516 Lake By Drive
Kemp, TX, 75143
$212,000
3 Beds
2 Baths
1,436 SqFt
2.94 Acres
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Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$212,000
MLS #:
21015605
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake By Acres
Listed Date:
Jul 29, 2025
Finished Sq Ft:
1,436
Lot Size:
128,066 sqft / 2.94 acres (approx)
Year Built:
1996
Lake By AcresMabank IsdLakeviewMabank

Schools

School District:
Mabank ISD
Elementary School:
Lakeview
High School:
Mabank

Interior

Bathrooms Full
2
Cooling
Central Air, Electric
Heating
Central, Electric
Interior Features
Decorative Lighting, Vaulted Ceiling(s)
Number Of Living Areas
1

Exterior

Carport Spaces
2
Construction Materials
Siding
Lot Size Area
2.9350

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Kemp

Market Summary

Current real estate data for Single Family in Kemp as of Aug 04, 2025
101
Single Family Listed
89
Avg DOM
238
Avg $ / SqFt
$499,517
Avg List Price

Property Summary

    Located in the Lake By Acres subdivision, 516 Lake By Drive Kemp TX is a Single Family for sale in Kemp, TX, 75143. It is listed for $212,000 and features 3 beds, 2 baths, and has approximately 1,436 square feet of living space, and was originally constructed in 1996. The current price per square foot is $148. The average price per square foot for Single Family listings in Kemp is $238. The average listing price for Single Family in Kemp is $499,517. To schedule a showing of MLS#21015605 at 516 Lake By Drive in Kemp, TX, contact your Aaron Layman Properties agent at 940-209-2100.
516 Lake By Drive
Kemp, TX