3424 W Fm 696, Lexington TX 78947

Lexington, TX 78947 | Donahoo

Ed's Opinion of Value

$479,351 Ed's Estimate: $718,525 $966,214
Lowest Comp Recommended List: $697,000 to $740,000 Highest Comp
The market data from 4 similar recent sales in 78947 points to a value of approximately $718,525. To sell within a reasonable timeframe at fair market value, the $697,000 to $740,000 range is where I'd position this. Among the similar homes currently available in 78947, this price point stands out as competitive. The larger floor plan (3,271 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2021 construction puts this home 14 years newer than the comp average, a factor in the pricing. In 78947, home values have fallen approximately 0.8% over the past 6 months. One of the strongest data points is 1411 County Road B, Lexington TX 78947, adjusting to $739,294; with a smaller floor plan. 4 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
2 Beds
3 Baths 3 Full
5,000 Sq Ft
11.841 Acres
2021 Built
10 Garage

About This Property

Spectacular property on 11.5+ acres, just 45 minutes from Austin, 30 minutes to Taylor, and an hour from College Station. Barndominium was built in 2021, outfitted with 7200 sq ft of concrete flatwork, and no expenses spared upon construction. Easily accessible from FM 696, the electric gate opens to land & endless opportunity. Be greeted by the covered wrap around porch and enter through the craftsman door into an open and modern farmhouse with 12 foot ceilings throughout, 14 ft tray ceiling in the living room, custom finishes and 2,000 sq ft of comfortable high end living. The kitchen boasts custom cabinetry, matte black Cafe appliances (fridge conveys), built-in coffee or wine bar with wine fridge and an oversized island. The open living area showcases ample room for seating, built-in shelving, designer ceiling fan & fireplace with a mantle made from repurposed wood from an old railcar. The primary owner’s suite has its own separate entrance onto your covered patio, a separate office space & ensuite bathroom with double closets. The farmhouse style bathroom showcases separate vanities, a spacious garden tub with chandelier & separate shower. What makes this property truly unique is the 3,000 sq ft finished out shop, accessible from the interior of the house or through the 22 x 18 single door garage, outfitted w/ a commercial grade Jackshift door opener. Inside this monstrous workspace, there’s ample room for multiple vehicles or commercial work, while the bar, separate bathroom and sitting area make work or hobby potentials endless. The property also includes a matching storage shed, outfitted with 50 amp service for travel trailers, power and running water, as well as an existing 2 stall horse stable with separate tack room & recently purchased Kioti CK3510 tractor. Ideal for getting out of the city without traveling too far, enjoying your own privacy, or partaking in unbridled land ownership, this property offers endless opportunities in truly turnkey fashion.

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Wet Bar

Location

Schools

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

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Natural Gas
Exterior Lighting, No Exterior Steps, Private Yard
County Lee
MLS # 8488610
Garage 10 spaces

Listing History

MLS# 8488610 45 days
May 11, 2022 Off Market
Mar 21, 2022 Price Change $850,000
Mar 11, 2022 Listed $900,000

Frequently Asked Questions About 3424 W Fm 696, Lexington TX 78947

When was 3424 W Fm 696, Lexington TX 78947 built?

3424 W Fm 696, Lexington TX 78947 was built in 2021.

How much does 3424 W Fm 696, Lexington TX 78947 cost?

3424 W Fm 696, Lexington TX 78947 sold on May 11, 2022. Contact us for sale price details.

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