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$595,000 Just Listed
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Property Description
This expansive property offers a rare opportunity to own a substantial tract of Central Texas acreage with plenty of room to bring your vision to life. Whether you're looking to build your dream home, establish a small ranch, run livestock, enjoy recreational use, or simply invest in land, this property offers the space and flexibility you're looking for. Having an established ag exemption is an attractive benefit for buyers looking to keep property taxes lower while enjoying the advantages of rural acreage. With 40 acres to work with, there's plenty of room for a homesite, livestock, barns, gardens, recreational areas, or a private country retreat Located near Lexington this property provides the peaceful atmosphere of the country while remaining within reach of nearby communities and amenities.
Full Property Details
Full Property Details for 3087 Co Rd 320
General
- Price: $595,000
- Taxes: $53 (2026)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 5385834
- Updated: Today (9/21/2026)
- Added to Site: Today
Location
- Area: LC
- County: Lee
- Subdivision: A079 Cook
- Driving Directions: From Lexington head west on Seventh St toward Main St Turn right at the 1st cross street onto Belton Rd/Main St Continue to follow Main St for 0.3 mi Turn right onto Belton Rd/Tenth St Continue onto Co Rd 320 and the property will be on your left.
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
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pond, Pasture, Trees/Woods
- Lot Size (Acres): 40
- Lot Size (Sq. Ft.): 1,742,400
- Fence: Yes
- Lot Features: Cleared, Level, Native Plants, Trees Large Size, Trees Medium Size, Trees Small Size
- Fencing (Description): Barbed Wire, Perimeter, Partial
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Water Features
- Water Front Desc.: Pond
Financial Considerations
- Assessment Amount: $853,340
- Tax Amount: $53.38
- Tax Year: 2026
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: A079 COOK, J., TRACT 003, ACRES 40.0
- Disclosures/Reports: None
- Property ID: 13680
Listed by Ultima Real Estate
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Schools
Schools serving 3087 Co Rd 320
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 5.8 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 6 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 6 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 3087 Co Rd 320
Date
Details
Price
Change
Source
9/21/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3087 Co Rd 320
Want to learn more about 3087 County Road 320? 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.

