Date
Details
Price
Change
Source
5/06/2026
Listed
$2,124,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,124,900 Just Listed
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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.
Full Property Details
Full Property Details for Tbd N US Hwy 77 Us-77 St
General
- Price: $2,124,900
- Taxes: $99 (2024)
- Status: Active
- Type: Agricultural Land
- Source: Austin_MLS
- MLS ID: 8847215
- Updated: 5/6/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Parking Features: See Remarks
Location
- Area: LC
- County: Lee
- Subdivision: Shaw J
- Driving Directions: Start out going south on N Highway 77/US-77 S toward 5th St., go .79 property will be on left side. GBRE sign
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Square Feet: 35,548
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Agricultural, Commercial, Industrial, Investment, Multi-Family
- Year Built: 1950
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 70.83
- Lot Size (Sq. Ft.): 3,085,354.8
Financial Considerations
- Assessment Amount: $6,960
- Tax Amount: $99.31
- Tax Year: 2024
- Terms: Cash, Conventional, Texas Vet, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: A289 SHAW, J., TRACT 014A, ACRES 70.83
- Disclosures/Reports: None
- Property ID: 205405
Listed by Garry Brown Real Estate
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Listing agent
— Tbd N US Hwy 77 Us-77 St —
Garry Brown Real Estate
(979) 773-4111
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Price & Sales History for Tbd N US Hwy 77 Us-77 St
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Tbd N US Hwy 77 Us-77 Street, Lexington, TX 78947 (MLS# 8847215) is a Agricultural Land property. Tbd N US Hwy 77 Us-77 Street is currently listed for $2,124,900 and was received on May 06, 2026. Want to learn more about Tbd N US Hwy 77 Us-77 Street? Do you have questions about finding other Agricultural Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.