Lexington, TX 78947 (Lee County)
About this property
This expansive property offers a rare opportunity to own a substantial tract of Central Texas acreage with plenty of room to bring your vision to life. Whether you’re looking to build your dream home, establish a small ranch, run livestock, enjoy recreational use, or simply invest in land, this property offers the space and flexibility you’re looking for. Having an established ag exemption is an attractive benefit for buyers looking to keep property taxes lower while enjoying the advantages of rural acreage. With 40 acres to work with, there’s plenty of room for a homesite, livestock, barns, gardens, recreational areas, or a private country retreat Located near Lexington this property provides the peaceful atmosphere of the country while remaining within reach of nearby communities and amenities.
Property details
Location
About the Area
3087 County Road 320 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).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Ultima Real Estate.