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    Lexington, TX
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    Lexington, TX Waterfront Land for Sale

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    Recreational Ranch with Private Lake
    Updated: May 1
    Recreational Ranch with Private Lake

    8550 Milam County Road 455, Lexington, TX 78947

    $2,970,100
    169.72‑acre ranch property with paved road frontage along CR 455
    Water and electricity are already in place on the property
    Includes a 600 SF hunting cabin with a full bathroom
    Additional outdoor bathroom with septic on site
    1,800 SF hay/equipment barn for storage and ranch operations
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Agricultural Land with Creek
    Agricultural Land with Creek

    3501 County Road 409, Taylor, TX 76574

    $25,000,000
    247.00 AC lot

    Ag-exempt tract with Turkey Creek running through the property, offering large-scale residential development optionality.

    View details
    Lake-Adjacent Residential Land
    Lake-Adjacent Residential Land

    Lakeview Loop lot: 125 & 126, Somerville, TX 77879

    $55,000
    0.30 AC lot

    Two buildable lots with water and electric on site, offering lake-area recreation and community amenities.

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    Unimproved Waterfront Recreation Lot
    Unimproved Waterfront Recreation Lot

    1005 Wild Berry Road, Somerville, TX 77879

    $35,000
    30,000 sqft 0.69 AC lot

    Unimproved, wooded lot near Lake Somerville offers a private setting for a weekend retreat or homestead.

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    Lakefront Horse Ranch Property
    Lakefront Horse Ranch Property

    1150 County Road 405, Taylor, TX 76574

    $13,000,000
    88.00 AC lot

    88-acre horse ranch offering a 4-bedroom main home with heated floors and a 2-bedroom lakefront guesthouse.

    View details

    Lexington, TX Waterfront Land Market Trends and Statistics

    Explore 1 waterfront land for sale in Lexington, TX on our real estate platform.

    Sale prices for water rights properties in Lexington, TX average $2,970,100 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 13
    Recreation land 10
    Hunting land 7
    Residential land & home lots 5
    Waterfront Land 2

    Demographics Overview

    Population 5,110
    Population Growth (5Y) +9.0%
    Median Household Income $81,371
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78947 $3M

    Taxes & Financing

    Tax Rate (average for all types) 0.51%
    Property Tax per SF $34.07 per SF
    Tax Rate vs County Average 0.79 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

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