TBD N US Hwy 77 Us-77 St, Lexington, TX 78947

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.

The 70.83-acre tract at US Highway 77 in Lexington represents a rare, shovel-ready development opportunity in Lee County with direct highway frontage on one of Central Texas's most trafficked corridors. This property sits at the intersection of agricultural value and commercial potential, positioned less than 30 minutes from major Austin employers including Apple, Dell, Tesla, and Oracle, making it an attractive play for residential or mixed-use development.

The land's current agricultural exemption status provides immediate tax advantages while you strategize the best development approach. The property is thoughtfully configured for flexible deployment: the proposed subdivision layout accommodates multiple tracts ranging from 1 to 3+ acres, with dedicated commercial parcels positioned along the highway frontage to maximize visibility and traffic exposure. This modular layout means you can develop in phases, test market conditions, or build in response to demand without committing the entire 70.83 acres at once.

Physical characteristics support development readiness. The site combines open pasture with established wooded areas, offering both buildable land and natural buffers or retention features for future projects. Electricity is available nearby, reducing infrastructure costs. The blend of cleared and treed sections gives future planners options for density, preservation corridors, or community amenities like parks or trails.

The Highway 77 location carries strategic weight. This corridor connects Lexington directly to Austin's high-growth employment centers, making it appealing for workforce housing, retail, or office development. The extensive frontage provides advertising value alone and positions any commercial parcels for drive-by visibility that translates to tenant interest.

For investors, the current agricultural exemption combined with development-ready land creates a clear arbitrage opportunity. You're holding an asset with tangible tax benefits while its highest-and-best-use potential builds through regional employment growth and Austin's continued expansion southward. The Lee County location sits outside Austin's inner market but within the economic pull of major tech corridors, positioning this parcel as both a medium-term hold and a near-term development catalyst.

This 70.83-acre canvas in Lexington offers the rare combination of regulatory clarity, subdivision-ready layout, and strategic corridor positioning that development firms and long-term land investors actively pursue.