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.
Lot/land
$1,299,000
24901 S Fm 148, Kemp, TX 75143
--beds
--baths
35.84Acres
Unimproved Land
Built in 2016
35.84 Acres Lot
$1,237,900 Zestimate®
$--/sqft
$-- HOA
What's special
Generous acreageLake access
- 37 days
- 55
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lesia Turner 0634021 972-415-1151,
Fern Real Estate 972-415-1151,
Tresa Turner 0573957,
Fern Real Estate
Source: NTREIS,MLS#: 21341007
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Creek, Lake Front
- Body of water: Cedar Creek
Lot
- Size: 35.84 Acres
- Features: Acreage, Cleared, Corner Lot, Backs to Greenbelt/Park, Greenbelt, Hardwood Trees, Irregular Lot, Pasture, Rolling Slope, Many Trees, Steep Slope, Sloped, Wooded
- Topography: Hill,Rough
- Residential vegetation: Wooded, Brush, Pine
Details
- Additional structures: Outbuilding
- Parcel number: 1655
- Zoning description: Unzoned
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Septic Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: A0013
HOA
- Has HOA: No
Location
- Region: Kemp
Financial & listing details
- Tax assessed value: $312,498
- Annual tax amount: $4,546
- Date on market: 7/25/2026
- Cumulative days on market: 38 days
- Listing terms: Cash,Conventional
- Road surface type: Dirt, Gravel
Estimated market value
$1,237,900
$1.18M - $1.30M
$1,190/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $1,299,000-7.1% |
Source: NTREIS #21341007 Report a problem | ||
| 1/1/2026 | Listing removed | $1,399,000 |
Source: NTREIS #20964456 Report a problem | ||
| 9/4/2025 | Price change | $1,399,000-6.7% |
Source: NTREIS #20964456 Report a problem | ||
| 6/24/2025 | Listed for sale | $1,499,000 |
Source: NTREIS #20964456 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,958 +7.4% | $252,256 -2.1% |
| 2024 | $3,687 +1% | $257,651 +1.6% |
| 2023 | $3,649 +14.8% | $253,509 +27.5% |
| 2022 | $3,179 +30% | $198,867 +39.9% |
| 2021 | $2,445 +120.5% | $142,130 +103% |
| 2020 | $1,109 | $70,000 |
| 2019 | -- | $70,000 +45.5% |
| 2018 | $1,681 | $48,120 -32.5% |
| 2017 | $1,681 +149.9% | $71,330 +149.6% |
| 2016 | $673 +3.3% | $28,580 |
| 2015 | $652 | $28,580 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75143
Nearby schools
Schools provided by the listing agent
- Elementary: Kemp
- Middle: Kemp
- High: Kemp
- District: Kemp ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




