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$1,150,000
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Property Description
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."
Full Property Details
Full Property Details for 2542 Co Rd 306
General
- Price: $1,150,000
- Taxes: $3,741 (2024)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 9282421
- Updated: 12/3/2025
- Added to Site: 261 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Laminate Counters
- Appliances: Free-Standing Gas Range, Free-Standing Refrigerator, Gas Range, Range, Range Hood, See Remarks
- Flooring: Carpet Free, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Inside, In Hall, Washer Hookup
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: Private Entrance, Private Yard
- Porch/Patio/Deck: Covered, Front Porch, Porch
Parking
- Total Spaces: 10
- Parking Features: Driveway, Outside
Location
- Area: LC
- County: Lee
- Subdivision: None
- Driving Directions: From Elgin TX go South on HWY 290 and take a left at flashing lights on W FM 696. Travel to CR 306 on left and continue through tunnel to property for sale at sign on right 2542 CR 306
- Direction Faces: South
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
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Propane, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Aluminum, Metal
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 1,200
- Sq. Ft. Source: Public Records
- Living Area: 1,200 Sq. Ft.
- Year Built: 1995
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage Apartment, Outbuilding, Shed(s), Storage, Workshop
Lot Features
- Property View: Pond, Pasture, Trees/Woods
- Lot Size (Acres): 74.88
- Lot Size (Sq. Ft.): 3,261,772.8
- Fence: Yes
- Lot Features: Agricultural, Gentle Sloping, Many Trees
- Fencing (Description): Barbed Wire, Cross Fenced
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Water Features
- Water Front Desc.: Pond, Seasonal
Financial Considerations
- Assessment Amount: $262,230
- Tax Amount: $3,741.76
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: A192 LEWIS, W., TRACT 003A, ACRES 74.88
- Disclosures/Reports: See Remarks
- Property ID: 18269
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Schools
Schools serving 2542 Co Rd 306
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 12.3 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 12.4 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 12.5 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 2542 Co Rd 306
Date
Details
Price
Change
Source
6/04/2025
Listed
$1,150,000
—
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 2542 Co Rd 306
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,356
183%
$1,331,610
16%
2023
$1,184
100%
$1,151,790
660%
2022
100%
$151,529
41%
2022
-100%
$107,680
100%
2021
$1,907
—
—
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 2542 Co Rd 306
Want to learn more about 2542 County Road 306? Do you have questions about finding other Farm real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

