1401 Fm 112, Lexington TX 78947

Lexington, TX 78947 | none

Ed's Opinion of Value

$148,200 Ed's Estimate: $450,243 $550,000
Lowest Comp Recommended List: $441,000 to $459,000 Highest Comp

Listing History

$590,000 List Price
$278,738 Comp Value
1 Price Reductions

This property was listed at $590,000 and withdrawn after 356 days on market. The price was reduced from $625,000 to $599,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in 78947 points to a value of approximately $450,243. To sell within a reasonable timeframe at fair market value, the $441,000 to $459,000 range is where I'd position this. In the current 78947 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 853 sqft size difference versus comparable sales is reflected in the adjusted values. The 1958 construction puts this home 22 years older than the comp average, a factor in the 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
3 Beds
2 Baths 2 Full
2,246 Sq Ft
3.09 Acres
1958 Built

About This Property

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Discover this beautifully remodeled 3/2 Stone home nestled on over 3 acres in a prime location just outside the city limits. Enjoy a spacious open floor plan that seamlessly connects living areas, creating an inviting atmosphere perfect for entertaining and everyday living. The living room invites relaxation and gatherings beneath a beamed ceiling, enhanced by elegant crown molding that adds a touch of sophistication to the space. The kitchen is a culinary dream, featuring shaker cabinets complemented by crown molding, a backsplash that adds visual interest, and a large kitchen island that provides ample space for meal preparation and casual dining, along with a convenient kitchen bar. Retreat to the primary bedroom where a wood wall creates a warm and inviting atmosphere, further enhanced by the refined touch of crown molding. The bathroom offers a rejuvenating experience with its tiled walk-in shower, designed for both style and functionality. This single-story home also features an open floor plan, a large laundry room for added convenience, and a location within a rural area, providing a peaceful retreat from the hustle of city life. The property is ideal for hobbyists and those seeking a touch of rural charm, this property is fenced and cross-fenced, ensuring safety and security for your animals. The expansive workshop includes a full bathroom, making it an excellent space for tackling projects and allowing you to freshen up before heading inside. Additionally, the home features an attached two-car carport and a chain-link fenced backyard, offering convenience and peace of mind. The cross-fenced area also includes a small pole barn, perfect for housing smaller animals. This property truly combines comfort, functionality, and the beauty of nature.

Property Highlights

View Pasture

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Tile Counters
  • Crown Molding
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Construction Stone
Roof Metal
Foundation Pillar/Post/Pier
Levels One
Flooring Carpet, Tile, Vinyl
Cooling Ceiling Fan(s), Central Air
Heating Central, Forced Air
Exterior Private Yard
County Lee
MLS # 4901194
Parking 10 spaces: Aggregate, Carport
Windows Double Pane Windows, Insulated Windows

Lot, Outdoor & Utilities

Lot Features Agricultural, Back Yard, Trees-Medium (20 Ft - 40 Ft)
Patio & Porch Covered, Deck, Front Porch, Patio, Porch
Fencing Back Yard, Chain Link, Cross Fenced, Fenced, Gate, Livestock, Wire
Other Structures Outbuilding, Workshop
Water Public
Sewer Aerobic Septic
Utilities Electricity Connected, Water Connected

HOA & Community

Community Features None

Tax Information

Annual Taxes (MLS) $3,970 (2024)
Assessed Value $278,252
Exemptions Homestead

Listing History

MLS# 4901194 356 days (540 CDOM)
Sep 20, 2026 Off Market
Mar 19, 2026 Price Change $590,000
Sep 29, 2025 Listed $625,000

Frequently Asked Questions About 1401 Fm 112, Lexington TX 78947

When was 1401 Fm 112, Lexington TX 78947 built?

1401 Fm 112, Lexington TX 78947 was built in 1958. It is stone construction with 2,246 square feet on a 3.09 acre lot.

How much does 1401 Fm 112, Lexington TX 78947 cost?

1401 Fm 112, Lexington TX 78947 is currently off market.

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