Lexington, TX 78947 (Lee County)
About this property
A rare opportunity awaits with 10 acres of unrestricted land in Lee County, Texas. Just outside Lexington, this property sits in the heart of Central Texas growth, offering both privacy and accessibility. The land is less than an hour from Austin and only about 30 minutes from Taylor, making it easy to enjoy restaurants, shopping, and the conveniences of town while still retreating to your own private sanctuary. Bastrop is also close by, adding another layer of charm with its historic downtown, parks, and riverside recreation. This acreage offers a true blank canvas—build a custom home or barndominium, create a ranch or recreational getaway, or simply hold as an investment in the path of progress. Its strategic position places it within reach of major economic drivers, including the new Samsung semiconductor plant near Taylor and Tesla’s Gigafactory just outside Austin, making it an excellent long-term investment as the area continues to expand. The financial benefits of this property are equally compelling. With a sanctuary exemption keeping land taxes at just $3.14 per year and a POA fee of $600 annually, carrying costs are exceptionally low. Combined with its prime location and lack of restrictions, this 10-acre tract offers unmatched flexibility for both lifestyle and investment. Unrestricted, versatile, and close to Austin’s next wave of growth, this is your chance to secure a piece of Texas land and shape it to your vision.
Property details
Location
About the Area
Lot 29 Walleye Creek Trl is located in Lexington, Texas, in Lee County. Lee County sits in the post oak savanna east of Austin, anchored by Giddings, a small agricultural city bisected by US-290 that has seen modest growth from Austin metro expansion. The county maintains a working agricultural character while proximity to Austin makes it increasingly attractive for acreage buyers.
The Little Brazos River and Yegua Creek drain much of Lee County, and the terrain features sandy post oak soils characteristic of the Lost Pines transition zone. The landscape is gentler than the Hill Country proper, with open pastures, wooded creek bottoms, and sandy-soiled ranchland.
Lexington had an estimated population of 1,493 as of 2023. The 78947 zip code has a median household income of $81,371, a median home value of $276,900, and a median age of 41.1. The average household size is 2.61 people.
Cattle ranching, poultry farming, oil and gas production, and Austin metro spillover define Lee County's economy. The county attracts buyers seeking affordable acreage within 60 miles of Austin's employment centers.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Kuper Sotheby's Int'l Realty.