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Days180Days on Market
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$425,000

4992 Fm 1624, Lexington, TX, 78947

$495,524 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.78 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2

Exterior

Lot Size4 acres

Building Information

Year Built2002

Land Information

APN34502
Lot Number2
Land UseResidential
Legal DescriptionFEDOR ESTATES, LOT 2, ACRES 4.0
Census Tract000200
Assessed Land Value$198,000
Assessed Improvement Value$113,850
Assessment Year2025

About this property

Escape the hustle and settle into serenity at a beautifully situated site-built home, located on 4 picturesque acres with a tranquil pond and wide-open Texas skies. Built in 2002, this thoughtfully designed residence offers 2,338 square feet of main living space plus an additional 800 square feet connected by a charming private courtyard. This creates exceptional flexibility for guests, hobbies, or multi-generational living. The home features two spacious primary suites, providing comfort and privacy. The courtyard serves as a peaceful centerpiece - perfect for morning coffee or entertaining. Outdoors the property shines with its scenic pond, open acreage, and roam to garden, or enjoy nature at your own pace. Whether you're seeking a full time residence or a weekend retreat, this property offers the ideal blend of space, privacy, and rural charm - just far enough away to unwind, yet within reach of nearby towns and amenities.

Investor Tools

$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$495,524
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Michele Sherwood

Golden Anchor Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$836
$311,850
2025
$198,000
$113,850
$311,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$836
$311,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
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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4992 Fm 1624 | Property Details | No Agent List