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$179,999
7959008 MLS ⋅ 78947 Zip Code
Located at the end of the cul de sac. Great property with lot's of potential. Mature trees and very private! Light restrictions, NO mobile homes. Currently has Ag exemption through the HOA

Tract 25 Walleye Creek, Lexington
$175,000
3368224 MLS ⋅ 78947 Zip Code
Welcome to the gated community of Fedor Estates, one of Lexington’s most desirable and well-established rural subdivisions. Known for its quiet rural setting and spacious homesites, the community offers a blend of privacy, natural beauty, and convenient access to town amenities. This particular property is ideally positioned near the front of the subdivision for easy entry and exit, while still providing approximately 4 acres of mixed, mature trees that create a peaceful, secluded atmosphere. Fedor Estates is appreciated for its large lots, custom homes, and relaxed country living, where residents enjoy space between neighbors, abundant wildlife, and a slower pace of life while remaining just a short drive from the heart of Lexington.

1016 Private Road 7040, Lexington
$329,640
4241742 MLS ⋅ 78947 Zip Code
Great opportunity to carve your homesite on this expansive 9.96-acre wooded tract, a canvas awaiting your vision. This remarkable parcel offers the ideal foundation for your dream residence, nestled amidst a picturesque natural setting. The land boasts desirable sandy soil and is adorned with a rich canopy of large native trees, creating a serene and private environment. Its generous acreage and intrinsic natural attributes render it perfectly suited for those desiring ample space for livestock or leisure promising a harmonious blend of refined rural charm and convenience. County road is currently being chipped and sealed!

TBD County Road 337, Lexington
$225,000
2073849 MLS ⋅ 78947 Zip Code
Public Remarks / Agent Remarks: Amazing opportunity! Offered at $225,000 for cash or conventional financing. Seller is also offering flexible Owner Financing at $250,000 with 20% down ($50,000). Buyers can choose between two competitive structures: a 3-year balloon at 7.5% interest, or a 5-year balloon at 8.5% interest. Contact listing agent for more details and qualification requirements.

921 9th St, Lexington
$85,000
3697225 MLS ⋅ 78947 Zip Code
Nice lots near downtown Lexington. Plenty of room for a new build or modular home.

TBD Yegua St, Lexington
$195,000
7707548 MLS ⋅ 78947 Zip Code
2-acre property with valuable highway frontage and minimal restrictions, offering excellent flexibility for residential or commercial use. Located near Samsung and other major employers, this tract is positioned in a rapidly growing area with strong future potential. Manufactured homes are allowed, and multiple homes could be added. No water meter currently on site; electricity is nearby, and septic will be required. No utilities are presently installed. A great opportunity for investors, small business owners, or anyone looking for land in a high-growth corridor.

TDB S Hwy 77 Highway, Lexington
$218,001
1270450 MLS ⋅ 78947 Zip Code
Beautiful undeveloped lot in Fedor Estates, offering the perfect canvas for your future home. Electricity and water are available at the roadway, and the property is fenced along one side. To help buyers visualize the possibilities, a conceptual sketch of a potential home layout is included in the documents. This sketch is for inspiration only and is not a required design. Fedor Estates features light building restrictions designed to protect property values while allowing flexibility. Highlights include: Site-built homes only, minimum 1,300 sq ft., subdividing is allowed with approval from Fedor Estates, plat and covenants available in documents. This is country living with mature trees and a dry creek. Seller is offering a $2,000 credit to assist in clearing of the land and/or other improvements. Imagine having your own pond and many acres for enjoyment!

1135 Private Road 7039, Lexington
$265,000
2286188 MLS ⋅ 78947 Zip Code
Welcome to a rare gem nestled in a residential downtown neighborhood! This versatile property, previously a thriving gym, boasts an expansive floor plan that presents endless possibilities for the imaginative homeowner. With a generous backyard adorned with magnificent trees, this space is perfect for both relaxation and recreation. The property features convenient parking options making it easy for guests to visit and enjoy the spacious surroundings.

TBD Caldwell St, Lexington
$150,000
3520197 MLS ⋅ 78947 Zip Code
Great opportunity to own 1.74 acres with direct frontage along U.S. Highway 77 in Lee County near Lexington. This property is equipped with an existing electrical pole and a water well, offering a strong head start for development. With easy highway access and excellent visibility, the tract is well-suited for a homesite, small business, or investment property. The open space provides flexibility for a residence, workshop, or additional improvements to fit your needs. Don’t miss this versatile property in a growing area with great potential.

11423 US Hwy 77, Lexington
$189,900
2703686 MLS ⋅ 78947 Zip Code
Discover the potential of this expansive land property located at 1498 Walleye Creek. Offering a generous plot size, this land presents an excellent opportunity for development or to build your dream home. Nestled in a serene setting, it provides a superb balance of privacy and accessibility to local amenities. Embrace the possibilities with this versatile piece of land in a desirable location.

1498 Walleye Creek Ln, Lexington
$1,175,000
8114692 MLS ⋅ 78947 Zip Code
Turn-key Gentlemen’s Ranch on ~26± Acres in Lexington, TX Step into wide-open Texas living just minutes from downtown Lexington on a quiet private road with no through traffic. This thoughtfully managed ranch blends fun, function, and privacy—perfect for livestock, weekend escapes, or full-time country living. Property includes indoor features like a Man Cave, Hidden Gun Storage, and Hidden Safe. (Gun Storage and Safe-Not pictured) OUTDOOR HIGHLIGHTS Stocked fishing pond for easy, on-site recreation. Putting green for short-game practice between sunsets. Private gun range plus a large patio with a cowboy pool—made for entertaining. Working-ranch infrastructure: big barn with stalls and feed/tack room, multiple loafing sheds, and small-animal pens with water. Fully fenced & cross-fenced pastures for efficient grazing rotations. 30’x30’ metal shop with vehicle lift near the house for projects, storage, or toys. Large equipment/hay carport by the barn. Orchard with pecan, apple, and peach trees plus raised-bed garden—farm-to-table made simple. Generac Power System Tankless Water Heater LOCATION PERKS Quiet country setting minutes from Lexington, about 40 min to Taylor, 30 min to Rockdale, and roughly 1 hour to Austin or Bryan/College Station—close to work hubs, dining, and game days, yet worlds away.

1045 Private Road 7005, Lexington
$125,000
3568544 MLS ⋅ 78947 Zip Code
on file

1122 Edwards Way, Lexington
$350,000
8851917 MLS ⋅ 78947 Zip Code
Beautiful 10 acre tract, 20 minutes from Taylor, 1 hr. east of Austin. This amazing spread is nestled in the Walleye Creek Ranch in Lexington Texas. Walleye creek has a property owners association that is dedicated to ensuring the stability of the property values. This peaceful retreat boasts hundreds of trees to include post oak and burr oaks. Electrical is on site, 400 amp service with two 200 amp panels, Generac ready. The 967 foot frontage is sure to provide and awesome entrance with curb appeal. This triangular shaped lot is partially cleared and offers plenty of great spots to build a home, guest casita, detached garage, barn or work shop. Animals are welcome and a wildlife exemption is approved and in effect. House plans are available for purchase.

1304 Walleye Creek Trail St, Lexington
$249,900
2260865 MLS ⋅ 78947 Zip Code
A rare opportunity awaits with 10 acres of unrestricted land in Lee County, Texas. Just outside Lexington, this property sits in the heart of Central Texas growth, offering both privacy and accessibility. The land is less than an hour from Austin and only about 30 minutes from Taylor, making it easy to enjoy restaurants, shopping, and the conveniences of town while still retreating to your own private sanctuary. Bastrop is also close by, adding another layer of charm with its historic downtown, parks, and riverside recreation. This acreage offers a true blank canvas—build a custom home or barndominium, create a ranch or recreational getaway, or simply hold as an investment in the path of progress. Its strategic position places it within reach of major economic drivers, including the new Samsung semiconductor plant near Taylor and Tesla’s Gigafactory just outside Austin, making it an excellent long-term investment as the area continues to expand. The financial benefits of this property are equally compelling. With a sanctuary exemption keeping land taxes at just $3.14 per year and a POA fee of $600 annually, carrying costs are exceptionally low. Combined with its prime location and lack of restrictions, this 10-acre tract offers unmatched flexibility for both lifestyle and investment. Unrestricted, versatile, and close to Austin’s next wave of growth, this is your chance to secure a piece of Texas land and shape it to your vision.

Lot 29 Walleye Creek Trl, Lexington
$69,900
7257267 MLS ⋅ 78947 Zip Code
This expansive .76 acre wooded lot is situated just a short drive from the heart of Lexington. Whether you envision building a family home or weekend getaway, this lot offers the space and flexibility to bring your vision to life! Enjoy rural living with having the convenience to local shops and amenities. Experience the warmth of small-town Texas with easy access to Austin, Taylor and surrounding areas. As Lexington continues to grow in popularity, now is the perfect time to invest in your future.

TBD Phillips Street Phillips St, Lexington
$60,000
1593190 MLS ⋅ 78947 Zip Code
Good investment opportunity for a growing town with very limited housing options! On the corner of Douglas Street and CR 405, one of four cleared lots in “Old Town” Lexington, nice space for a residential build or perfect for potential development with plenty of room for apartments, a duplex, fourplex and parking with city electric, water and sewage available. Within the Lexington city limits, so city restrictions apply.

320 Douglas St Unit 2, Lexington