Tour
#20786693, Janie Nieto, Listing office: Coldwell Banker Apex, REALTORS
Property details
About 516 Lake By Dr
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.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,436 sqft
Lot size2.935 Acres
Year built1996
ParkingCarport
MLS #21015605
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Water Heater
- Basement: No
- Interior: Decorative/Designer Lighting Fixtures, Vaulted Ceiling(s)
- Total Bedroom Count: 3
- Parking: Carport
- Architectural Style: Detached
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $212,000
- Price/SqFt: $147
- HOA Amount: $100 Annually
- Annual Tax Amount: $3,542
- Tax Year: 2023
- Directions: GPS
- Year Built: 1996
- Living Area: 1,436 SqFt
- Lot Size: 2.935 Acres
- MLS Number: 21015605
- MLS Name: NTR
- Office Name: NE Texas Regional Realty
- Office Phone: (903) 361-2733
- Listing Agent: Kevin Riney, Sherry Dickson
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 7/31/2025, 9:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $254,583 | $3,542 |
| 2022 | $214,660 | $3,306 |
| 2021 | $148,810 | $2,649 |
| 2020 | $140,420 | $2,684 |
| 2019 | $98,680 | $1,955 |
| 2018 | $90,400 | $1,784 |
| 2017 | $88,800 | $1,757 |
History based on county public records data.
Nearby schools
7
Tool Elementary School
Public District PK-5
4.1 mi
•1201 S Tool Dr
8
Lakeview Elementary School
Public District KG-4
4.6 mi
•306 Harbor Point Rd
7
Southside Elementary School
Public District PK-4
6.4 mi
•109 Paschall Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,333. The majority of Kemp, TX residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
52%
<35k
32%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Lake By Dr
The listing price of 516 Lake By Dr property is $212,000.
The property 516 Lake By Dr is a house located in Kemp, Texas, 75143.
Active Listing: 516 Lake By Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 Lake By Dr are: Tool Elementary School (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 7/10), Mabank Jr High School (GreatSchools Rating 6/10), Mabank Intermediate School (GreatSchools Rating 3/10), Kemp Jr High School (GreatSchools Rating 2/10), Mabank High School (GreatSchools Rating 5/10), Kemp High School (GreatSchools Rating 4/10), Kemp Alternative (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,542 (source: MLS/based on county public records data).
The property at 516 Lake By Dr has 3 bedrooms and 2 bathrooms.
The property 516 Lake By Dr is 1,436 SqFt (source: MLS/tax record).
The year of construction for 516 Lake By Dr is 1996.
This home is located at 516 Lake By Dr in Kemp, TX and zip code 75143. This 1,436 square foot home, which was built in 1996, sits on a 2.94 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $212,000.
Between May and June 2025, Kemp, TX real estate market has seen increase in the number of listings by 2.2%. In June 2025, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $379,000.
From Rocket Homes Real Estate and based on county public records data.