
— bed, — bath on 70.83 acres in Shaw J. Lexington, TX 78947. $2,124,900.
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.
Verified property facts
TBD N US Hwy 77 Us-77 St is listed at $2,124,900 with 0 bedrooms, 70.83-acre lot.
TBD N US Hwy 77 Us-77 St is a Commercial Sale built in 1950 featuring 0 bedrooms, 70.83-acre lot.
TBD N US Hwy 77 Us-77 St is listed by Garry Brown 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.
The most recent annual property tax for TBD N US Hwy 77 Us-77 St is $99. 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.
This page does not assume a mortgage rate or publish a monthly payment for TBD N US Hwy 77 Us-77 St. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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2 records on file
Every recorded listing, sale, and lease at TBD N US Hwy 77 Us-77 St, 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.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $2,400,000 | $2,400,000 | — |
2024+14.1% | — | $2,400,000 | $2,561,203 | — |
2023+18.6% | — | $2,102,955 | $2,400,000 | — |
2022+0.1% | — | $1,772,449 | $2,102,955 | — |
2021 | — | $1,770,659 | $1,652,667 | $119,782 |
20% ($425K)
Adjustable assumption - not a lending recommendation.
$2,124,900
Luxury property intelligence
A sourced read on Shaw J pricing, timing, and property scale. No automated valuation claim.
List price
$2,124,900
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
143 days
Original to current
No verified reduction
$2.1M 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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#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 25, 2026, TBD N US Hwy 77 Us-77 St is offered at $2,124,900. The current MLS snapshot shows 19 active listings in 78947.
TBD N US Hwy 77 Us-77 St was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$2,124,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $2,400,000 | $2,400,000 | — |
2024+14.1% | — | $2,400,000 | $2,561,203 | — |
2023+18.6% | — | $2,102,955 | $2,400,000 | — |
2022+0.1% | — | $1,772,449 | $2,102,955 | — |
2021 | — | $1,770,659 | $1,652,667 | $119,782 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Recent sales for market context