
— bed, — bath on 4.17 acres in Fedor Estates. Lexington, TX 78947. $175,000. Lexington ISD.
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.
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 listed by Home & Ranch Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 1016 Private Road 7040. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 1016 Private Road 7040 is offered at $175,000. The current MLS snapshot shows 19 active listings in 78947.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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2 records on file
Every recorded listing, sale, and lease at 1016 Private Road 7040, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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)
Adjustable assumption - not a lending recommendation.
$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. Neighborhood guide reference price
Not available
Days on market
88 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 Sep 25, 2026.
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