199 Lexington Dr, Fredericksburg, TX, 78624
About This Home
Over 1000' of Pedernales River offering deep holes of water for fishing. Beautiful river bottom consisting of numerous Pecan, Cedar Elms and Oak trees. Incredible views from a turn of a century homestead with a 3 Br/ 1 Ba rock home, built in 1931, smokehouse with cellar and several historic barns. Paved Rd access, ag exempt for low property taxes. Tremendous hunting - Whitetail, Axis and Turkey. Located just 15 minutes from Fbg. This ranch would make an ideal recreational retreat or place to call home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1931
Materials
- Construction materials: Rock Veneer
Type & Style
- Home type: SingleFamily
- Property subType: Farm/Ranch
Interior
Interior Area
- Total structure area: 784
- Total interior livable area: 784 sqft
Property
Details
- Parcel number: 38120
- Zoning: Not zoned
- Other equipment: None
Features
- Levels: One
- Stories: 1
- Fencing: Perimeter
- Has view: Yes
- Waterfront features: River Access
- Topography of land: Gently Rolling
Lot
- Lot size: 151.37 Acres
- Features: Ag Exempt,Views,Hunting Permitted
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Drought
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,916 | $178,992 |
| Home Insurance * | $1,393 | $16,716 |
| Property Taxes | $2,195 | $26,340 |
| Electricity | $238 | $2,859 |
| Total | $18,742 | $224,904 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $2,950,000 |
| 2026-01-03 | Listed for sale | $3,330,140 |
| 2026-01-01 | Listing removed | $3,330,140 |
| 2025-11-03 | Price change | $3,330,140 |
| 2025-05-07 | Listed for sale | $3,950,000 |
For Sale by Agent
View on Zillow