708 Bannon Ranch Rd Lexington, TX $ 4,615,482
708 Bannon Ranch Rd
$ 4,615,482
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708 Bannon Ranch Rd

Lexington, TX, 78947
$ 4,615,482
Baths0.0

Monthly Estimate*

$ 30,676

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Studio

Farms/Ranches for sale in Lexington, TX

for $4,615,482. The lot size is 393.

The Bannon Ranch is positioned in the central region of Lee County, Texas, enjoying a prime location between the bustling urban centers of Austin and Houston. The ranch showcases an exquisite landscape adorned with thriving mature hardwoods?and undulating topography. With its impressive road frontage, the property holds immense potential for future development or subdivision, making it an appealing prospect for investors. Presently, the ranch excels as an exceptional recreational property, offering a wide range of leisure activities. Notably, the land's favorable topographic characteristics render it ideal for constructing a substantial lake, enhancing its allure and possibilities even further. Conveniently, reliable electricity infrastructure is readily accessible along the new county road, thoughtfully situated on the eastern side of the property, ensuring a seamless power supply for all future needs.

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Farms/Ranches Active

Price

$ 4,615,482

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 26,347

Style

Ranch

Lot Size

393

Town/City

Lexington

County/Region

Lee

MLS | Web ID

3782575

Features
General
Utilities Electricity Available
View See Remarks
Property SubType Ranch
Tax Year 2023
Waterfront Features Creek Dry/Seasonal
County Lee
New Construction N
Property Type Farm
Subdivision Name N/A
Other Structures None
Status Active
Directions Accessible via CR405 the property has approximately 620 feet along CR405.
High School Lexington
City Lexington
Disclosures None
MLS Area LC
Lot Size Square Feet 17119080
Waterfront Y/N N
Street Name Bannon Ranch
Elementary School Lexington
Middle/Junior High School Lexington
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Fencing Barbed Wire
Lot Features See Remarks
Lot Size Acres 393
Road Surface Type PVD
Horse Y/N N
Horse Amenities None
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Interior
Street Suffix RD
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 708
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* Excluded Features
List By
J Bryan Pickens

Listing Agent

Republic Ranches, Llc

Broker

info@republicranches.com

Email

Affordability Calculator

$32,872
Per Month
93%
7%
0%
Monthly Principal & Interest
$30,676
Monthly Property Taxes
$2,196
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4360932 Elementary School
4360935 Middle School
Lexington High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2023$4,615,482 Listed Price

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708 Bannon Ranch Rd, Lexington, TX, 78947 is a Farms/Ranches for sale at $4,615,482 with a lot size of 393. 708 Bannon Ranch Rd is a studio with 0.0 baths. The property's zip code is 78947 which is in Lexington, TX