101 West 12th Street

Kemp, TX 75143

$485,000
Price
7
Beds
4
Baths
2,816 Sq. Ft.
$172 / Sq. Ft.
2,816
Sq. Ft.
$172
per Sq. Ft.

Description

This fantastic single building contains four units available to rental purposes. Come join the revitalization of Kemp, TX. Be at the ground floor of this transformation of historic downtown with new businesses currently opened or soon-opening. This location is within walking distance to city parks and also close proximity to beautiful Cedar Creek Lake. This is a Fantastic income-producing property that would make a great addition to any portfolio.This fantastic single building contains four units available to rental purposes. Come join the revitalization of Kemp, TX. Be at the ground floor of this transformation of historic downtown with new businesses currently opened or soon-opening. This location is within walking distance to city parks and also close proximity to beautiful Cedar Creek Lake. This is a Fantastic income-producing property that would make a great addition to any portfolio.
  1. Listed by Todd Cianciulli • TREC #0642936 • Rescue Real Estate • 214-335-4391

Property Details for 101 West 12th Street

Subdivision Name
Kemp Original
Pool
No
Garage Spaces
0
Number Of Parking Spaces
6

Location

Listing Courtesy of Rescue Real Estate, Todd Cianciulli
Add your commute
LISTING UPDATED: 05/08/2024 01:39 PM

Property Details for 101 West 12th Street

StatusActive
MLS #20611074
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1900
Lot Size0.14 AC / 6,272 SF
CountyKaufman County

Location

Listing Courtesy of Rescue Real Estate, Todd Cianciulli
Add your commute

Building Information for 101 West 12th Street

Stories1Residences4Year Built1900Building Size-Lot Size0.14 AC / 6,272 SF

Payment Calculator

$3,067 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 West 12th Street

Summary
Location and General Information
  • Block: D
  • Complex Name: TBD
  • Directions: From 175, go South on Main Street. At Corner of Main and 12th in downtown area
  • Elementary School: Kemp
  • High School: Kemp
  • High School Name: Kemp
  • Intermediate School: Kemp
  • Junior High School: Kemp
  • Primary School: Kemp
  • Year Built Details: Preowned
  • School District: Kemp ISD
  • Geocode Confidence: High
  • Latitude: 32.44
  • Longitude: -96.23
  • State: Texas
Parking
  • Parking Features: Assigned
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: KEMP ORIGINAL, BLOCK D, & DUPLEX
  • Association Type: None
Interior and Exterior Features
Interior Features
  • Flooring: Laminate
  • Heating: Central
  • Interior Features: Cable TV Available
  • Appliances: Electric Range
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Siding
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Asphalt
  • Number Of Units Total: 4
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.144
  • Lot Size Area: 0.144
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6272.64
  • Multi Parcel ID: No
  • Parcel Number: 29017
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 6.00%
  • Gross Annual Expenses: $18,000
  • Gross Annual Income: $47,100
  • Insurance Expense: $720
  • Net Operation Income: $29,100.00
Unit 1
  • Average Lease Amount: $900.00
  • Living Area Length: 1.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Average Lease Amount: $900.00
  • Living Area Length: 1.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Average Lease Amount: $950.00
  • Living Area Length: 1.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Average Lease Amount: $1,150.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 101 West 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 West 12th Street

Taxable ValueLand$25,125Additions$233,230Total$258,355
Tax Record2023$5,044 ($420 / month)
Home Facts
Total Finished SqFt5,632 SqFtAbove Grade Finished SqFt5,632 SqFtStories1Lot Size6,281 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1995CountyKAUFMANAPN00.2050.0004.0000.01.04.04

Schools near 101 West 12th Street

This home is within Kemp Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Kemp Primary School
PublicPK to 2

Kemp Intermediate School
Public3 to 5

Kemp J High School
Public6 to 8

Kemp High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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101 West 12th Street is a multi-family home for sale in Kemp, TX 75143. This property was listed for sale on May 8, 2024 by Rescue Real Estate, it's currently listed at $485,000. It has been on the market for a total of 34 days and was last sold on April 16, 2021. This listing's school district is Kemp Independent School District. Nearby schools include Kemp Primary School, Kemp Intermediate School and Kemp J High School. 101 West 12th Street is a 7-bed, 4-bath, 2,816 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rescue Real Estate, Todd Cianciulli

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