Kemp, TX 75143 516 Lake By Drive

Pending
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Presented By: Kevin Riney with NE Texas Regional Realty; 903-361-2733
  • MLS# 21015605
  • 07/29/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 1,436

Home Details

HUD Owned Home FHA Case# 511-299286 Sold AS-IS. 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.
Presented By: Kevin Riney with NE Texas Regional Realty; 903-361-2733

Interior Features for 516 Lake By Drive

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Fireplaces Total0
Lock Box TypeCombo
Laundry FeaturesUtility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup
Basement Y/NNo
Dining Areas1
Interior FeaturesDecorative Lighting, Vaulted Ceiling(s)
Living Areas1

Other Rooms

Room Count8

General for 516 Lake By Drive

AppliancesElectric Water Heater
Assoc Fees100
Association Fee FrequencyAnnually
Carport Spaces2
CityKemp
Construction MaterialsSiding
CoolingCentral Air, Electric
CountyHenderson
DirectionsGPS
Elementary SchoolLakeview
Elementary School NameLakeview
Full Baths2
HOA Fee IncludesFull Use of Facilities
HOA TypeMandatory
HeatingCentral, Electric
High SchoolMabank
Junior High SchoolMabank
LevelsOne
Occupant TypeVacant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
School DistrictMabank ISD
Special NotesHUD, Special Contracts/Provisions, Verify Flood Insurance, Verify Rollback Tax, Verify Tax Exemptions
Standard StatusPending
StatusPending
Subdivision NameLake By Acres
Transaction TypeFor Sale
Unexempt Taxes3774
UtilitiesCo-op Electric, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1996

Exterior for 516 Lake By Drive

Covered Spaces2
Foundation Block
Garage Y/NNo
Lot Size1 to < 3 Acres
Lot Size Acres2.9350
Lot Size Area2.9350
Lot Size Square Feet127848.6000
Lot Size UnitsAcres
Parking FeaturesCarport
Patio And Porch FeaturesCovered
Structural StyleSingle Detached

Additional Details

Price History

Schools

Elementary School Lakeview Elementary School
High School N/A
Middle School N/A

Vanessa Thomas

Texas Licensed Real Estate Agent
Price $212,000
MLS#21015605
List Date 07/29/2025
Property Type Pending
Phone 254.350.6763
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