Nestled in the picturesque countryside of Lexington, this +/-134-acre ranch boasts a rich history and offers a rare opportunity to own an impeccably maintained piece of Texas. The property features rolling grass hills, improved costal hay fields, highway frontage and paved county road frontage. This ranch has 4 ponds and wet weather creek. The home, built around 1975 and recently updated with 4 beds and three baths, has a spacious open floor plan. There is a 40x30 shop with extended carport covering. This workspace has plumbing with a sink. There is an RV pad with utility hook ups. There is also an equipment shed, hay barn, and covered working pens. A standout feature is the underground water lines that run to troughs in all fields, ensuring efficient water access for livestock. Also has well-maintained perimeter fences, cross-fencing, and cattle guards. An easy drive from Austin, the new Samsung Facility, Tesla, as well as Houston or College Station.
Property Details
Property Features
Property Information:
Year Built: 1975
Living Area: 2,438 SqFt
Listing Office:
Office Name: Keller Williams Realty Austin
Office Phone: (512) 448-4111
Listing Agent: Wilson Allen
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
Flooring Type: Carpet, Laminate
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Detached, Garage, RV Access/Parking
Lot Features
Lot Information:
Lot: Cleared, Other, Wooded, Level, Pasture, Rolling/Hilly, Trees
Lot Size: 134.32 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
Other
Directions Information:
Directions: From Houston - 290W to left on FM 976, right on FM 60, right on 21E, right on FM 696, right on CR 406, property on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
Price Per SqFt: $1,066/SqFt
Tax Information:
Annual Amount: $3,667
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, TX.
This property is $2.5M more than the Median Sold Price and $1K/SqFt more than other homes in Lexington, TX.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #12389412
Listing Office:
Office Name: Keller Williams Realty Austin
Office Phone: (512) 448-4111
Listing Agent: Wilson Allen
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/21/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,667
-
2018
$3,563
$179,860
2017
$3,265
$172,570
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,861
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Lexington Elementary School
222 5th St
Distance between this listing and this school5.89 miles
Public District Grades PK-5
4
/10
Caldwell Elementary School
675 County Rd 300
Distance between this listing and this school15.79 miles
Public District Grades PK-3
4
/10
Rockdale Intermediate School
1338 W US Highway 79
Distance between this listing and this school15.85 miles
Public District Grades 3-5
Nearby Schools
6
/10
Lexington Middle School
121 3rd St
Distance between this listing and this school5.78 miles
Public District Grades 6-8
6
/10
Caldwell Intermediate School
765 County Rd 300
Distance between this listing and this school15.89 miles
Public District Grades 4-6
3
/10
Rockdale Jr High School
814 Bushdale Rd
Distance between this listing and this school15.95 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lexington High School
8783 N Highway 77
Distance between this listing and this school5.75 miles
Public District Grades 9-12
4
/10
Dime Box School
1079 Stephen F Austin Blvd
Distance between this listing and this school8.03 miles
Public District Grades PK-12
3
/10
Rockdale High School
500 Childress Dr
Distance between this listing and this school15.59 miles
The neighbors living near this home have an average income of $58,257. The majority of Lexington, TX residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1241 County Road 406
What is the listing price of this property?
The listing price of 1241 County Road 406 property is $2,600,000.
What type of property is this?
The property 1241 County Road 406 is land located in Lexington, Texas, 78947.
Is this property for sale now?
Active Listing: 1241 County Road 406 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,667 (source: MLS/based on county public records data).
How much acreage is this property?
The property 1241 County Road 406 is 134.32 acres.
Interested in 1241 County Road 406? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1241 County Road 406 in Lexington, TX and zip code 78947. This 2,438 square foot home, which was built in 1975, sits on a 134.32 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $2,600,000.
In October 2024 more than 0 listings in Lexington, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. In October 2024 median list price was $60,000 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country