1002 Private Road 7040, Lexington TX 78947

Lexington, TX 78947 | Fedor Estates | Built by Blasig Builders

Ed's Opinion of Value

$411,582 Ed's Estimate: $539,049 $705,000
Lowest Comp Recommended List: $616,000 to $725,000 Highest Comp
Taking into account 3 nearby comparable sales, this property's estimated value comes to $539,049. If we were to list this property today, I'd recommend a list price in the $616,000 to $725,000 range. Buyers shopping in 78947 right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (468 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (8 years newer than comps) is factored into the value estimate. Buyers in 78947 have 3 comparable options right now, with asking prices between $474,000 and $705,000. The 6 month price trend in 78947: fallen 21.7%. The best comp here is 1308 Sherrill LN, Lexington TX 78947 at an adjusted value of $552,866, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78947. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,930 Sq Ft
2.032 Acres
2017 Built
2 Garage

About This Property

Impeccably kept, 1,930 sqft. - 3/2.5 home on two acres in the gated community of Fedor Estates, offering all of the perks of a HOA while living in the country and in one of the prettiest areas in the county! Tucked away from the road, this cozy cottage-style home with a wrap-around front porch features a huge lot with lots of outdoor living and entertaining spaces and plenty of big trees in both the front and back yards for great shade. An open-concept Kitchen, Living and Dining maximize the indoor living spaces with floor to ceiling windows in the Living that offer great views of a big backyard and a covered patio that were intentionally designed to expand your indoor/outdoor living. A spacious Primary Bedroom also features a wall of windows looking out onto the back yard and scenic pastures beyond, tall ceilings, His/Hers walk-in closets with loads of storage and an Ensuite Bath with separate, walk-in tiled shower, private water closet and a gorgeous claw-foot tub for long soaks! Two Guest Bedrooms, each with walk-in closets and a shared bath, an open Office, Laundry Room, Guest Half Bath off of the kitchen and an attached double car garage complete this well-thought out floor plan that's move-in ready for new owners!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • High Speed Internet
  • Kitchen Island
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup
  • See Remarks

Location

Schools

School District Lexington ISD
Elementary Lexington
Middle School Lexington
High School Lexington

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s), Propane
Exterior Exterior Steps
County Lee
MLS # 3704937

Parking

Garage 2 spaces

HOA & Community

HOA Fee $300 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $6,154 (2023)

Listing History

MLS# 3704937 134 days (317 CDOM)
Jul 16, 2025 Off Market
May 6, 2025 Price Change $565,000
Mar 4, 2025 Listed $599,000

Frequently Asked Questions About 1002 Private Road 7040, Lexington TX 78947

When was 1002 Private Road 7040, Lexington TX 78947 built?

1002 Private Road 7040, Lexington TX 78947 was built in 2017.

How much does 1002 Private Road 7040, Lexington TX 78947 cost?

1002 Private Road 7040, Lexington TX 78947 sold on July 16, 2025. Contact us for sale price details.

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