#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Land
Lot Size
4.17 acres
Listed by Home & Ranch Real Estate
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
1016 Private Road 7040 is zoned for Lexington ISD with assigned schools: Lexington (elementary), Lexington (middle), Lexington (high). School assignments should be verified directly with the district.
1016 Private Road 7040 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($35,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1016 Private Road 7040 is around $1,229 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $175,000, 1016 Private Road 7040 is in the Fedor Estates market where there are currently 24 active listings in 78947.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Lexington ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($35K)
$175,000
Luxury property intelligence
A sourced read on Fedor Estates pricing, timing, and property scale. No automated valuation claim.
List price
$175,000
Price per sqft
Not available
Vs. Fedor Estates median
Not available
Days on market
12 days
Original to current
No verified reduction
$175K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
1016 Private Road 7040 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Fedor Estates
Recent sales for market context
