Lexington, TX 78947 (Lee County)
About this property
Peaceful countryside of Lexington, this exceptional Texas ranch offers Southern charm, wide-open beauty, and incredible possibilities. At its heart is an approximately 3,300-square-foot, 4BR, 3 1/2 bath custom home built by Wyatt Ewald Custom Home. The all-electric residence is plumbed for gas and thoughtfully constructed with fully insulated interior walls and a fully insulated garage featuring pegboard walls for exceptional organization and workspace. An owner-owned water softener and reverse-osmosis system are also included, with internet and landline service available. The property is under an agricultural exemption, excluding the five-acre homestead. Two fenced, hay-producing pastures are ideal for baling or grazing, while the remaining ag-exempt acreage offers open pasture with room for horses, livestock, or recreation The property was originally serviced by a hand dug 40 ft. water well. Two water wells, drilled in 2011, now service the property. One services the home and fields, while another serves the pasture on the second portion of the property. Three picturesque stock ponds—including one that is spring-fed—enhance the land’s natural beauty and agricultural value. Additional improvements include 400-amp commercial electrical service to the home, 200-amp service to the third well, a 60-by-50-foot barn with a four-inch concrete slab and four doors, plus a second original barn with a dirt floor. Located in a growing Central Texas area within reach of Taylor, Bastrop, Austin, Round Rock, and Georgetown, this unrestricted property presents an extraordinary opportunity for a horse ranch, family estate, working farm, private retreat, event venue, or a resort-style destination. Whether you dream of preserving the land or creating something entirely your own, this remarkable Lexington ranch offers the space, infrastructure, and freedom to build a lasting Texas legacy. House and land near, Copeland, Tx, Near Coupland, Tx, Lexington, TX, Taylor, TX, Elgin, TX
Property details
Location
About the Area
2690 Cr 306 Rd 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 EXP REALTY.