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$625,000

1178 Private Road 3063, Lexington, TX, 78947

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size31.66 acres

Land Information

APN31666
Land UseAgriculture / Farming
Legal DescriptionA162 HARRISON, W., TRACT 001G, ACRES 31.659
Census Tract000100
Assessed Land Value$561,750
Assessment Year2025

About this property

22 ACRES. UNRESTRICTED. BLANK CANVAS. Add in seller financing, a newly installed culvert, and a cut driveway—and you’ve got land that’s ready to move on today, not someday. Welcome to your private slice of the Texas countryside in McDade—where space, privacy, and long-term upside come together. This 22-acre tract delivers exactly what today’s land buyers are searching for: Build your custom home or barndominium Create a weekend retreat, hold as a long-term investment or place your mobile home Start your homestead, bring animals, or build out your vision Set against rolling hills, mature trees, and wide-open skies, this property captures that peaceful rural lifestyle—without losing convenience. You’re just minutes from Elgin and Bastrop, keeping you close to dining, shopping, and everyday essentials. Why this property stands out: Seller financing = flexible path to ownership Cleared access with installed culvert Unrestricted land = maximum freedom Located in a high-growth Bastrop County corridor Land with this level of usability, access, and flexibility is getting harder to find—and buyers are taking notice.

Investor Tools

Property Icon
$561,750
Estimated Property Value
$0Estimated Mortgage Balance
$47,209Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$561,750
2025
$561,750
N/A
$561,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13
$561,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bmp Property Partners Llc
Purchase Money Mortgage
$539,000
No
First
Oct 24, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$514,541
$47,209
8%
92%
$3,232/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lexington

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1178 Private Road 3063 | Property Details | No Agent List