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$693,000
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Property Description
Enjoy peaceful country living on this beautiful 10-acre property located at 1597 County Road 314 in Lexington, Texas. This property offers a great blend of partially wooded areas and open cleared land, providing privacy while still offering plenty of usable space. This 2,127 sqft home includes 4 bedrooms and 3 bathrooms with a well-planned and functional layout., giving buyers the opportunity to enjoy a newly built home in a quiet rural setting. With minimal restrictions, the property provides flexibility for country living and the ability to keep horses, livestock, or other animals. The wooded area is home to many birds, offering a relaxing natural setting. The acreage offers plenty of room for additional improvements such as additional homes, shop, barn, or guest house, while still maintaining privacy and natural surroundings. Conveniently located while offering the peace of the countryside, this property is perfect for those looking for space, freedom, and a rural lifestyle. Located in an area with a low tax rate of 1.36% adding long-term value and affordability.
Full Property Details
Full Property Details for 1597 Co Rd 314
General
- Price: $693,000
- Taxes: $7,639 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1029140
- Updated: 3/10/2026
- Added to Site: 27 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Main Level Primary, Open Floorplan, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Microwave
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Main Level, Laundry Room, Washer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Rear Porch, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Covered Spaces: 2
- Total Spaces: 10
- Parking Features: Additional Parking, Carport, Garage
Location
- Area: LC
- County: Lee
- Subdivision: none
- Driving Directions: From Elgin take HWY 290 turn left onto FM 696E turn left onto County Road 309 turn right onto CR 316 then turn left onto CR 314. The property will be on your left. If coming from another area, Google Maps will take you there.
- Direction Faces: East
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
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Cement Siding, Concrete, Stone
- Roof: Composition
- Windows: Low-Emissivity Windows, Screens
- Stories/Levels: 1
- Square Feet: 2,127
- Sq. Ft. Source: Public Records
- Living Area: 2,127 Sq. Ft.
- Year Built: 2023
- Year Built Source: Public Records
- Property Condition: New Construction
Additional Structures
- Other Structures: Outbuilding, Poultry Coop, Shed(s)
Lot Features
- Property View: Pasture, Rural
- Lot Size (Acres): 10
- Lot Size (Sq. Ft.): 435,600
- Fence: Yes
- Lot Features: Moderate Trees, Native Plants
- Fencing (Description): Full
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture, Stable(s)
Financial Considerations
- Assessment Amount: $561,040
- Tax Amount: $7,639.12
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Survey
- Legal Description: A159 HUNTER, J. C., TRACT 008B, ACRES 10.0
- Disclosures/Reports: Seller Disclosure
- Property ID: 205395
- Lot Number: A159
Listed by All City Real Estate Ltd. Co
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Schools
Schools serving 1597 Co Rd 314
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 8.3 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 8.4 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1597 Co Rd 314
Date
Details
Price
Change
Source
3/07/2026
Listed
$693,000
—
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 1597 Co Rd 314
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,639
137%
$561,040
-10%
2023
$3,218
100%
$624,760
184%
2022
100%
$220,000
47%
2022
-100%
$150,000
25%
2021
$2,130
—
$120,000
—
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 1597 Co Rd 314
1597 County Road 314, Lexington, TX 78947 (MLS# 1029140) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1597 County Road 314 is currently listed for $693,000 and was received on March 07, 2026. Want to learn more about 1597 County Road 314? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

