TBD N US Hwy 77 Us-77 St, Lexington, TX 78947
- $2,124,900
- List Price
- $2,124,900
- Status
- ACTIVE
- MLS#
- 8847215
- Days on Market
- 85
- Lot Size
- 3,085,354
- Area
- Elgin/Manor, Milam/Lee
Property Description
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.
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Additional Information
- Taxes
- $99
- Tax Year
- 2024
- Year Built
- 1950
- Construction
- Other
- Region
- Elgin/Manor, Milam/Lee
- Sewer
- Public Sewer
- Street Name
- Us-77 St
- Street Number
- TBD N US Hwy 77
- Neighborhood
- Shaw J
- Water
- Public
- Acres
- 70.83
- County
- Lee
- Floor
- See Remarks
- Heating
- None
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Listing courtesy of Garry Brown Real Estate. Contact: (979) 773-4111
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