• 54 days on site
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This 70.83-acre tract in Lee County offers an exceptional opportunity for development or investment just outside Lexington. Ideally positioned along U.S. Highway 77, the property features extensive highway frontage, providing excellent visibility and convenient access. The land is thoughtfully laid out with a proposed subdivision of multiple tracts, ranging from approximately 1 to 3+ acres, along with several designated commercial parcels near the highway frontage. This flexible configuration makes it well-suited for a variety of uses, including residential development, mixed-use projects, or a phased investment strategy. Currently under agricultural exemption, the property benefits from reduced property taxes. Electricity is available nearby, and the site offers a blend of open pasture and wooded areas, adding both usability and natural appeal. With its strategic location, subdivision potential, and strong frontage along a major corridor, this property presents a rare opportunity to create a residential community, commercial development, or long-term land investment in a growing area of Central Texas.

Source: Austin MLS, MLS#: 8847215

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  • Property Type
    Commercial Sale
  • Lot
    70.83 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at TBD N US Hwy 77 Us-77 ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Austin MLS Added to Database
May 06, 2026
Listing provided courtesy of Garry Brown Real Estate- MLS# 8847215MLS Provider