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Residential Land in Edgewater, Kemp
For Sale
$120,000

7137 COUNTY ROAD 4042, Kemp, TX 75143

Land, Kemp, TX

Property SizeContact for details
Lot Size2.50 Acres
Days on Market109

Property Features for 7137 COUNTY ROAD 4042

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Edgewater Add Ph 2
Lot features Interior Lot, Many Trees, Subdivision, Subdivided
Elementary school Kemp
High school Kemp
Elementary school district Kemp ISD
Middle school district Kemp ISD
High school district Kemp ISD
Directions From 175 CF Hawn, turn west-south on 274, turn east on 4042, property is about a mile down on the left (north side of the street).
Standard status Active
APN 197544
Lot size 2.50 Acres

Taxes and HOA fees

Tax Description EDGEWATER ADDITION PH 2, BLOCK D, LOT 2
HOA Fee $1,250 Annually
Legal Description EDGEWATER ADDITION PH 2, BLOCK D, LOT 2
Listing Agency: RE/MAX Trinity · RE/MAX International
Listed By: Jarod Marcus · License #0421199
Added: May 9 Changed: Aug 24 Last Checked: Aug 25 at 12:06AM
MLS# 21264190

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 2.496-acre lot is located in Edgewater, a luxury destination at Cedar Creek Lake, less than an hour's drive from downtown Dallas. The property is platted as one of four adjacent individual lots, suitable for an exclusive estate home with potential for a compound with multiple homes. Minimum square footage for homes is 1,500 feet, with neighborhood homes exceeding 4,000 square feet. Located outside city limits, the property benefits from lower taxes at $1.8022 per hundred and no current MUD tax. Edgewater amenities include a community marina with boat docks, almost a mile of hiking trails, and a secure community boat and RV storage lot. The clubhouse is under construction and will include a workout room and a playground. A community pool is also in the planning stages. HOA dues include a Careflite membership. Underground utilities include co-op electric and MUD water; a septic system will be necessary. A new communications tower is complete for stronger cellular and internet signals. Seller financing is available with a minimum 20% down, 30-year amortization with a 2 or 3-year balloon, with the rate determined based on LTV and creditworthiness. The seller will entertain breaking up the property into lots 1 and 2, lots 3 and 4, or lot 2 or 3 by itself. Owners of multiple lots pay one HOA fee for up to 3 lots.

Key Highlights

  • Luxury lakefront community (Edgewater) on Cedar Creek Lake, less than an hour from Dallas.
  • Potential for a large estate home or a multi‑home compound on multiple lots.
  • Community amenities include a marina with boat docks, hiking trails, and secure boat/RV storage.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Catering Service Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

9
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
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Frequently Asked Questions

What type of property is this?
Land - 2.496 acre lot in luxury lakeside community near Dallas.
Where is this land located?
The property is located at 7137 COUNTY ROAD 4042 Kemp, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Luxury lakefront community (Edgewater) on Cedar Creek Lake, less than an hour from Dallas.; Potential for a large estate home or a multi‑home compound on multiple lots.; Community amenities include a marina with boat docks, hiking trails, and secure boat/RV storage.
More about this property
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