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About This Home

This 2-bedroom, 1-bathroom multi-family at 107 E 11th in Kemp, TX is listed for $189,000. Built in 1900, on a 0.17 acres lot.

Agent Description

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.

Key Features

  • Built in 1900
  • 0.17 acre lot
  • 1 parking spaces

Property Details

1 story
1 full
1 space
1900

Monthly Cost Estimate

$1,011/mo

20% down · 6.5% · 30 years

Principal$137
Interest$819
Insurance$55

Estimates only. Actual payments may vary.

Location

107 E 11th

Kemp, TX 75143

kemp

Property Details

Flooring

Laminate

Construction

Vinyl Siding

Parking

Covered

Heating

Propane (Heating)

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 2-bedroom, 1-bathroom multi-family at 107 E 11th is listed at $189,000. The estimated monthly payment is $819 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.17 acre lot, 1 parking spaces.

This property is listed by Nir Sheinbein and can be reached at 5127632559 or nir.s4188@gmail.com.

NS

Nir Sheinbein

Agent at Texas Ally Real Estate Group

(512) 763-2559

Listed by Texas Ally Real Estate Group · View on Broker Site

MLS# 21259445· Source: listhub· Updated today

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107 E 11th, Kemp, TX 75143

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