TBD N US Hwy 77 Us-77 St Lexington, TX $ 2,124,900
TBD N US Hwy 77 Us-77 St
$ 2,124,900
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TBD N US Hwy 77 Us-77 St

Lexington, TX, 78947
$ 2,124,900
Bedrooms-- Baths-- Sq 35,548
TBD N US Hwy 77 Us-77 St, Lexington, TX 78947 - Image 1
TBD N US Hwy 77 Us-77 St, Lexington, TX 78947 - Image 2
TBD N US Hwy 77 Us-77 St, Lexington, TX 78947 - Image 3
TBD N US Hwy 77 Us-77 St, Lexington, TX 78947 - Image 4
TBD N US Hwy 77 Us-77 St, Lexington, TX 78947 - Image 5

Property for Rent in Lexington, TX

for $2,124,900. This 35,548 square foot property was built in 1950 on a lot size of 70.83.

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.

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Rental Active

Price

$ 2,124,900

Taxes

$ 3,388

Style

Agriculture

Lot Size

70.83

Year Built

1950

Town/City

Lexington

County/Region

Lee

MLS | Web ID

8847215

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available
Construction Materials Other
Year Built 1950
Property Subtype Agriculture
Tax Year 2024
Current Use Agricultural Commercial Industrial Investment Multi-Family
Accessibility None
County Lee
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Shaw J
Building Features See Remarks
Green Sustainability None
Other Structures None
Status Active
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
City Lexington
Disclosures None
MLS Area LC
Lot Size Square Feet 3085354.8
Tax Annual Amount 99.31
Property Condition See Remarks
Leasable Area 0
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 6960
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Interior
Flooring See Remarks
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features See Remarks
Water Source Public
Total Parking 0
Number of Buildings 0
Building Area Total 35548
Lot Size Acres 70.83
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 77
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* Excluded Features
List By
Garry Brown

Listing Agent

Garry Brown Real Estate

Broker

garry@garrybrownrealestate.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$2,124,900 Listed Price

Map


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TBD N US Hwy 77 Us-77 St, Lexington, TX, 78947 is a Property for Rent at $2,124,900 with 35,548 sqft and a lot size of 70.83. TBD N US Hwy 77 Us-77 St was built in 1950. The property's zip code is 78947 which is in Lexington, TX