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Keenan Group#1 Austin Board of Realtors Team 2024
2542 County Road 306, photo 1 of 39, Lexington, Lexington, TX
Active

$1,150,000

1Beds
1Baths
1,200Sq Ft
74.88 acresLot

2542 County Road 306, Lexington, TX 78947

Lexington·MLS# 9282421·Built 1995·499 days on market

1 bed, 1 bath, 1,200 sqft on 74.88 acres in Lexington. Lexington, TX 78947. $1,150,000. Lexington ISD.

About This Home

Welcome to your own secluded paradise! This remarkable property spans over 74 acres of breathtaking natural beauty, offering a haven for wildlife enthusiasts and those seeking a peaceful country atmosphere. The centerpiece is a charming 1-bedroom, 1-bathroom metal home, featuring a spacious front porch where you can unwind and immerse yourself in the serene surroundings. In addition to the main residence, you’ll find a detached office equipped with a kitchenette and a half bath, providing a convenient and private space for work or personal use. A unique two-story structure on the property offers living quarters on the second floor, perfect for guests or family members, while the main level serves as a workshop for all your projects and hobbies. The pasture area is ideal for livestock, complete with 100% fencing and cross-fencing to ensure the safety and well-being of your animals. The property boasts sandy loam soil, which is highly desirable for agricultural purposes, and comes with an agriculture exemption, allowing you to enjoy reduced taxes. With beautiful homesites scattered throughout, you can choose the perfect spot to build your dream home. As you explore the land, you’ll encounter gentle rolls leading to a lovely pond, accompanied by a seasonal creek and scattered trees, creating a tranquil and scenic setting. Whether you’re looking for a hunting retreat, a place to call home, or simply a leisurely escape, this property has it all. Essential utilities including a water well, propane, and electricity are already in place. Access to the property is convenient via a paved county road. Don’t miss the chance to see this incredible property for yourself. Schedule an appointment today and experience the tranquility and endless possibilities that await you in this extraordinary retreat. Please note that the property is being sold “As-Is.”

Property Type
Farm
Year Built
1995
Lot Size
74.88 acres
Price / Sq Ft
$958

Listing information last updated August 7, 2026.

Listed by Brokers Real Estate

MLS# 9282421 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 74.88-acre lot
Ceiling Fan(s)
Laminate Counters
Gas Range
Free-Standing Gas Range
Free-Standing Refrigerator

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Laminate Counters

Appliances

  • Gas Range
  • Range
  • Free-Standing Gas Range
  • RNGHD
  • Free-Standing Refrigerator

Flooring

  • Laminate
  • No Carpet
  • Tile
Heating
Central,Propane
Cooling
Ceiling Fan(s),Central Air
Exterior & Lot

Features

  • Private Entrance
  • Private Yard

Construction

  • Metal Siding

Lot Features

  • Agricultural
  • Gentle Sloping
  • Many Trees

Fencing

  • Barbed Wire
  • Cross Fenced

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Porch
Roof
Aluminum,Metal
Lot Size
74.88 Acres

Parking

  • Driveway
  • Outside

Waterfront

  • Dry
  • Seasonal
  • Pond
Financial
Original List Price
$1,150,000
Price per Sq Ft
$958
Utilities
  • Electricity Connected
  • Propane
  • Sewer Connected
  • Water Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 2542 County Road 306, whoever represented it.

  1. ActiveListed 2025
    Current price: $1,150,000Original list: $1,150,000MLS 9282421

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,150,000
Original list
$1,150,000
Price movement
No verified reduction
Listed / DOM
Jun 4, 2025 · 499 days
Map showing 2542 County Road 306
2542 County Road 306
Directions

Zoned Schools

Lexington ISD

1 High School1 Middle School1 Elementary School

Lexington

High SchoolGrades 9-12Zoned assignment

Lexington

Middle SchoolGrades 6-8Zoned assignment

Lexington

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$6,370

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($230K)

Adjustable assumption - not a lending recommendation.

$1,150,000

Loan: $920K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Lexington pricing, timing, and property scale. No automated valuation claim.

List price

$1,150,000

Price per sqft

$958/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

499 days

Original to current

No verified reduction

$1.2M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is 2542 County Road 306?

2542 County Road 306 is listed at $1,150,000 with 1 bedrooms, 1 full bathrooms, 1,200 square feet, 74.88-acre lot. This places it above the ZIP 78947 single-family closed-sale median price of $386,000 (ZIP 78947 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 2542 County Road 306 in?

2542 County Road 306 is zoned for Lexington ISD with assigned schools: Lexington (elementary), Lexington (middle), Lexington (high). School assignments should be verified directly with the district.

What are the property details for 2542 County Road 306?

2542 County Road 306 is a Farm built in 1995 featuring 1 bedrooms, 1 full bathrooms, 1,200 square feet, 74.88-acre lot.

What are the property taxes for 2542 County Road 306?

The most recent annual property tax for 2542 County Road 306 is $3,742. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 2542 County Road 306?

This page does not assume a mortgage rate or publish a monthly payment for 2542 County Road 306. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 2542 County Road 306 compare with other homes in Lexington?

As of Oct 16, 2026, 2542 County Road 306 is offered at $1,150,000. The current MLS snapshot shows 26 active listings in 78947.

When was 2542 County Road 306 built?

2542 County Road 306 was built in 1995 (31 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 2542 County Road 306?

The MLS listing marks 2542 County Road 306 as waterfront. The reported waterfront feature is Dry, Seasonal, Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Lexington

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Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 7:07:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 7:07:11 PM

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