TBD N US HWY 77 US-77 STREET, LEXINGTON, TX 78947
Homes for sale in Lexington.
Homes for sale in 78947.
List Price$2,124,900
TBD N US Hwy 77 Us-77 Street
Lexington, TX 78947
Listing #8847215
35,548
Square Feet
Commercial
Type
About This Property
This 70.83-acre tract in Lee County offers an exceptional opportunity for development or investment just outside Lexington. Ideally positioned along U.S. Highway 77, the property features extensive highway frontage, providing excellent visibility and convenient access. The land is thoughtfully laid out with a proposed subdivision of multiple tracts, ranging from approximately 1 to 3+ acres, along with several designated commercial parcels near the highway frontage. This flexible configuration makes it well-suited for a variety of uses, including residential development, mixed-use projects, or a phased investment strategy. Currently under agricultural exemption, the property benefits from reduced property taxes. Electricity is available nearby, and the site offers a blend of open pasture and wooded areas, adding both usability and natural appeal. With its strategic location, subdivision potential, and strong frontage along a major corridor, this property presents a rare opportunity to create a residential community, commercial development, or long-term land investment in a growing area of Central Texas.
Property Features
Location Information
County
Lee
Subdivision
Shaw J
County
Lee
Directions
Start out going south on N Highway 77/US-77 S toward 5th St., go .79 property will be on left side. GBRE sign
Area
LC
Interior Features
Heating
None
Disabled Features
None
Floors
See Remarks
Accessibility
None
Exterior Features
Is New Construction
No
Parking Description
See Remarks
Possession
Closing & Funding
Lot Size in Acres
70.83
Water / Sewer
Public Sewer
Buildings
0
Water
Public
Has Waterfront
No
Additional Information
Other Utilities
Electricity Available
APN
205405
Property Type
COM
Status
Active
Property SubType
Agriculture
Documents Available
None
Year Built
1950
Similar Listings
Mortgage Calculator
$9,922
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,657
Monthly Tax
$1,770
Monthly Insurance
$495
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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