Courtesy: Texas Ally Real Estate Group
512-763-2559
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.
Kemp is located in Texas. Kemp, Texas has a population of 1,357. Kemp is more family-centric than the surrounding county with 60.93% of the households containing married families with children. The county average for households married with children is 39.8%.
The median household income in Kemp, Texas is $46,944. The median household income for the surrounding county is $75,187 compared to the national median of $69,021. The median age of people living in Kemp is 40 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 34.9 degrees. The average rainfall is approximately 40.6 inches per year, with 0.3 inches of snow per year.
