$1,305,000
( $418.40Per Sq Foot )
 $7,006 est/mo Sourced by Back At You

1474 County Road B None,Lexington, TX 78947

Lexington, TX 78947

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Description

Deep in the heart of Blue, Texas, this strategically located 4.2-acre property offers a versatile opportunity approximately one hour from Austin, 30 minutes to Taylor and Bastrop, and 15 minutes to Elgin. The site is well-suited for a range of uses including short-term rental operations, private events, or a boutique venue concept. The property is improved with a 3,119 SF main residence (3 bed / 3 bath) and two detached guest accommodations, all thoughtfully positioned within a landscaped setting featuring mature grounds, butterfly gardens, and a maintained lawn surrounding a saltwater sports pool. A dedicated outdoor entertainment area includes a stage and dance floor, creating built-in infrastructure for live music, private events, or group gatherings. The main residence features wraparound porches, an outdoor kitchen and dining area, hot tub, and an open-concept interior oriented toward the pool and outdoor space. The primary suite includes a custom marble bath, while additional living space has been created via a converted upper level with bonus room, bedrooms, and bath with separate exterior accessideal for guest privacy or flexible occupancy. Two guest houses provide additional revenue or hosting capability. The first (approx. 680 SF) includes a loft, kitchenette, full bath, fireplace, and flexible sleeping capacity, with room for expansion. The second (approx. 420 SF) offers a more private setting with kitchenette, full bath, and a dedicated deck area. With existing use as an income-producing Airbnb and infrastructure in place for events or gatherings, the property presents a compelling opportunity for investors or owner-operators seeking a turnkey hospitality, retreat, or event-driven asset in a high-growth Central Texas corridor.

Details

MLS #2682643
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2011
Days On Site47
Listing Provided ByDon Quick & Associates, Inc. | Shelly Morgan

Features

SQ Feet3,119
Car PortYes
Building(s)7
ZoningNo zoning
Acreage4.26
Property ViewPasture, Rural, Trees, Woods

Interior

CoolingCeiling Fan(s), Central Air
HeatingCentral
FlooringCarpet, Laminate

Exterior

Foundation DetailsSlab
Construction MaterialsHardi Plank Type, Masonry – Partial, Stone
Security FeaturesClosed Circuit Camera(s), Smoke Detector(s)

Parking

Parking FeaturesAdditional Parking, Attached Carport, Carport, Circular Driveway, Covered, Door-Multi, Garage, Garage Faces Front, Guest, RV Access/Parking, Workshop in Garage

Utilities

UtilitiesAbove Ground, Cable Available, Electricity Connected, Propane, Water Connected
SewerSeptic Tank

Other

List AorAustin Board Of Realtors

Area Information

StateTX
CountyLee
CityLexington
Zip Code78947
AreaLC
Community NameYes
Listing VS Median (in Yes)
Price:
$1,305,000
low | high
Med:
$850,000
84.865900383142% of Average
sqft:
3,119
low | high
Med:
1,612
98.316768194934% of Average
$ / sqft:
$418
low | high
Med:
$527
23.974406510558% of Average
On site:
47
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 78947

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 25, 2026 at 3:44:11 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyLee
CityLexington
Zip Code78947
AreaLC
Community NameYes
Listing VS Median (in Yes)
Price:
$1,305,000
low | high
Med:
$850,000
84.865900383142% of Average
sqft:
3,119
low | high
Med:
1,612
98.316768194934% of Average
$ / sqft:
$418
low | high
Med:
$527
23.974406510558% of Average
On site:
47
low | high
Med:
4
100% of Average
Sourced by Back At You
Listing Updated: July 22, 2026 at 8:13:03 PM PDT