Property profile

2542 County Road 306 Lexington, TX 78947

FOR SALE
Ranches
Property ID
US82-5875170
Built 1995
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Property summary

AI-generated overview

Welcome to your own secluded paradise! This remarkable property spans over 74 acres of breathtaking natural beauty, offering a haven for wildlife enthusiasts and those seeking a peaceful country atmosphere. The centerpiece is a charming 1-bedroom, 1-bathroom metal home, featuring a spacious front porch where you can unwind and immerse yourself in the serene surroundings. In addition to the main residence, you’ll find a detached office equipped with a kitchenette and a half bath, providing a convenient and private space for work or personal use. A unique two-story structure on the property offers living quarters on the second floor, perfect for guests or family members, while the main level serves as a workshop for all your projects and hobbies. The pasture area is ideal for livestock, complete with 100% fencing and cross-fencing to ensure the safety and well-being of your animals. The property boasts sandy loam soil, which is highly desirable for agricultural purposes, and comes with an agriculture exemption, allowing you to enjoy reduced taxes. With beautiful homesites scattered throughout, you can choose the perfect spot to build your dream home. As you explore the land, you’ll encounter gentle rolls leading to a lovely pond, accompanied by a seasonal creek and scattered trees, creating a tranquil and scenic setting. Whether you’re looking for a hunting retreat, a place to call home, or simply a leisurely escape, this property has it all. Essential utilities including a water well, propane, and electricity are already in place. Access to the property is convenient via a paved county road. Don’t miss the chance to see this incredible property for yourself. Schedule an appointment today and experience the tranquility and endless possibilities that await you in this extraordinary retreat. Please note that the property is being sold “As-Is.” bikeScore: 24, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Ranches
Year built 1995
UPID US82-5875170

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2542 County Road 306 Lexington, TX 78947
Lexington metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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