3087 County Road 320, Lexington TX 78947

0 Beds

Baths

40 Acres

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 Highlights

View Pasture, Pond, Trees/Woods

Location

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Schools

School District Lexington ISD

Elementary Lexington

Middle School Lexington

High School Lexington

Property Details

Property Type Farm

County Lee

MLS # 5385834

Lot, Outdoor & Utilities

Lot Features Cleared, Level, Native Plants, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)

Fencing Barbed Wire, Partial, Perimeter

Utilities Electricity Available, Water Available

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Tax Information

Annual Taxes (MLS) $53 (2026)

Assessed Value $853,340

Exemptions Agricultural

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, Owner May Carry

Sale Type Standard

Listing History

MLS# 5385834 - Updated Oct 16, 2026 727 CDOM

Sep 21, 2026

Listed

Listing Courtesy of Ultima Real Estate - milamchance@​yahoo.com

$595,000

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Frequently Asked Questions About 3087 County Road 320, Lexington TX 78947

How much does 3087 County Road 320, Lexington TX 78947 cost?

3087 County Road 320, Lexington TX 78947 is listed for sale at $595,000.

What school district is 3087 County Road 320, Lexington TX 78947 in?

3087 County Road 320, Lexington TX 78947 is in the Lexington ISD school district. Assigned schools include Lexington (elementary), Lexington (middle), Lexington (high school).

What are the property taxes on 3087 County Road 320, Lexington TX 78947?

The annual property taxes on 3087 County Road 320, Lexington TX 78947 are $53 (as of 2026). The tax assessed value is $853,340.

How big is the lot at 3087 County Road 320, Lexington TX 78947?

The lot at 3087 County Road 320, Lexington TX 78947 is 40 acres.

What type of property is 3087 County Road 320, Lexington TX 78947?

3087 County Road 320, Lexington TX 78947 is a farm property.

What subdivision is 3087 County Road 320, Lexington TX 78947 in?

3087 County Road 320, Lexington TX 78947 is located in the A079 Cook subdivision in Lexington, TX.

What financing does the seller of 3087 County Road 320, Lexington TX 78947 accept?

The listing says the seller accepts cash, conventional, owner may carry financing.

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