$2,600,000
For Sale

1241 County Road 406

Lexington, TX 78947
2438 sqft | 4 beds | 3 baths | 134.32 acres | #8670773
Browse 40 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Nestled in the picturesque countryside of Lexington, Texas, this +/-134-acre ranch boasts a rich history and offers a rare opportunity to own an impeccably maintained piece of Texas. The property features beautiful rolling grass hills, highly improved costal hay fields, highway road frontage and paved county road frontage and is accented by many majestic trees, creating both, a serene landscape and diverse investment opportunity. This ranch is distinguished by its 4 ponds and wet weather creek adding both charm and functionality to the land. Whether used for fishing, livestock, hunting, or simply enjoying the peaceful water views, these water features enhance the beauty and versatility of the property. The house features a spacious layout, with modern amenities and rustic charm. The home was built around 1975 and recently updated with four bedrooms and three bathrooms and a spacious open floor plan. At approximately 2,438sf, this home is well suited as a weekend home, a temporary home while you build your dream home, or a permanent residence. There is a drive through 40x30 shop with an extended carport covering, providing ample space for storage, hobbies, or work projects. This workspace provides plumbing with a sink. Next to the shop, there is an RV pad with utility hook ups. There is also an equipment shed, hay barn, and covered working pens. A standout feature is the underground water lines that run to troughs in all fields, ensuring efficient water access for livestock. This feature, combined with the well-maintained perimeter fences, cross-fencing, and cattle guards makes this ranch a turn-key operation for cattle or other livestock. An easy drive from Austin, an easy commute to the new Samsung Facility, Tesla, as well as Houston or College Station, the location is perfect. Just over an hour from the Austin airport yet completely remote. Easily accessible from paved county road 406. Additionally, the property fronts along FM 696 and has multiple access gates.

  • Property Details
      • InteriorCeiling Fans, Granite Counters, Tile Counters, Vaulted Ceilings, Walk In Closets
      • Lot DescriptionAgricultural, Cleared, Farm, Private, Many Trees, Automatic Sprinklers
      • Utility FeaturesAbove Ground Utilities, Cable Connected, Electricity Connected
      • ViewPond, Pasture, Trees Woods
      • Exterior MaterialsPrivate Yard, RvHookup
      • Property SubtypeSingleFamilyResidence
      • Sewer InformationAerobic Septic
      • School DistrictLexington ISD
      • Utility SourcePublic, Well
      • Original List Price$2,850,000
      • Elementary SchoolLexington
      • Middle SchoolLexington
      • High SchoolLexington
      • Property TypePurchase
      • MLS #8670773
      • Cost2600000
      • MLS #8670773
      • Acres134.32
      • Taxes Annual$4,033
      • Property ConditionResale
      • Square Feet2438
      • Year Built1975
      • FoundationSlab
      • CountyLee
      • Days on Market (Cumulative)353
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
      • Pool1

Location

Marina OglesbyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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