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Waterfront Development Tract with Lake Access
For Sale
$949,000

24901 S Fm 148, Kemp, TX 75143

Land, Kemp, TX

Property SizeContact for details
Lot Size35.84 Acres
Days on Market46

Property Features for 24901 S Fm 148

General Information

Property type Land
Property subtype Other
Zoning description Unzoned
Vegetation Brush, Wooded
Subdivision A0013
Lot features Acreage, Cleared, Corner Lot, Backs To Greenbelt Park, Greenbelt, Hardwood Trees, Irregular Lot, Pasture, Rolling Slope, Many Trees, Steep Slope, Sloped, Wooded
View Water
Elementary school Kemp
Middle school Kemp
High school Kemp
Elementary school district Kemp ISD
Middle school district Kemp ISD
High school district Kemp ISD
Directions GPS will take you right there. From US-175, exit 274 N, to FM 148.
Standard status Active
APN 1655
Lot size 35.84 Acres

Taxes and HOA fees

Tax Description P E BEAN, TRACT 178.00; 35.73 ACRES
Tax Annual Amount 4546
Legal Description P E BEAN, TRACT 178.00; 35.73 ACRES

Utilities

Sewer type Septic Tank, Private Sewer
Water source Well
Water front features Lake Front, Creek
Water front 1

Building Details

Year built 2016
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Fern Real Estate
Listed By: Lesia Turner · License #0634021
Added: Jul 25 Changed: Sep 5 Last Checked: Sep 8 at 3:06PM
MLS# 21341007

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.

Investment Insights

Based on property information with market context.

This is a 35.84-acre waterfront land tract with direct access to Cedar Creek Lake. The property includes an existing 40' x 40', 3-bedroom, 2-bath structure that was previously used as a residence, and the improvements are being sold AS IS. The listing is priced primarily for the value of the land.

The site is positioned at a highly visible corner of State Highway 274 and FM 148 and is located directly across from Kings Creek Golf Course. The property is in FEMA Flood Zone A; buyers are encouraged to verify floodplain information and note that flood insurance may be required by lenders.

Given the combination of lake access, visibility, and size, the property may be considered for a range of development uses, including residential development, a private estate or ranch, or commercial or mixed-use development.

Key Highlights

  • 35.84‑acre property with direct access to Cedar Creek Lake and waterfront features including lake front and creek
  • Corner lot at State Highway 274 and FM 148
  • 40' x 40' 3‑bedroom, 2‑bath structure on‑site, sold AS IS and previously used as a residence

Property Analytics

Current Use

Commercial land

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 35.84-acre waterfront tract with direct Cedar Creek Lake access and an existing 40' x 40' residence structure sold AS IS.
Where is this commercial land located?
The property is located at 24901 S Fm 148 Kemp, TX.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 35.84‑acre property with direct access to Cedar Creek Lake and waterfront features including lake front and creek; Corner lot at State Highway 274 and FM 148; 40' x 40' 3‑bedroom, 2‑bath structure on‑site, sold AS IS and previously used as a residence
More about this property
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