tomo logo

$799,000

Beds
4
Baths
3.0
sq ft
2,258

8731 Lakeshore Dr, Kemp, TX 75143

8731 Lakeshore Dr

Kemp, TX 75143

  • 4 days on market
Views, views and more views! This lot is a peninsula surrounded by open water. You are buying one of the best views in Cedar Creek Lake with the ultimate privacy and serenity, fully furnished, and a big dock that includes a party deck. House was completely remodeled in 2023 with new sprinkler system, gutters, AC and a new lake wall; roof and windows (2022 and 2023). Dock was re done in 2024 as well as back deck. Back screened porched was enclosed, remodeled and added AC to make it part of the house. Just an hour from Dallas, this is the perfect escape for the weekend or a full time residence with such amazing views, you will want to work from home!

Details

Property type

Single Family Residence

Est. home value

$442,482

Lot size

0.835 acres

Price per sq ft

$354

Year built

1980

Annual property taxes

$6,349

Price History

03/26/2025
NTREIS

NTREIS #20881577

Listed
$799,000

Schools & Community

Elementary school: 

Kemp

Middle school: 

Unknown

High school: 

Kemp

School district: 

Kemp ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$534,597
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$200,483
Cash to seller
$534,597

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primewest Mortgage Corp

Loan start date

December 2017

Original loan amount

$235,200

Est. remaining balance

$200,483

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

John Stephenson and Deidre Stephenson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 6:20 PM

Listing updated: 03/26/2025 at 2:16 PM

Listed by: Ines De Urtubey, Corner House Company Phone #: (469) 223-5330

MLS: NTREIS #20881577

NTREIS logo

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