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$1,195,000

1960 County Road 413, Lexington, TX, 78947

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths768 Sq Ft
price_per_sqft$1,555.99 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size104.10 acres

Land Information

APN11200
Land UseAgriculture / Farming
Legal DescriptionA060 CHENOWETH, J., TRACT 009, ACRES 104.1
Census Tract000100
Assessed Land Value$1,290,530
Assessed Improvement Value$91,370
Assessment Year2025

About this property

Welcome to a hidden gem of a wildlife sanctuary! Tucked away in a dense cover of Post Oak, Elm, and Yaupon forest lies this ideally rectangle shaped Lee County tract ready for enjoyment. This property offers two cabins ready to be finished out to your liking with a water well, electricity, and septic in place. There is an outbuilding to hold your ranch feed and tools as well. Two ponds offer water to the plentiful deer and other wildlife. The terrain is rolling with sandy hills and open areas for feed stations and food plots. This is a secluded location on a deeded access easement, and centrally located 1.5 hours to Austin-Bergstrom airport, and 2 hours to Houston. Whether looking for a place to high fence and raise exotics, or hunt or just feed and observe the native whitetail deer and other species, this is a great option!

Investor Tools

$0Estimated Mortgage Balance
$1,381,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,291 /month
Positive
Cash Flow Estimate:
$2,764 /month

Interested in this property?

Cody Maxwell

Capitol Ranch Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,383
$1,381,900
2025
$1,290,530
$91,370
$1,381,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,383
$1,381,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,381,900
100%
0%
$0/mo

City: Lexington