1183 Private Road 7037, Lexington TX 78947

Lexington, TX 78947 | Fedor Estates

Ed's Opinion of Value

$298,283 Ed's Estimate: $453,884 $749,000
Lowest Comp Recommended List: $565,000 to $566,000 Highest Comp
Based on 7 closed sales in 78947, the data points to a value around $453,884 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $565,000 to $566,000. Relative to what's currently available in 78947, this home would be the most affordable of 2 comparable homes on the market. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 2.50 acres versus 8.06 for the typical comp. With 2 similar homes currently listed in 78947 (a buyer's market), competition is a factor to consider. Market data shows 78947 prices risen 29.5% over the last half year. The closest comparable sale, 1032 Private Road 7039, Lexington TX 78947 at an adjusted $417,165, is a strong comparable. The strength of this estimate comes from 7 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
2 Baths 2 Full
1,834 Sq Ft
2.498 Acres
2001 Built
2 Garage

About This Property

Nestled in the gated community of Fedor Estates, the residence at 1183 Private Road 7037 in Lexington, TX offers a
blend of luxury and natural beauty. Spread across 2.5 acres, this home, measuring 1,834 sq. ft., boasts an elegant
façade framed by dense woods that ensure privacy and seclusion.
Upon arrival, a circular drive welcomes you, leading
to a stone walkway, guiding visitors to the main entrance. Inside, the home unveils an open-concept design,
complemented by wood floors, punctuated by areas of tile and carpeting. With three spacious bedrooms and two wellappointed
bathrooms, this house ensures both comfort and style.
One of its most notable features is the living room,
presenting a panoramic view of a neighboring pond and expansive pasture – a scene that promises countless moments
of reflection and relaxation. Adding to its charm and functionality, the property has been freshly painted, both inside
and out, with all deferred maintenance addressed.
For those seeking additional space, an external shed with an
attached porch awaits, versatile enough to be transformed into a workshop, studio, or any space tailored to one's
needs. While the residence does require some finishing touches, its foundation and features offer an excellent canvas

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Laminate Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Linoleum, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric, Heat Pump
Exterior Private Yard
County Lee
MLS # 8165401
Garage 2 spaces

HOA & Community

HOA Fee $300 /Annually
HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $7,117 (2022)

Listing History

MLS# 8165401 11 days (83 CDOM)
Jan 8, 2024 Off Market
Dec 1, 2023 Listed $355,000

Frequently Asked Questions About 1183 Private Road 7037, Lexington TX 78947

When was 1183 Private Road 7037, Lexington TX 78947 built?

1183 Private Road 7037, Lexington TX 78947 was built in 2001.

How much does 1183 Private Road 7037, Lexington TX 78947 cost?

1183 Private Road 7037, Lexington TX 78947 sold on January 8, 2024. Contact us for sale price details.

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