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.
| MLS # | 2682643 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 47 |
| Listing Provided By | Don Quick & Associates, Inc. | Shelly Morgan |
| SQ Feet | 3,119 |
|---|---|
| Car Port | Yes |
| Building(s) | 7 |
| Zoning | No zoning |
| Acreage | 4.26 |
| Property View | Pasture, Rural, Trees, Woods |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central |
| Flooring | Carpet, Laminate |
| Foundation Details | Slab |
|---|---|
| Construction Materials | Hardi Plank Type, Masonry – Partial, Stone |
| Security Features | Closed Circuit Camera(s), Smoke Detector(s) |
| Parking Features | Additional Parking, Attached Carport, Carport, Circular Driveway, Covered, Door-Multi, Garage, Garage Faces Front, Guest, RV Access/Parking, Workshop in Garage |
|---|
| Utilities | Above Ground, Cable Available, Electricity Connected, Propane, Water Connected |
|---|---|
| Sewer | Septic Tank |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Lee |
| City | Lexington |
| Zip Code | 78947 |
| Area | LC |
| Community Name | Yes |
| Listing VS Median (in Yes) | |
Price: $1,305,000 low | high Med: $850,000 sqft: 3,119 low | high Med: 1,612 $ / sqft: $418 low | high Med: $527 On site: 47 low | high Med: 4 | |
| State | TX |
|---|---|
| County | Lee |
| City | Lexington |
| Zip Code | 78947 |
| Area | LC |
| Community Name | Yes |
| Listing VS Median (in Yes) | |
Price: $1,305,000 low | high Med: $850,000 sqft: 3,119 low | high Med: 1,612 $ / sqft: $418 low | high Med: $527 On site: 47 low | high Med: 4 | |