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$850,000

11009 N Highway 77, Lexington, TX, 78947

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,364 Sq Ft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Private PoolPrivate Pool
Lot Size1 acre

Building Information

Year Built1982
Garage Spaces2

Land Information

APN15924
Land UseResidential
Legal DescriptionA258 PRATOR, P., TRACT 033, ACRES 1.0
Census Tract000100
Assessed Land Value$23,190
Assessed Improvement Value$297,220
Assessment Year2025

About this property

Welcome to this exceptional 18/acre countryside property in Lexington, TX, where comfort, functionality, & natural beauty come together. This well-maintained property features a charming 3/bedroom, 2/bathroom home built on slab foundation, offering timeless appeal & comfortable country living. The impressive workshop barn is a true standout, complete with a greenhouse & a fully concreted shop kitchen equipped with heat & air conditioning. The property also includes, two covered, concreted parking spaces, providing ample protection for vehicles & equipment, while including a space for storage. Outside, the two scenic ponds enhance the beauty & tranquility of the land, while the fully concreted RV pad with full hookups makes hosting guests or accommodating additional living arrangements convenient. The acreage itself is simply stunning, offering a beautiful blend of open space, mature trees, & peaceful views.

Investor Tools

$15,467Estimated Mortgage Balance
$537,533Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Dana Lehmann

Dana Lehmann Properties LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$792
$320,410
2025
$23,190
$297,220
$320,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$792
$320,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vernon E Tuck
Seller Carryback / Seller Financing / Seller Take-Back
$23,400
No
First
Jan 31, 2012
Oct 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,467
$537,533
97%
3%
$141/mo

City: Lexington