TBD N US HWY 77 US-77 STREET, LEXINGTON, TX 78947

Homes for sale in Lexington.

Homes for sale in 78947.


Active

List Price$2,124,900

TBD N US Hwy 77 Us-77 Street

Lexington, TX 78947

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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