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$693,000

1597 County Road 314, Lexington, TX, 78947

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.81 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APN205395
Land UseFarm & Ranch Improved
Legal DescriptionA159 HUNTER, J. C., TRACT 008B, ACRES 10.0
Census Tract000100
Assessed Land Value$288,000
Assessed Improvement Value$273,040
Assessment Year2025

About this property

Enjoy peaceful country living on this beautiful 10-acre property located at 1597 County Road 314 in Lexington, Texas. This property offers a great blend of partially wooded areas and open cleared land, providing privacy while still offering plenty of usable space. This 2,127 sqft home includes 4 bedrooms and 3 bathrooms with a well-planned and functional layout., giving buyers the opportunity to enjoy a newly built home in a quiet rural setting. With minimal restrictions, the property provides flexibility for country living and the ability to keep horses, livestock, or other animals. The wooded area is home to many birds, offering a relaxing natural setting. The acreage offers plenty of room for additional improvements such as additional homes, shop, barn, or guest house, while still maintaining privacy and natural surroundings. Conveniently located while offering the peace of the countryside, this property is perfect for those looking for space, freedom, and a rural lifestyle. Located in an area with a low tax rate of 1.36% adding long-term value and affordability.

Investor Tools

$0Estimated Mortgage Balance
$561,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,639
$561,040
2025
$288,000
$273,040
$561,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,639
$561,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$561,040
100%
0%
$0/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.

Explore Texas Explore This Area
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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1597 County Road 314 | Property Details | No Agent List