Estimated payment $1,230/month
Highlights
- Accessible Approach with Ramp
- 1-Story Property
- Heating Available
About This Home
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.
Listing Agent
Texas Ally Real Estate Group Brokerage Phone: 512-763-2559 License #0795672 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,490
Year Built
- Built in 1900
Parking
- Covered Parking
Home Design
- Duplex
- Pillar, Post or Pier Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,336 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Electric Oven
Schools
- Kemp Elementary School
- Kemp High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Propane
Additional Features
- Accessible Approach with Ramp
- 1,336 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 29056
Community Details
Overview
- 2 Units
- 1,336 Sq Ft Building
- Kemp Subdivision
Building Details
- Gross Income $25,620
- Net Operating Income $21,630
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,490 | $153,280 | $37,200 | $116,080 |
| 2024 | $2,490 | $111,686 | $37,200 | $74,486 |
| 2023 | $2,240 | $114,742 | $29,760 | $84,982 |
| 2022 | $2,482 | $100,615 | $29,760 | $70,855 |
| 2021 | $1,329 | $74,596 | $15,000 | $59,596 |
| 2020 | $566 | $46,730 | $15,000 | $31,730 |
| 2019 | $775 | $25,120 | $15,000 | $10,120 |
| 2018 | $538 | $17,310 | $6,190 | $11,120 |
| 2017 | $501 | $15,830 | $5,630 | $10,200 |
| 2016 | $470 | $14,840 | $5,630 | $9,210 |
| 2015 | $466 | $14,840 | $5,630 | $9,210 |
| 2014 | $466 | $14,840 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $189,000 | -5.0% | $141 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $199,000 | -0.5% | $149 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $200,000 | 0.0% | $150 / Sq Ft |
| 07/07/2024 07/07/24 | Rented | $1,000 | 0.0% | -- |
| 06/11/2024 06/11/24 | For Rent | $1,000 | -9.1% | -- |
| 01/24/2024 01/24/24 | Rented | $1,100 | 0.0% | -- |
| 11/15/2023 11/15/23 | For Rent | $1,100 | 0.0% | -- |
| 06/02/2021 06/02/21 | Sold | -- | -- | -- |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | Price Changed | $85,000 | -22.7% | $162 / Sq Ft |
| 11/03/2020 11/03/20 | Price Changed | $110,000 | -12.0% | $210 / Sq Ft |
| 09/10/2020 09/10/20 | For Sale | $125,000 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Colonial Title Co |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20968060
APN: 29056
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