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Property Facts

Price $2,124,900
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Industrial
  • Contractor Storage Yard
  • Warehouse
Total Lot Size 70.83 AC

1 Lot Available

Lot

Price $2,124,900
Price Per AC $30,000.00
Lot Size 70.83 AC

A289 SHAW, J., TRACT 014A, ACRES 70.83

Description

This 70.83-acre tract in Lee County offers an exceptional opportunity for development or investment just outside Lexington. Ideally positioned along U.S. Highway 77, the property features extensive highway frontage, providing excellent visibility and convenient access. The land is thoughtfully laid out with a proposed subdivision of multiple tracts, ranging from approximately 1 to 3+ acres, along with several designated commercial parcels near the highway frontage. This flexible configuration makes it well-suited for a variety of uses, including residential development, mixed-use projects, or a phased investment strategy. Currently under agricultural exemption, the property benefits from reduced property taxes. Electricity is available nearby, and the site offers a blend of open pasture and wooded areas, adding both usability and natural appeal. With its strategic location, subdivision potential, and strong frontage along a major corridor, this property presents a rare opportunity to create a residential community, commercial development, or long-term land investment in a growing area of Central Texas.

Not walkable
10/100
Exceptionally drivable
100/100
  • Listing ID: 28334423

  • Date on Market: 4/27/2023

  • Last Updated:

  • Address: TBD Hwy 77, Lexington, TX 78947

Contact the Sale Advisor

TBD Hwy 77 - TBD Hwy 77

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