1036 Sherrill Ln Lexington, TX $ 1,175,000
1036 Sherrill Ln
$ 1,175,000
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1036 Sherrill Ln

Lexington, TX, 78947
$ 1,175,000
Bedrooms3 Baths2.1 Sq 3,279

Monthly Estimate*

$ 7,235

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Single Family Home for sale in Lexington, TX

for $1,175,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,279 square foot home was built in 1998 on a lot size of 7.

CUSTOM HOME WITH ATTACHED APARTMENT Every town has its Bedford Falls, and out here in the Blue Country Estates of Lexington, Texas, Gary and Paula Bailey built their own slice of heaven back in 1998. With a little help from George Bailey Sr. and George Bailey Jr. (Gary's Father and Grandfather)—just like old George himself (in the movie "It's A Wonderful Life") might've scraped together for the Building & Loan—they poured heart and soul into this custom home. They even gave it a name: Bailey Park. Picture it: Gracious living under a sturdy 30-year commercial metal roof that laughs at Texas storms. There's a separate 2 bedroom 1 bathroom apartment for kinfolk, guests, or cash flow with $1400 rent, an oversized attached garage, and a big game room above the garage. Step outside to a shed/3-bay carport, drive-through RV parking with electric, and 7 acres of pure country peace—fully fenced with 50-year fencing and plumbed for irrigation so the grass stays green without breaking a sweat. Right in front sits a stocked pond, complete with a soothing waterfall feature that sings to you on quiet evenings. A water well keeps everything flowing, just like the good neighbors here who still wave, lend a hand, and look out for one another. It's the kind of place where folks know your name and nobody's ever really alone. And don't forget the large covered patio—perfect for evening gatherings, slow sippin', and starry nights—with a hot tub that conveys with the sale. Concerned about internet connectivity in the country? A StarLink system is included in the purchase. Gary and Paula raised a family, made memories, and lived what George Bailey called a wonderful life right here. Now they're heading to Bryan—closer to doctors, hospitals, restaurants, and less land to tend. But Bailey Park? It's still waiting for the next family to come along, hang their hat, and discover just how wonderful life can be on Sherrill Lane. Your wonderful life starts here. Come see it.

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Single Family Active

Price

$ 1,175,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 10,933

Style

Single Family Residence

Lot Size

7

Year Built

1998

Town/City

Lexington

County/Region

Lee

MLS | Web ID

9779441

Features
General
Living Area 3279
Sewer Septic Tank
Heating Central Electric Heat Pump
Cooling Central Air Electric Heat Pump
Utilities Above Ground Electricity Connected Other Natural Gas Not Available Phone Available
Roof Metal
Appliances Dishwasher Disposal Microwave Plumbed For Ice Maker Free-Standing Electric Range Stainless Steel Appliance(s) Electric Water Heater
Garage Spaces 2
Patio/Porch Features Covered Rear Porch
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Frame Cement Siding Stone Veneer
Year Built 1998
View Pasture Pond Rural Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Pond
Community Features None
Accessibility None
County Lee
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Blue Country Estates
Facing Direction North
Green Sustainability None
Other Structures RV/Boat Storage
Full Baths 2
Status Active
Directions From Hwy. 290 in Elgin head toward Houston and take a left on FM 696. Proceed approximately 14 miles and turn left on Sherrill Lane. The first gate on the right is the entrance to the property.
High School Lexington
City Lexington
Disclosures Seller Disclosure
MLS Area LC
Lot Size Square Feet 304920
Elementary School Lexington
Tax Annual Amount 10932.86
Middle/Junior High School Lexington
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 802942
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Interior
Interior Amenities Bookcases Breakfast Bar Ceiling Fan(s) Cathedral Ceiling(s) Granite Counters Primary Bedroom on Main
Flooring Concrete
Total Fireplaces 1
Fireplace Features Living Room Stone Wood Burning
Window Features Aluminum Frames Blinds Double Pane Windows Screens
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Rain Gutters Lighting RV Hookup Satellite Dish
Fencing Fenced Full Gate Livestock
Parking Features Attached Circular Driveway Detached Carport Driveway Electric Gate Garage Garage Door Opener Garage Faces Side RV Carport
Lot Features Corner Lot Landscaped Public Maintained Road Many Trees Trees-Medium (20 Ft - 40 Ft) Waterfall
Water Source Private Well
Total Parking 7
Foundation Details Slab
Lot Size Acres 7
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 1036
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* Excluded Features
List By
Dan Brunner

Listing Agent

Daniel Brunner, Broker

Broker

danb@3dmrinc.com

Email

Affordability Calculator

$8,146
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,235
Monthly Property Taxes
$911
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360932 Elementary School
4360935 Middle School
Lexington High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2026$1,175,000 Listed Price

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1036 Sherrill Ln, Lexington, TX, 78947 is a Single Family Home for sale at $1,175,000 with 3,279 sqft and a lot size of 7. 1036 Sherrill Ln has 3 bedrooms, 2.1 baths, and was built in 1998. The property's zip code is 78947 which is in Lexington, TX