Lexington, TX 78947,TBD E FM 696

$550,000

Est.Price: ?

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Est. payment /mo

69.25 Acres Lot


SOLD DATE : 07/19/2021

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Subdivision Cir Ard Cty Giddings Lexton 2-Lx2

MLS Listing ID 1737201

Sold Date 07/19/21

Originating Board actris

Tax Year 2020

Lot Size 69.250 Acres

Property Description

With access from E. FM 696 and FM 405, this property has potential for agriculture, commercial, or residential
development. Grazing lease in effect at $10/acre (verbal agreement). The seasonal creek with two stock tanks supports
cattle, deer, and hogs. Bubbling spring recently discovered at south end of LCRA easement. Perimeter is fenced and water/electric are available. The FM 696 frontage is approx. 60 feet and
FM 405 frontage is approx. 600 feet. The 60' X 1600' LCRA easement for power lines could make a beautiful driveway for
a secluded home or residential development. Schedule your showing today.

Location

State TX

County Lee

Interior

Fireplace N

Exterior

Exterior Feature None

Fence Barbed Wire

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description Pond

View Pasture, Rural, Trees/Woods

Private Pool No

Building

Lot Description Agricultural, Public Maintained Road, Many Trees

Sewer Septic Needed

Water Private

New Construction No

Schools

Elementary Schools Lexington

Middle Schools Lexington

High Schools Lexington

Others

Restrictions None

Acceptable Financing Cash, Conventional, Texas Vet, USDA Loan

Tax Rate 1.7312

Listing Terms Cash, Conventional, Texas Vet, USDA Loan

Special Listing Condition Standard

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Listed by Fathom Realty
Bought with Better Broker, Texas Realty
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