Gated Community Homesite with Mature
For Sale
$175,000
1016 Private Road 7040, Lexington, TX 78947
Land, Lexington, TX
Property SizeContact for details
Lot Size4.17 Acres
Days on Market57
Property Features for 1016 Private Road 7040
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Lot features
Large Trees, Medium Trees, Open, Wooded
Directions
From Lexington: Head west on FM 1624 for approximately 8 miles, then turn left onto Private Road 7037. This is a gated community, and a gate code will be required for entry. After entering, continue for about 0.4 miles and turn left onto PR 7040. Please note that the community does not allow signage on properties. The destination is located two lots to the left of the house on PR 7040.
Standard status
Active
APN
1016 Private Road 7040 900
Lot size
4.17 Acres
Listing Agency:
Home & Ranch Real Estate
(979) 272-1759
Listed By:
Madyson Gill Batson · License #0729354
(979) 272-1759
Added: Jun 29
Changed: Aug 19
Last Checked: Aug 24 at 2:06AM
MLS# 26008649
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale homesite is located in the gated community of Fedor Estates and offers a spacious setting supported by approximately 4 acres of mixed, mature trees. The property is positioned near the front of the subdivision, balancing ease of entry and exit with a more secluded feel created by the existing tree cover.
The site is addressed at 1016 Private Road 7040 in Lexington, Texas 78947, in Lee County. Fedor Estates is described as a well-established rural subdivision known for quiet surroundings and larger lots intended for custom home development. The community is set up for residents seeking privacy and space between neighbors, with abundant wildlife mentioned as part of the rural atmosphere.
For buyers planning a custom build, the combination of mature trees and a larger homesite can support a private home setting while still allowing straightforward access in and out of the subdivision. The location near the front of Fedor Estates may also appeal to those who want day-to-day convenience without giving up a wooded, country feel.
The site is addressed at 1016 Private Road 7040 in Lexington, Texas 78947, in Lee County. Fedor Estates is described as a well-established rural subdivision known for quiet surroundings and larger lots intended for custom home development. The community is set up for residents seeking privacy and space between neighbors, with abundant wildlife mentioned as part of the rural atmosphere.
For buyers planning a custom build, the combination of mature trees and a larger homesite can support a private home setting while still allowing straightforward access in and out of the subdivision. The location near the front of Fedor Estates may also appeal to those who want day-to-day convenience without giving up a wooded, country feel.
Key Highlights
- Gated community lot in Fedor Estates, a rural subdivision in Lexington
- Approximately 4 acres of mixed, mature trees for a private, secluded setting
- Lot is positioned near the front of the subdivision for easier entry and exit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 78947, TX
4,828
Population
2,240
Households
2.2
Avg Household Size
45
Median Age
16%
College-Educated
95%
High-School Grad
206.6 sq mi
ZIP Area
23
Density / Sq Mi
$81,371
Median Household Income
$48,630
Median Earnings
$1,037
Median Rent
$276,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build in a gated rural subdivision on a homesite with mature trees and convenient access to town amenities.
Where is this residential land & home lot located?
The property is located at 1016 Private Road 7040 Lexington, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Gated community lot in Fedor Estates, a rural subdivision in Lexington; Approximately 4 acres of mixed, mature trees for a private, secluded setting; Lot is positioned near the front of the subdivision for easier entry and exit
