— bed, — bath on 40.00 acres in Lexington. Lexington, TX 78947. $595,000. Lexington ISD.
About This Home
This expansive property offers a rare opportunity to own a substantial tract of Central Texas acreage with plenty of room to bring your vision to life. Whether you’re looking to build your dream home, establish a small ranch, run livestock, enjoy recreational use, or simply invest in land, this property offers the space and flexibility you’re looking for.
Having an established ag exemption is an attractive benefit for buyers looking to keep property taxes lower while enjoying the advantages of rural acreage. With 40 acres to work with, there’s plenty of room for a homesite, livestock, barns, gardens, recreational areas, or a private country retreat
Located near Lexington this property provides the peaceful atmosphere of the country while remaining within reach of nearby communities and amenities.
- Property Type
- Farm
- Lot Size
- 40.00 acres
Listing information last updated September 21, 2026.
Listed by Ultima Real Estate
MLS# 5385834 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cleared
- Level
- Native Plants
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Small (Under 20 Ft)
- Barbed Wire
- Partial
- Perimeter
- Lot Size
- 40.00 Acres
- Pond
Financial
- Original List Price
- $595,000
Utilities
- Electricity Available
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3087 County Road 320, whoever represented it.
- ActiveListed 2026Current price: $595,000Original list: $595,000MLS 5385834
- Listed · September 21, 2026$595,000
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.
- Current list
- $595,000
- Original list
- $595,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 21, 2026 · 25 days
Zoned Schools
Lexington ISD
Lexington
Lexington
Lexington
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($119K)
Adjustable assumption - not a lending recommendation.
$595,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lexington pricing, timing, and property scale. No automated valuation claim.
List price
$595,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
25 days
Original to current
No verified reduction
$595K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 3087 County Road 320 to the Austin Market
78947 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
