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12-Unit Apartment Building
For Sale
$1,350,000

1010 Ranch Country Drive, Kemp, TX 75143

CommercialSale, Kemp, TX

Property Size11,826 SF
Lot Size5.00 Acres
Price / SF$114.16
Days on Market133

Property Features for 1010 Ranch Country Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Subdivision A0448
Lot features Acreage, Pasture, Many Trees
Directions GPS.
Standard status Active
APN 12892
Size 11,826 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description J SHARP, TRACT 365.01; 5.0 ACRES
Tax Annual Amount 21046
Legal Description J SHARP, TRACT 365.01; 5.0 ACRES

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air

Amenities

fireplaces

Building Details

Year built 1984
Floors in Building 2
Number of units 12
Flooring type Combination
Roof type Asphalt
Listing Agency: Bradford Elite Real Estate LLC
Listed By: Summer Barclay · License #0773869
Added: Jun 6 Changed: Sep 7 Last Checked: Oct 16 at 8:06PM
MLS# 21159583

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily property comprises 12 apartment units across three buildings totaling 11,826 square feet on a 5-acre tract. Unit sizes include 800 square feet in Building 1, 1,026 square feet in Building 2, and 913 square feet in Building 3, with individual layouts and features varying throughout the property. The mix includes one- and two-bedroom apartments, and some units have fireplaces.

Built in 1984, the property includes central heating and central air, combination flooring, asphalt roofing, a parking lot, and septic service. The site is located across from the country club in Kemp, providing a defined residential setting near the town. Current lease amounts vary by unit.

Key Highlights

  • 12 apartment units across three buildings
  • 5‑acre tract with 11,826 square feet of building area
  • Unit sizes include 800 SqFt, 1026 SqFt, and 913 SqFt

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 75143, TX

15,349
Population
7,088
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
86%
High-School Grad
181.9 sq mi
ZIP Area
84
Density / Sq Mi
$68,996
Median Household Income
$41,273
Median Earnings
$1,163
Median Rent
$173,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-building multifamily property on five acres with varied one- and two-bedroom layouts, central HVAC, and on-site parking.
Where is this apartment building located?
The property is located at 1010 Ranch Country Drive Kemp, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 12 apartment units across three buildings; 5‑acre tract with 11,826 square feet of building area; Unit sizes include 800 SqFt, 1026 SqFt, and 913 SqFt
More about this property
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