Lexington, TX 78947 (Lee County)
About this property
Discover 2.014 acres of opportunity in a prime Texas location. This 2-bedroom, 1-bath home is fully livable as-is, with plenty of room for modern updates to make it your own. The property’s versatile layout and location make it an excellent candidate for a commercial venture, guest house, or even a cozy bed-and-breakfast—an investment that can help pay for itself. Cross the dry-weather creek toward the back of the acreage and you’ll find a beautiful clearing, ideal for a new build or expansion. Whether you’re dreaming of additional living space, a new main home, or a workshop, the land offers room to grow. With a motivated seller ready to close (title commitment and survey are complete), this is a rare chance to secure acreage, flexibility, and income-producing potential all in one.
Property details
Location
About the Area
9278 N Highway 77 Hwy 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 Fathom Realty.