Tanglewood 140 Lee County

$1,499,999
New Listing

Property Details

ID: 116988
Status: New Listing
Price: $1,499,999
Acres: 140
Price Per Acre: $10,714
Address: 1019 CR 438 LEXINGTON
City, State: Lexington, Texas
County: Lee
Zip Code: 78947
Presented By: Jake Parrish

Description

Discover the natural beauty and investment potential of this appealing 140+/- acres in northern Lee County, TX. Whether you're seeking an outlet to park your cash in an area primed for growth, land for ranching/hunting, or an opportunity to develop a dream estate, this unique property offers a wealth of options and untapped potential.

Property Highlights

| Size & Access |

140 acres of gently rolling land lying within the post oak savannah region with elevations between 410 and 460 feet. There is approx. 960+/- ft of U.S. HWY 77 frontage.

| Location |

Just a short drive to Rockdale and Lexington, both of which being the most immediate populated towns with daily essentials. With Taylor and the new Samsung plant located 40 miles away, Austin being less than 60 miles west, and College Station to the east at under 60 miles.

| Utilities |

Southwest Milam Water and Bluebonnet Electric are on site.

| School District |

Lexington ISD

| Taxes |

Low yearly taxes with AG 1-D-1 in place. (Estimated $365)

| Topography |

Varied landscape with open pastures, wooded areas, and thick clutters of native vegetation that all together create a serene and picturesque setting.

| Water Features |

There are 2 stock tanks on the property. One of which ranges from .5+/- acres to 6+/- acres in size depending on the amount of rainfall throughout the year. There are also two wet-weathered creeks that run on the east side of the property, measuring out to approximately 3,500 ft in length combined.

| Wildlife |

Whitetail, turkey, dove, feral hogs, making it a perfect spot for hunting, recreational activities, or creating a private nature sanctuary.

| Ideal for Recreation or Development |

This property is unrestricted and ready for your vision. The acreage allows for versatile land use—whether you're considering agricultural, equestrian, or development, the options are endless. The natural beauty of the land offers potential for custom home sites, trails, or a private hunting retreat.

| Investment Opportunity |

The property is strategically located within the Texas Triangle, one of the nation's fastest-growing mega-regions. The Texas Triangle is a geographic area connecting Austin, Dallas-Fort Worth, Houston, and San Antonio. Representing the economic heart of Texas, encompassing a diverse and thriving population and accounting for a substantial portion of the state’s economic activity. Its central location within the Texas Triangle not only increases its value but also positions it for future appreciation as growth continues throughout the region.

This 140-acre piece of land also benefits from its proximity (less than 10 miles) to the proposed Advanced Manufacturing and Logistics Campus at the former Alcoa aluminum plant site, bringing a unique advantage for future appreciation and development potential. In addition to offering serene rural living, this land sits poised to benefit from the economic momentum sparked by this major local transformation if in fact the proposed plans are put into action

Jake Parrish
Jake Parrish
Land & Ranch Agent

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