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516 Lake By Drive Kemp, TX $ 144,160
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$ 144,160 Get more info
516 Lake By Drive
$ 144,160
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516 Lake By Drive

Kemp, TX, 75143
$ 144,160
Bedrooms3 Baths2.0 Sq 1,436

Monthly Estimate*

$ 888

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Single Family Home for sale in Kemp, TX

for $144,160 with 3 bedrooms and 2 full baths. This 1,436 square foot home was built in 1996 on a lot size of 2.935.

HUD Owned Home FHA Case# 511-299286 Sold AS-IS. MAJOR PRICE IMPROVEMENT AND AVAILABLE FOR ALL BIDDERS. COME LOOK OR TAKE A SECOND LOOK BEFORE IT IS GONE! Come check out this great country home located in the Lake By Subdivision in the Seven Points community. This property is in the Mabank ISD. This 3 bedroom home has 2 full bathrooms, large open living-dining-kitchen combo and a rustic cabin design. Vaulted ceilings in the main area, knotty pine shiplap and more. Great views of the countryside and all sitting on approximately 3 acres of land. Come take a look before its gone. Purchase this home with as little as $100 down when utilizing the HUD FHA Sales Incentive.

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Single Family Pending

Price

$ 144,160

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,774

Style

Single Family Residence

Lot Size

2.935

Year Built

1996

Town/City

Kemp

County/Region

Kaufman

MLS | Web ID

21015605
Features
Interior
Interior Features Decorative Lighting Vaulted Ceiling(s)
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Heating Central Electric
Cooling Central Air Electric
Utilities Co-op Electric Septic
Possession Closing/Funding
Roof Metal
Appliances Electric Water Heater
Assoc Fees 100
School District Mabank ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N 0
Year Built 1996
Levels One
Property Subtype Single Family Residence
Subdivision Name Lake By Acres
Transaction Type For Sale
Occupant Type Vacant
County Henderson
Property Type Residential
Construction Materials Siding
HOA Type Mandatory
Special Notes HUD Special Contracts/Provisions Verify Flood Insurance Verify Rollback Tax Verify Tax Exemptions
Full Baths 2
Status Pending
Directions GPS
City Kemp
Elementary School Name Lakeview
High School Mabank
Elementary School Lakeview
Standard Status Pending
Junior High School Mabank
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Exterior
Parking Features Carport
Lot Size 1 to < 3 Acres
Foundation Block
Structural Style Single Detached
Garage Y/N 0
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Kevin Riney

Listing Agent

Ne Texas Regional Realty

Broker

Affordability Calculator

$1,202
Per Month
74%
26%
0%
Monthly Principal & Interest
$888
Monthly Property Taxes
$315
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286241 Elementary School
3672476 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/24/2025 $144,160 -15.00% Price Down
10/5/2025 $169,600 -20.00% Price Down
7/29/2025 $212,000 Listed Price

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516 Lake By Drive, Kemp, TX, 75143 is a Single Family Home for sale at $144,160 with 1,436 sqft and a lot size of 2.935. 516 Lake By Drive has 3 bedrooms, 2.0 baths, and was built in 1996. The property's zip code is 75143 which is in Kemp, TX

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