About this home

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.

Facts and features

Schools

• Kemp Intermediate School

  elementary · 2-3 · 0.4 mi

  3

• Kemp Junior High School

  middle · 6-8 · 0.5 mi

  3

• Kemp High School

  high · 9-12 · 1.0 mi

  3

• Kemp Primary School

  elementary · K-1 · 0.4 mi

• KEMP INT WEST

  elementary · 4-5 · 0.4 mi

  5

• Kemp Alternative School

  high · 10-12 · 1.1 mi

Price history

• Sep 4, 2026 · Relisted$169,000
• Sep 2, 2026 · Listing Removed—
• Jun 1, 2026 · Listed$189,000
• Nov 19, 2025 · Listing Removed$189,000
• Sep 4, 2025 · Price Changed$189,000
• Jun 20, 2025 · Price Changed$199,000
• Jun 12, 2025 · Listed$200,000
• Aug 8, 2024 · Listing Removed$1,000

Tax history

• 2026$3,880 tax · $153,645 assessed
• 2025$3,385 tax · $134,023 assessed
• 2023$2,240 tax · $114,742 assessed
• 2022$2,481 tax · $100,615 assessed
• 2021$1,269 tax · $49,202 assessed
• 2020$565 tax · $20,945 assessed
• 2019$711 tax · $25,120 assessed
• 2018$534 tax · $17,310 assessed

Home value

$167,000

• Collateral Analytics$167,000
• Quantarium$167,506
• Cotality$159,200

Where it is