




$175,000
1016 Private Road 7040, Lexington, TX, 78947
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About this property
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.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lexington
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