6 months on rocket

1241 County Road 406, Lexington, TX, 78947

$2,600,000

4 Bedrooms
3 Full Baths
134.32 Acres
$1,066/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDetached, Garage, RV Access/Parking
Garage2 spaces
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #12389412
Lot Size134.32 Acres
StatusActive

About 1241 County Road 406

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

School Info

Assigned Schools Information:

  • Lexington High School, Public District Grades 9-12
  • Lexington Middle School, Public District Grades 6-8
  • Lexington Elementary School, Public District Grades PK-5

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
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Housing Market Comparison

See how this home compares to others in Lexington, TX.

Med. Sold Price

$60K

Med. Price/SqFt

$34

Avg. Days On Market

60

# of Sold Homes

1

1241 County Road 406 vs Lexington

200 DAYS ON ROCKET

+140 Days

$2,600,000

+$2.5M More

$1,066/SqFt

+$1K More

KEY TAKEAWAY

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

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,667 -
2018$3,563$179,860
2017$3,265$172,570

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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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.

Elementary School

school-card-donut-2008863
5
/10
  • Lexington Elementary School

  • 222 Fifth St

  • 5.89 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2008864
6
/10
  • Lexington Middle School

  • 121 Third St

  • 5.78 miles

  • Public District Grades 6-8

High School

school-card-donut-2008865
5
/10
  • Lexington High School

  • 8783 N Highway 77

  • 5.79 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,257. The most common annual income of people living in Lexington, TX is between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

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 are the assigned schools for this property?

The assigned schools for 1241 County Road 406 are:
Lexington Elementary School: GreatSchools Rating 5/10
Lexington Middle School: GreatSchools Rating 6/10
Lexington High School: GreatSchools Rating 5/10

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.
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Rocket HomesTexasLee CountyLexington789471241 County Road 406

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.

While more than 0 listings in Lexington, TX in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $60,000.

From Rocket Homes Real Estate and based on county public records data.

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