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County Rd E #415, Lexington, TX, 78947

--beds
--baths
--sqft
$300,000
--price/sqft
$2,122/moest. monthly cost
$84,880/yrincome needed

About This Home

This property offers an expansive lot size with excellent potential for development, agricultural use, or even solar farm development. Located near Hwy 77 N, you can reach the property by taking CR. 412 and then turning right onto CR. 413, following it approximately 1.5 miles to the easement road. The property’s layout and zoning offer flexibility for a range of uses, making it an appealing site for both personal and investment purposes. The surrounding Lexington community features local shopping, dining, and parks, creating a pleasant setting for families, retirees, and individuals looking for a peaceful yet connected lifestyle. Its proximity to community amenities ensures residents can enjoy the charm of Lexington while staying conveniently close to essential services. For investors or new owners, this property represents a prime opportunity to capitalize on Lexington’s growth and popularity. With its substantial lot size and versatile zoning, it holds potential for building, leasing, agriculture, or renewable energy projects like a solar farm, depending on the new owner’s vision. Well-positioned to benefit from future area growth, this property is a sound investment with significant potential for returns.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
7/10
Lexington Middle SchoolGrades 6-87.1 mi
6/10
Lexington High SchoolGrades 9-127.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 11602
  • Special condition: Standard

Features

  • Fencing: See Remarks
  • Has view: Yes
  • View description: Rural,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 27.50 Acres
  • Features: Trees-Heavy,Trees-Large (Over 40 Ft),Trees-Medium (20 Ft - 40 Ft)

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

  • Cold Wave
    Cold WaveVery High
  • Drought
    DroughtRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Drought
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Hurricane
Heat Wave

FEMA Declared Disasters Across Texas Counties

Hurricane
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$148$1,776
Property Taxes $220$2,640
Electricity $238$2,859
Total$2,122$25,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,754/yr
40% on housing$63,660/yr
45% on housing$56,586/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 78947$209
Lee County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 78947
Lee County$213

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

DateEventPrice
2025-08-12Price change$300,000
2025-06-24Price change$340,000
2024-11-14Listed for sale$350,000

For Sale by Agent

AgentWendy Papasan
BrokerageKeller Williams Realty

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