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3 Acres of Residential Land with Home for Sale in Kemp, Texas
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Residential Land with Home for Sale in Kemp, Texas

516 Lake By Dr, Kemp, TX 75143

$144,160
3 acres
pending
Under contract

HUD Owned Home FHA Case# 511-299286 Sold AS-IS. MAJOR PRICE IMPROVEMENT AND AVAILABLE FOR ALL BIDDERS. COME LOOK OR TAKE A SECOND LOOK BEFORE IT IS GONE! Come check out this great country home located in the Lake By Subdivision in the Seven Points community. This property is in the Mabank ISD. This 3 bedroom home has 2 full bathrooms, large open living-dining-kitchen combo and a rustic cabin design. Vaulted ceilings in the main area, knotty pine shiplap and more. Great views of the countryside and all sitting on approximately 3 acres of land. Come take a look before its gone. Purchase this home with as little as $100 down when utilizing the HUD FHA Sales Incentive.

1,436
Sq feet
3
Beds
2
Full baths
1996
Built

Location

Street address
516 Lake By Dr
County
Henderson County
Community
Lake by Acres
Elevation
385 feet
Coordinates
32.3146, -96.2187
Land for sale in Texas

Property details

Acreage
2.935 acres
MLS #
NTREIS 21015605
Posted

Expenses

Home Owner Assessments Fee
$100 annually

Parcels

  • 32750000033050

Legal description

LT 33 AB 470 J LOVE SUR, LAKE BY ACRES LT 33,

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Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Carport

Structure

Stories
1
Heating
Central, Electric
Cooling
Central Air
Roof
Metal

Interior

Rooms
Bathroom x 2, Bedroom x 3
Features
Decorative Lighting, Vaulted Ceiling(s)

Nearby schools

NameLevelDistrictDescription
LakeviewElementary——

Listing history

DateEventPriceChangeSource
Nov 22, 2025Under contract$144,160—NTREIS
Oct 25, 2025Price drop$144,160$25,440 -15%NTREIS
Oct 6, 2025Price drop$169,600$42,400 -20%NTREIS
Sept 26, 2025Back on market$212,000—NTREIS
Sept 6, 2025Under contract$212,000—NTREIS
July 30, 2025New listing$212,000—NTREIS
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This 2.935-acre property is located at 516 Lake By Dr in Kemp, TX 75143. The property is pending sale. It has a 1,436 sq ft 3 bedroom, 2 bath house built in 1996.

Checked 1 hour ago — Updated

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