Description
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.
Property Details
| Status | Active |
| MLS # | ACT229056972 |
| Taxes | $99 (2024) / year |
| Type | Commercial Sale |
| Year Built | 1950 |
| Living Area | 35,548 Sq. Ft. |
| Lot Size | 70.83 AC / 3,085,354 SF |
| County | Lee |
| Subdivision | Shaw J |
Property Information
Parking
Utilities & Construction
Directions: Start out going south on N Highway 77/US-77 S toward 5th St., go .79 property will be on left side. GBRE sign
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 18, 2026 | Listed (Active) · MLS# ACT229056972 | $2,124,900 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 35,548 |
| Lot Size | 3,085,354 Sq. Ft. |
| Style | Commercial Sale |
| County | LEE |
| MLS # | ACT229056972 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.