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    County Rd #415 Lexington, TX 78947

    For Sale
    $350,000

    Prime Texas acreage, diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 27.5-acre property, located at County Road #415, Lexington, TX 78947 (APN 11602), presents a remarkable investment opportunity. Zoned for both agricultural and commercial use, this expansive land offers unparalleled flexibility for a variety of development projects. Imagine building your dream home, establishing an agricultural operation, or even developing a solar farm – the possibilities are virtually limitless. The property's layout and zoning provide the freedom to tailor the land to your specific needs and vision. Lexington, Texas offers a charming community atmosphere with convenient access to local shopping, dining, and parks, ensuring a peaceful yet connected lifestyle. This location provides easy access to essential services while still enjoying the tranquility of a smaller town. The property's strategic location is poised to benefit from future growth in the area, making it a sound investment with significant potential for substantial returns. The asking price is $350,000. Don't miss this chance to acquire a versatile and well-situated property in a thriving Texas community. This is a rare opportunity to secure a substantial land holding with diverse development potential.

    Property Features for 0 County Rd #415

    General Information

    Property type
    Farms
    Lot Size
    1,197,900 SF

    HighLights

    • 27.5‑acre lot in Lexington, TX, APN 11602, priced at $350,000.
    • Zoned for agricultural and commercial use, allowing for diverse development options including residential, agricultural, or solar farm projects.
    • Lexington offers a charming community with convenient access to shopping, dining, and parks.
    • Prime investment opportunity with significant potential for future appreciation due to the area's growth prospects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Lee
    State
    Texas
    Longitude
    -96.93944444
    Latitude
    30.49916667

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    FAQs

    What type of property is this?
    Farm - Prime Texas acreage, diverse uses.
    Where is this farm located?
    The property is located at County Rd #415 Lexington, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 27.5-acre lot in Lexington, TX, APN 11602, priced at $350,000.; Zoned for agricultural and commercial use, allowing for diverse development options including residential, agricultural, or solar farm projects.; Lexington offers a charming community with convenient access to shopping, dining, and parks.
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    Lexington, TX 78947
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    County Rd #415 Lexington, TX 78947
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