sq. ft. | 0.17 Acres
$189,000 Active

107 E 11th Overview

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Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place. Unit 1 rent: $1,000 per month Unit 2 rent: $1,135 per month Total gross income: $25,620 annually Net income: $21,630 annually Cap rate: 10.87 percent No HOA This property offers immediate cash flow and is a solid addition to any rental portfolio.

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107 E 11th Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,336
  • Price/Sq.ft. $141
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Kemp ISD
  • Elementary School: Kemp
  • Middle Or Junior School: Kemp
  • High School: Kemp

Income/Expenses

  • Gross Income: 25620.0
  • Insurance Expense: 1500.0
  • Net Operating Income: 21630.0
  • Operating Expense Includes: Insurance,Mortgage/Loans,Maintenance Grounds,Manager,Maintenance

Building Information

  • Year Built: 1900
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Kaufman
  • Postal City: KEMP
  • Subdivision Name: kemp

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 29056
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1336.0

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Electric Oven
  • Flooring: Laminate
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Other
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Covered
  • Parking Total: 1.0

Lot Information

  • Lot Size Acres: 0.1708
  • Lot Size Area: 7439.0
  • Lot Size Dimensions: 74.39 x 100
  • Lot Size Source: Other
  • Lot Size Square Feet: 7439.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

107 E 11th Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107 E 11th Market Data

Based on the last 30 days in this zip code

$593,331
Average List Price
$282
Average Price per Square Foot
17
Properties Sold
97
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network


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