Lexington, TX 78947 (Lee County)
About this property
Welcome to the gated community of Fedor Estates, one of Lexington’s most desirable and well-established rural subdivisions. Known for its quiet rural setting and spacious homesites, the community offers a blend of privacy, natural beauty, and convenient access to town amenities. This particular property is ideally positioned near the front of the subdivision for easy entry and exit, while still providing approximately 4 acres of mixed, mature trees that create a peaceful, secluded atmosphere. Fedor Estates is appreciated for its large lots, custom homes, and relaxed country living, where residents enjoy space between neighbors, abundant wildlife, and a slower pace of life while remaining just a short drive from the heart of Lexington.
Property details
Location
About the Area
1016 Private Road 7040 None 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).
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