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$949,000
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Property Description
35.840 Acres Motivated Seller! Cedar Creek Lake, Prime Development & Commercial Opportunity. Discover the exceptional potential of this 35.840-acre property offering direct access to Cedar Creek Lake and located directly across from Kings Creek Golf Course. Positioned at the highly visible corner of State Highway 274 and FM 148, this property presents outstanding opportunities for commercial, residential, or investment development. The prime location and generous acreage make it ideal for a variety of uses, including: Residential development Private estate or ranch Commercial or mixed-use development Retail or service businesses catering to the surrounding community and golf course visitors A 40' x 40', 3-bedroom, 2-bath structure is located on the property and was previously used as a residence. The improvements are being sold AS IS, and the property is priced primarily for its land value. The property is located in FEMA Flood Zone A. Buyers are encouraged to verify floodplain information, and flood insurance may be required by lenders. Don't miss this rare opportunity to own a highly visible, versatile tract with lake access in a rapidly growing area.
Full Property Details
Full Property Details for 24901 S Fm 148
General
- Price: $949,000
- Taxes: $4,546
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21341007
- Updated: 9/30/2026
- Added to Site: 79 day(s) ago
Location
- County: Kaufman
- Subdivision: A0013
- Driving Directions: GPS will take you right there. From US-175, exit 274 N, to FM 148.
School Information
- Elem School District: Kemp ISD
- Midd School District: Kemp ISD
- High School District: Kemp ISD
- Elementary School: Kemp
- Middle School: Kemp
- High School: Kemp
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Septic Available, Underground Utilities, Water Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Investment, Pasture, Ranch, Residential, Recreational, Single Family
- Year Built: 2016
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Water
- Lot Size (Acres): 35.84
- Lot Size (Sq. Ft.): 1,561,190.4
- Frontage: Highway, Dirt, Gravel
- Topography: Hill, Rough
- Lot Features: Acreage, Cleared, Corner Lot, Backs to Greenbelt/Park, Greenbelt, Hardwood Trees, Irregular Lot, Pasture, Rolling Slope, Many Trees, Steep Slope, Sloped, Wooded
- Potential Use: Agricultural, Cattle, Commercial, Development, Fishery, Grazing, Horses, Hunting, Investment, Livestock, Multi-Family, Mini Storage, Mixed Use, Pasture, Place of Worship, Ranch, Residential, Recreational, Retail, Single Family
- Trees/Vegetation: Wooded, Brush, Pine
- Zoning: Unzoned
Horse Property
- Horse Property: Yes
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Cedar Creek
- Water Front Desc.: Creek, Lake Front
- Lake Front: Yes
Financial Considerations
- Tax Amount: $4,546
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: P E BEAN, TRACT 178.00; 35.73 ACRES
- Property ID: 1655
Listed by Fern Real Estate, Lesia Turner and Fern Real Estate, Tresa Turner
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Schools
Schools serving 24901 S Fm 148
School District:Kemp Independent School District
| Name | Grades | Distance |
|---|---|---|
Kemp Intermediate School 101 Old Us 40, Kemp, TX 75143 | 3-5 | 2.1 mi |
Kemp Primary School 601 East 8th Street, Kemp, TX 75143 | PK-2 | 2.7 mi |
Kemp J High School 1000 Tolosa Road, Kemp, TX 75143 | 6-8 | 1.9 mi |
Kemp High School 220 Texas 274, Kemp, TX 75143 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24901 S Fm 148
Date
Details
Price
Change
Source
9/05/2026
Price Reduced
$949,000
-26.94%
MLS
7/26/2026
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24901 S Fm 148
Year
Property Taxes
Change
Tax Assessment
Change
2025
$331
33000%
$79
11%
2023
$1
—
$71
-1%
2023
$1
—
$72
-99%
2022
$1
—
$13,355
54%
2021
$1
-50%
$8,684
8%
2020
$2
—
$8,030
8822%
2018
$2
—
$90
—
2016
$2
—
$90
—
2015
$2
—
$90
12%
2019
$2
-89%
$80
-11%
2013
$18
—
$90
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24901 S Fm 148
24901 S Fm 148, Kemp, TX 75143 (MLS# 21341007) is a Lots/Land property with a lot size of 35.84 acres. 24901 S Fm 148 is currently listed for $949,000 and was received on July 26, 2026. Want to learn more about 24901 S Fm 148? Do you have questions about finding other Lots/Land real estate for sale in Kemp? You can browse all Kemp real estate or contact a Coldwell Banker agent to request more information.

