3297 FM 3403, LINCOLN, TX 78948

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Homes for sale in 78948.


3297 FM 3403

Lincoln, TX 78948

Active

List Price$400,000

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Listing #5579649

Farm

Type

About This Property

18.98 Ag-Exempt, multi-use acres near the corner of State Hwy. 77 and FM 3403 with A LOT OF POTENTIAL!!! With future, area growth in mind, this property's location near Hwy. 77, with a cut through to Hwy. 21 (via Fm 3403), puts it in a prime location for all types of commercial businesses and its proximity to busy Hwy. 77 ensures great visibility and easy accessibility! The north end of the property has been cleared and is partially wooded to the south, so a buffer of large trees and dense scrub make it work as a residential or recreational property as well, with rural (Lee County) water nearby and electric available. A water well, stock tank and partial livestock fencing along three sides also make it a great piece of land to raise or showcase livestock where your herd and signage can be easily seen by passersby. There's never been a better time to own a diverse piece of investment property!

Property Features

Location Information

County

Lee

Subdivision

N/A

County

Lee

Directions

Property is located near the Southeastern corner of State Hwy. 77 and FM 3403, between Lexington and Lincoln.

Area

LC

Exterior Features

Is New Construction

No

Road Description

Asphalt, Paved

Water / Sewer

None

Waterfront Description

None

Water

Public

Has Waterfront

No

Fencing

Barbed Wire, Partial

Has View

Yes

Is a Horse Property

Yes

View

Pond, Pasture, Rural, Trees/Woods

Lot Size in Acres

18.98

School

Elementary School District

Lexington ISD

Middle School

Lexington

Elementary School

Lexington

High School

Lexington

Additional Information

Other Utilities

Above Ground Utilities, Electricity Available, Water Available, Sewer Not Available

APN

16712

Property Type

FRM

Status

Active

Property SubType

Ranch

Documents Available

Aerial

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Mortgage Calculator

$1,867

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,441

Monthly Tax

$333

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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