1010 Ranch Country Dr, Kemp, TX 75143

$1,350,000
11,826
SqFt

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List Price
$1,350,000
Status
ACTIVE
Price Change
▼ $125,000 1779493113
MLS#
21159583
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1984
Living Area
11,826
Lot Size
217,800
Acres
5
Subdivision
A0448

Property Description

Prime investment opportunity in Kemp,TX! This 12-unit apartment complex sit on an expansive 5-acre tract across from the country club, offering endless possibilities for investors and developers. With ample room for expansion, additional units, or future development, this property presents a rare opportunity to increase value and maximize long-term returns. Nestled in a growing area of Kemp, the property offers a blend of privacy and accessibility, making it attractive for tenants seeking space while remaining close to town amenities. The generous acreage provides flexibility for redevelopment, adding amenities, or exploring alternative income producing uses (buyer to verify). Whether you're looking to expand your rental portfolio, develop further, or reforming the property's full potential, this unique multi-family asset delivers space, opportunity, and upside all in one package. Some are 1 bedroom and some are two bedroom. Some have fireplaces. Building#1: Units #1090-1120 800SqFt. Building #2: Units #1050-1080 1026SqFt. Building #3: Units #1010-1040 913SqFt. All units vary with size, features, and current lease amount.

Additional Information

Taxes
$21,046
Flooring
Combination
Heating
Central
Air Conditioning
Central Air
Roof
Asphalt
Foundation
Slab
Parking Features
On Site, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Summer Barclay from Bradford Elite Real Estate LLC. Contact: 214-499-5431

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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