1115 County Road 405 RD, Lexington TX 78947

Lexington, TX 78947 | A289 Shaw, J.

Off Market

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Ed's Opinion of Value

$135,616 Ed's Estimate: $291,757 $550,000

Lowest Comp Recommended List: $286,000 to $298,000 Highest Comp

Listing History

$180,000 List Price

$296,414 Comp Value

1 Price Reductions

This property was listed at $180,000 and expired after 125 days on market. The price was reduced from $185,000 to $180,000. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $291,757. For a well positioned listing in 78947, I'd target the $286,000 to $298,000 range. With 7 comparable homes on the market in 78947, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (618 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.19 acres, the lot is larger than the 0.99 acre comp average, which factors into pricing. 7 comparable transactions in 78947 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78947 Market Trends

$368,000 Median Sold Price ▲ 15% 6mo

$176/sqft Median $/SqFt ▼ 18% 6mo

83 days Avg Days on Market 13 days slower

25 homes Active Inventory 12.5 mo supply

93.8% Sale-to-List Ratio

12 Sales (6 months)

Recently Sold Comparables

$135,616 adjusted 321 Douglas ST, Lexington TX 78947 4bd / 2.0ba • 2,386 sqft • 0.4 mi Sold 11 months ago

$327,709 adjusted 920 Cherry ST, Lexington TX 78947 2bd / 2.0ba • 1,216 sqft • 0.7 mi Sold 11 months ago

$408,800 adjusted 221 Hester ST, Lexington TX 78947 3bd / 2.0ba • 1,452 sqft • 0.5 mi Sold 2 months ago

$281,295 adjusted 617 Caldwell ST, Lexington TX 78947 3bd / 2.0ba • 1,344 sqft • 1.1 mi Sold 3 months ago

$356,381 adjusted 5999 County Road 326, Lexington TX 78947 3bd / 2.0ba • 1,680 sqft • 0.6 mi Sold 12 months ago

Currently on Market

$275,000 845 Caldwell ST, Lexington TX 78947 4bd / 2.0ba • 1,960 sqft • 1.3 mi 449 days on market

$550,000 7338 FM 1624, Lexington TX 78947 3bd / 2.0ba • 2,088 sqft • 2.1 mi 467 days on market

$199,999 204 N Rockdale ST, Lexington TX 78947 3bd / 2.0ba • 1,953 sqft • 0.7 mi 45 days on market

4 Beds

2 Baths 2 Full

2,128 Sq Ft

2.187 Acres

1996 Built

About This Property

Come see this 4-2 home on 2+ acres. The pasture and barn would be great for horses, and other livestock.

Features

Kitchen Island
Primary Bedroom on Main

Location

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Schools

School District Lexington ISD

Elementary Lexington

Middle School Lexington

High School Lexington

Property Details

Property Type Residential

Flooring See Remarks, Carpet

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Heating See Remarks

Exterior Exterior Steps, Private Entrance, Private Yard

County Lee

MLS # 2052260

Tax Information

Annual Taxes (MLS) $640 (2024)

Listing History

MLS# 2052260 125 days

Sep 30, 2025	Off Market
Apr 18, 2025	Price Change	$180,000
Mar 31, 2025	Listed	$195,000

Frequently Asked Questions About 1115 County Road 405 RD, Lexington TX 78947

When was 1115 County Road 405 RD, Lexington TX 78947 built?

1115 County Road 405 RD, Lexington TX 78947 was built in 1996.

How much does 1115 County Road 405 RD, Lexington TX 78947 cost?

1115 County Road 405 RD, Lexington TX 78947 is currently off market.

Similar Properties

$192,500 908 Yegua DR, Lexington TX 78947 4 bd | 2 ba

$199,999 204 N Rockdale ST, Lexington TX 78947 3 bd | 2 ba

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