Courtesy: Texas Ally Real Estate Group
512-763-2559
Turnkey income property on a 0.171-acre corner lot at E 11th St & S Elm St in Kemp. Two detached, renovated 2 bed, 1 bath homes, both leased. Updates include wood-look laminate flooring, updated kitchens with stainless appliances, fresh paint and new lighting. Current rents: Unit 1 $1,000 per month and Unit 2 $1,135 per month, for $25,620 gross annual income. Covered carport parking, city water and sewer, no HOA, and not in a flood zone (Zone X per 2021 survey). Survey available in supplements. Quick access to US-175, about 11 miles from Kaufman. Tenant occupied, showings by appointment only. Please do not disturb tenants.
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.
