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8576 Hwy 77-8 Acres - 8576 Hwy 77-8 Acres 8 Acres of Commercial Land Offered at $900,000 in Lexington, TX 78947
Investment Highlights
- Approximately 8 acres with sizable development potential within Lexington city limits.
- Zoned under municipal regulations, allowing flexibility for various land uses.
- Strong connectivity to surrounding regions through a primary transportation corridor.
- 500 feet of direct frontage along U.S. Highway 77 for high visibility and accessibility.
- Close to community amenities, retail, schools, and established residential areas.
- Attractive opportunity for commercial, residential, mixed-use, or agricultural applications.
Executive Summary
Whether envisioned for residential neighborhoods, retail or commercial operations, or mixed-use integration, the site provides a versatile canvas for long-term growth. Its proximity to existing businesses and community amenities further enhances development viability, while continued agricultural utilization remains an alternative for investors seeking income flexibility. This property represents a rare opportunity to secure significant frontage along a major highway in a supply-constrained market with continued population and economic momentum.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 8.00 AC |
| Price Per AC | $112,500.00 |
| Price | $900,000 |
| Price Per AC | $112,500.00 |
| Lot Size | 8.00 AC |
8-acre tract with approximately 500 feet of frontage along U.S. Highway 77, offering high visibility and direct access within Lexington city limits.
Description
This exceptional 8-acre property offers outstanding potential for development, investment, or agricultural use. With approximately 500 feet of frontage along U.S. Highway 77, the property benefits from excellent visibility and easy access in a highly desirable location. Situated within the city limits of Lexington, the property is subject to city zoning and development regulations, making it important for buyers to verify intended uses with local authorities. Its strategic location and ample frontage create a wide range of possibilities, including residential development, commercial ventures, mixed-use projects, or continued agricultural use. Whether you are seeking a high-visibility commercial site, future development opportunity, or versatile investment property, this tract presents tremendous potential in the growing Lexington area.
Property Taxes
| Parcel Number | 15385 | Improvements Assessment | $190,680 |
| Land Assessment | $23,010 | Total Assessment | $213,690 |
Property Taxes
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8576 Hwy 77-8 Acres - 8576 Hwy 77-8 Acres