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7137 Co Road 4042

Kemp, TX 75143
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2.50 Lot Acres

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Description

Edgewater is THE luxury destination at Cedar Creek Lake. Just under an hour drive from downtown Dallas. Perfect for an exclusive estate home with incredible privacy! It's platted as 1 of 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 1.8022 per hundred), and no current MUD tax. Edgewater amenities include a community marina with boat docks, almost a mile of hiking trails, a secure community boat & RV storage lot, & more! The clubhouse is under construction and will include a workout room, and a playground. A community pool is also in the planning stages. Your HOA dues include a Careflite membership, so medical care is just a short flight away. Underground utilities include co-op electric and MUD water, septic system will be necessary. The new communications tower is now complete for stronger cellular and internet signals. Seller financing is available with minimum 20% down, 30 year amortization with a 2 or 3 year balloon, rate to be determined based on LTV and creditworthiness. Seller will entertain breaking the property up, lots 1 and 2 ($ 225,000), lots 3 and 4 ($ 225,000), or lot 2 or 3 by itself ($ 120,000). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.

MLS#
NTREIS-21264190
List Price
$120,000
Listing Status
For Sale
Address
7137 Co Road 4042
City
Kemp
State
TX
Zip Code
75143
County
Kaufman County
Subdivision
Edgewater Add Ph 2
Legal Description
EDGEWATER ADDITION PH 2, BLOCK D, LOT 2
Lot Size
2.50 Lot Acres/PUBREC
LP / Acre
$48,077 / Acre
Maintenance Fee
$1,250 / Annually
Road Frontage
County Maintained

Exterior

Lot Description
Interior Lot, Many Trees, Subdivision
Fencing
None
Easements
Utilities
Utility
Asphalt,Co-op Electric,MUD Water,Outside City Limits,Sewer Not Available,Underground Utilities
Road Surface
County Road
Area Pool
Yes

Financial information

Maintenance Fee
$1250/Annually
Maint Fee Includes
Full Use of Facilities,Management Fees

Extra details you may need to know

Community Features
Club House,Community Dock,Community Pool,Fishing,Gated,Jogging Path/Bike Path,Marina

Lot Information

Lot Size
2.50 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated May 08, 2026 at 08:08 AM
Listing last updated May 08, 2026 at 11:18 AM
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Cost/Sqft based on tax value

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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