Active
2 units4 bd4 ba2,508 sqft
Cost to live here
$4,205/moafter $1,138/mo in rent
Income to qualify: about $134,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$749,900•House + ADU
8862 County Road 4028, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
Active
Listed 164 days agoOwner-Occupant Eligible
About $428 a month to live here, after the rent from the other home.
Duplex1,420 sqft4 beds2 bathsListed Jun 1, 2026
A duplex. Live in one home and rent out the other. How it works
Live here for about
$428a month
The other home rents for $1,000. We hold back $195 of that for repairs and an empty month, and the rest goes toward a $1,233 monthly payment.
Income to qualify: about $25,000 a year
With how much down?
At 20% down ($33,800) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $23,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$5,915 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Turnkey income property on a 0.171-acre corner lot at E 11th St & S Elm St in Kemp. Two detached, renovated 2 bed, 1 bath homes, both leased. Updates include wood-look laminate flooring, updated kitchens with stainless appliances, fresh paint and new lighting. Current rents: Unit 1 $1,000 per month and Unit 2 $1,135 per month, for $25,620 gross annual income. Covered carport parking, city water and sewer, no HOA, and not in a flood zone (Zone X per 2021 survey). Survey available in supplements. Quick access to US-175, about 11 miles from Kaufman. Tenant occupied, showings by appointment only. Please do not disturb tenants.
Duplex
Property Type
7,439 sqft
Lot Size
1900
Year Built
Listing Date: 06/01/2026
Listed by: Nir Sheinbein
Listing office: Texas Ally Real Estate Group
Source: NTREIS #21259445
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$169,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$169,000
Your Down Payment$33,800
Financed$135,200
Estimated Monthly Payment$1,233
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($33,800) and 5.6%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$1,233/month
Principal + Interest
$776Property Taxes
$164Home Insurance
$293Estimated Monthly Payment (Before Rental Income)
$1,233/month
Principal + Interest
$776Property Taxes
$164Home Insurance
$293$1,233/month
$776
$164
$293
Rental Income (1 Unit)
$1,000/month
From the listing description.
Rental Expenses
-$195Rental Income (1 Unit)
$1,000/month
From the listing description.
Rental Expenses
-$195$1,000/month
-$195
Cost to live hereCost to live here, after rent
$428/month
Cost to live hereCost to live here, after rent
$428/month
$428/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21259445 · Listing office: Texas Ally Real Estate Group
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
