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    Texas Ranch with Modern Farmhouse Title is generated by Realmo AI

    6880 County Road 4042, Kemp, TX 75143

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    For Sale
    $1,295,000

    Modern Farmhouse, Farm/Ranch - Kemp, TX

    Type:Farm
    Property size:
    3,786 SF
    Lot size:
    53.98 Acres
    Price / SF:
    $342/SF
    Added:
    May 6, 2026
    Days on Market:
    4
    Last Refresh:
    May 9 at 5:06 am

    Property Features for 6880 County Road 4042

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Driveway, Garage, Open
    Patio and Porch features
    Patio, Porch
    Interior features
    Cable Tv Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Rain Gutters, Private Entrance, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Range - Gas, Washer, Water - Filter
    Standard status
    Active
    APN
    1951
    Size
    3,786 SF
    Lot size
    53.98 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Fireplace(s), Propane (Heating)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2008
    Floors in Building
    2
    Flooring type
    Carpet, Concrete, Tile, Tile - Ceramic, Wood
    Building materials
    Brick, Stone
    Roof type
    Composition
    Architectural style
    Modern
    Additional Structures
    Barn(s), Stable(s), Storage

    We can help!

    Listing Contact
    Lisbeth Arias

    Listing agent Lisbeth Arias License #0731210

    Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th flr, Austin, TX

    Listing date May 6, 2026

    MLS# 21261259 Listing URL

    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.

    HighLights

    • Updated home with modern finishes: remodeled kitchen and bathrooms with quartz‑style countertops, modern cabinetry, upgraded fixtures, rich wood flooring, and a stone fireplace.
    • Ag‑exempt land with amenities: includes a stocked pond, barn with stables, and chicken coop, suitable for horses or cattle.
    • Convenient location: situated outside city limits in Kaufman County, approximately 45 minutes from Dallas and 30 minutes from Canton.
    • Luxurious primary suite: offers a spa‑inspired bathroom with dual rain showers, a freestanding soaking tub, and double vanities.
    • Open and usable acreage: provides ample space for various activities, with no known restrictions on building or expansion.
    • Gated entrance and private drive: creates an impressive first impression with black ranch fencing and Texas star accents.

    Overview

    Located in Kaufman County, outside city limits, this property offers a combination of country living and modern comfort. Situated approximately 45 minutes from Dallas and 30 minutes from Canton. The updated home features an open layout, wood flooring, and finishes. The remodeled kitchen and bathrooms include countertops, cabinetry, and fixtures. The living area features a stone fireplace with built-in shelving. A sunroom overlooks pastures. The primary suite includes a bathroom with dual rain showers, a soaking tub, and double vanities. A gated entrance leads down a private drive bordered by ranch fencing and accents. The land is ag exempt and includes a stocked pond, a barn with stables, and a chicken coop. The acreage is open and usable for horses or cattle. There are no known restrictions on the property. The property is suitable as a family homestead, a working ranch, or a weekend escape. The property contains 3786 square feet and sits on 53.98 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kemp
    County
    Kaufman
    State
    Texas
    Longitude
    -96.225637
    Latitude
    32.366501

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    FAQs

    What type of property is this?
    Ranch - Updated farmhouse on 53+ acres near Dallas and Canton.
    Where is this ranch located?
    The property is located at 6880 County Road 4042 Kemp, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Updated home with modern finishes: remodeled kitchen and bathrooms with quartz‑style countertops, modern cabinetry, upgraded fixtures, rich wood flooring, and a stone fireplace.; Ag‑exempt land with amenities: includes a stocked pond, barn with stables, and chicken coop, suitable for horses or cattle.; Convenient location: situated outside city limits in Kaufman County, approximately 45 minutes from Dallas and 30 minutes from Canton.
    (888) 519-7431
    We can help!
    Listing Contact
    Lisbeth Arias
    Real Estate License ID: 0731210
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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