Asking price is about 77% above the estimated value. Estimates can be off and may not reflect the home's current market value.

516 Lake By DrKemp, TX 75143

$349,000

Est. $196,800

  • 1,500 sqft
  • 3 beds
  • 2 baths

About this home

HUD Owned Home FHA Case# 511-299286 Sold AS-IS. MAJOR PRICE IMPROVEMENT AND AVAILABLE FOR ALL BIDDERS. COME LOOK OR TAKE A SECOND LOOK BEFORE IT IS GONE! 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.

  • 6 days on Realtyless

Property history

  • Listing removed

    Nov 10, 2026

    —

  • Listed for sale

    Nov 7, 2026

    $369,000

    Up 156.0%$257/sqft
  • Sold

    Apr 9, 2026

    —

Monthly payment estimate

$2,206/mo

Principal & interest
$1,878
Property tax
$320
HOA fees
$8

Down payment · $69,800

Estimate only, using local tax and insurance figures. Your actual payment depends on your lender. Starting rate: Freddie Mac's 30-year fixed average, week of Nov 12.

Map showing 516 Lake By Dr Kemp, TX 75143

Home values in 75143

in 2025
-11.4%
over 5 years
+47.9%

FHFA House Price Index for the ZIP code through 2025: past prices across the area, not a value for this home or a forecast.

Nearby cities

Distances from Kemp, TX

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