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1/23
$199,000 -$11,000 (-5.24%) Price Reduced
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Property Description
Looking for that perfect piece of TEXAS country to build your dream home on? Look no further than this gorgeous Lee County 7 acre tract located in Blue Properties in Lexington, TX! This property offers a private escape with endless possibilities that you can make your own! The entry driveway way will lead you back to an open and cleared space that is nestled within a pretty mix of trees that include some really nice live oaks! Other pluses include.... Wildlife Exemption to keep property taxes affordable, both electric and water available with an Aqua Water line at the road, recent survey available, Lexington School District and manufactured/mobile homes allowed. See Deed Restrictions. Septic needed. Its prime location between Lexington and Elgin, with easy access to Taylor and Manor, ensures you will never be far from shopping, dining, and entertainment options. Don't miss the opportunity to make this peaceful retreat your own!
Full Property Details
Full Property Details for 1480 County Rd B
General
- Price: $199,000
- Taxes: $595 (2024)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 1339463
- Updated: 1/29/2026
- Added to Site: 291 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: LC
- County: Lee
- Subdivision: BLUE PROPERTIES
- Driving Directions: From US-290 E head east, left onto FM 696, right onto County Road 309, left onto County Road B. Property is about 1/2 the way down the road. Look for sign!
School Information
- Elem School District: Lexington ISD
- Midd School District: Lexington ISD
- High School District: Lexington ISD
- Elementary School: Lexington
- Middle School: Lexington
- High School: Lexington
Utilities
- Sewer: None
- Water: See Remarks
- Utility Description: None, Sewer Not Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pasture, Trees/Woods
- Lot Size (Acres): 7.1
- Lot Size (Sq. Ft.): 309,276
- Lot Features: Agricultural, Cleared, Many Trees
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Financial Considerations
- Assessment Amount: $41,742
- Tax Amount: $595.62
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: BLUE PROPERTIES SECTION B, LOT 15B, ACRES 7.1
- Disclosures/Reports: None
- Property ID: 230162
Listed by Rainey Real Estate
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Schools
Schools serving 1480 County Rd B
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 6.5 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 6.6 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1480 County Rd B
Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$199,000
-5.24%
MLS
10/29/2025
Price Reduced
$210,000
-16%
MLS
6/18/2025
Price Reduced
$250,000
-9.09%
MLS
5/16/2025
Price Reduced
$275,000
-8.33%
MLS
4/16/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1480 County Rd B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,184
13%
$112,820
-63%
2023
$1,049
100%
$308,350
330%
2022
100%
$71,750
36%
2022
-100%
$52,850
-63%
2021
$835
—
$142,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1480 County Rd B
1480 County Road B, Lexington, TX 78947 (MLS# 1339463) is a Lots/Land property with a lot size of 7.1 acres. 1480 County Road B is currently listed for $199,000 and was received on April 16, 2025. Want to learn more about 1480 County Road B? Do you have questions about finding other Lots/Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

