Land with Home for Sale in Kemp, Texas

Discover a rare Texas ranch estate designed for modern living, income opportunities, and lifestyle amenities. A commercial-grade gated entrance with pipe fencing and a tree-lined driveway provides privacy and curb appeal from the moment you arrive. The acreage is primarily cleared, cross-fenced for cattle, and currently in hay production. A scenic 5+/- acre stocked lake with fishing pier and pavilion anchors the property, ideal for recreation, relaxation, and outdoor entertaining. The main residence is a modern ranch-style home offering an open-concept floor plan, enhanced by fresh paint, natural light, and recently installed wood-look laminate flooring. The updated kitchen includes custom cabinetry, quartz countertops, and a large walk-in pantry. The remodeled primary suite features a walk-in shower and custom closet. Additional improvements include a patio and porch lighting, trimmed porches, and a mudroom with built-in storage. A 60' Wi-Fi tower supplies internet and TV service to the main home. Improvements extend outdoors with the addition of a 2 car garage, two approximately 3,600-sqft shops equipped with electricity and concrete floors, an additional powered shed, and a storage container. The property also includes two additional residences: a 2016 manufactured home with 3 bedrooms and 2 bathrooms (approximately 1,392 sqft), and a 2-bedroom, 1-bath guest home (approximately 1,077 sqft) featuring a garage, shed, covered porch, turfed backyard, granite countertops, and open-concept design. Also included, a basketball court, playground, outdoor pavilion, and a chapel. This versatile estate supports ranch operations, multi-generational living, recreation, and potential rental income. Ideal for buyers seeking a working ranch, private family compound, or acreage property with multiple homes, this offering delivers flexibility, space, and long-term value in one setting.