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$120,000 Just Listed
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Property Description
Edgewater is THE luxury destination at Cedar Creek Lake. Just under an hour drive from downtown Dallas. Perfect for an exclusive estate home with incredible privacy! It's platted as 1 of 4 adjacent individual lots, so if you want a compound with multiple homes, that works too! Minimum square footage is 1,500 feet, but homes in the neighborhood go to over 4,000 square feet. It's outside city limits for lower taxes ($ 1.8022 per hundred), and no current MUD tax. Edgewater amenities include a community marina with boat docks, almost a mile of hiking trails, a secure community boat & RV storage lot, & more! The clubhouse is under construction and will include a workout room, and a playground. A community pool is also in the planning stages. Your HOA dues include a Careflite membership, so medical care is just a short flight away. Underground utilities include co-op electric and MUD water, septic system will be necessary. The new communications tower is now complete for stronger cellular and internet signals. Seller financing is available with minimum 20% down, 30 year amortization with a 2 or 3 year balloon, rate to be determined based on LTV and creditworthiness. Seller will entertain breaking the property up, lots 1 and 2 ($ 225,000), lots 3 and 4 ($ 225,000), or lot 2 or 3 by itself ($ 120,000). Owners of multiple lots pay one HOA fee for up to 3 lots. Call listing agent for gate code.
Full Property Details
Full Property Details for 7137 Co Rd 4042
General
- Price: $120,000
- HOA FEE: $104/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21264190
- Updated: 5/8/2026
- Added to Site: Today
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
Location
- County: Kaufman
- Subdivision: Edgewater Add Ph 2
- Driving Directions: From 175 CF Hawn, turn west-south on 274, turn east on 4042, property is about a mile down on the left (north side of the street).
School Information
- Elem School District: Kemp ISD
- Midd School District: Kemp ISD
- High School District: Kemp ISD
- Elementary School: Kemp
- High School: Kemp
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Texas Star Community Management
- Assoc. Fees Include: All Facilities, Association Management
Utilities
- Utility Description: Electricity Available, Municipal Utilities, Sewer Not Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 2.496
- Lot Size (Sq. Ft.): 108,725.76
- Lot Size Source: Public Records
- Lot Dimensions: 477 x 228 ap x .
- Frontage: County Road, Asphalt
- Lot Features: Interior Lot, Many Trees, Subdivision, Subdivided
- Development Status: Site Plan Approved, Streets Installed
- Potential Use: Residential
- Zoning: Residential
- Fencing (Description): None
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,250
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, Texas Vet
Disclosures and Reports
- Documents Avail.: Plat
- Legal Description: EDGEWATER ADDITION PH 2, BLOCK D, LOT 2
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: 197544
- Block: D
- Lot Number: 2
Listed by RE/MAX Trinity, Jarod Marcus
Get Pre-Approved Today
Schools
Schools serving 7137 Co Rd 4042
School District:Kemp Independent School District
| Name | Grades | Distance |
|---|---|---|
Kemp Intermediate School 101 Old Us 40, Kemp, TX 75143 | 3-5 | 4.5 mi |
Kemp Primary School 601 East 8th Street, Kemp, TX 75143 | PK-2 | 5.2 mi |
Kemp J High School 1000 Tolosa Road, Kemp, TX 75143 | 6-8 | 4.5 mi |
Kemp High School 220 Texas 274, Kemp, TX 75143 | 9-12 | 3.9 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 7137 Co Rd 4042
Date
Details
Price
Change
Source
5/08/2026
Listed
$120,000
—
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 7137 Co Rd 4042
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,202
—
$75,000
—
2023
$1,199
-18%
$75,000
-6%
2022
$1,459
25%
$80,000
33%
2021
$1,163
-24%
$60,000
-14%
2019
$1,529
166%
$70,000
180%
2018
$575
—
$25,000
—
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 7137 Co Rd 4042
7137 County Road 4042, Kemp, TX 75143 (MLS# 21264190) is a Lots/Land property with a lot size of 2.496 acres. 7137 County Road 4042 is currently listed for $120,000 and was received on May 08, 2026. Want to learn more about 7137 County Road 4042? 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.

