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ActiveMLS #3888139

1122 County Road 344 RD, Lexington TX 78947

Lexington, TX 78947 · Gaines Bailey Surv Abs #38

Single Family Residence for sale in Gaines Bailey Surv Abs #38

3Bedrooms
2Bathrooms
1,650Square Ft
12.93Acres
0Garage
2018Year Built
Price Reduced
1 / 35
$675,000$725,000
3D tour

Overview

Property Description

Welcome to your private sanctuary nestled in the heart of nature. This immaculate three bedroom, two bathroom home is situated on a sprawling 12.93 acres of picturesque wooded land, offering an opportunity for peaceful country living and wildlife. Step inside this beautiful home, where natural light floods the entire home, creating an inviting and warm atmosphere. The heart of the home is the stylish kitchen with generous counter space, a cozy dining area and the spacious layout is perfect for family gatherings or entertaining friends. While all three bedrooms have blackout cellular shades, have peace of mind your guests can sleep any time of the day. The expansive fenced backyard is a safe haven for children and pets to play freely. Enjoy the covered front and back porches for your morning coffee while watching the deer graze nearby! The property features a charming cabin perfect for a home office or visiting guests. The wildlife exemption is a bonus to lowering your taxes!

Financial Info
Price
$675,000
$ / Sqft
$409
HOA
None
Tax Rate
1.4269%
Est. Taxes
$8,827.08
Tax Year
2025
Exemptions
Homestead, Wildlife
Legal Info
Address
1122 County Road 344 RD
County
Lee
City
Lexington
State
TX
Zip
78947
Subdivision
Gaines Bailey Surv Abs #38
Legal Description
A038 BAILEY, G., TRACT 009E1, ACRES 12.93
Parcel
59510
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Kitchen
Granite Counters, Eat-in Kitchen, Pantry
Appliances
Dishwasher, Gas Cooktop, Gas Oven, Electric Water Heater
Laundry
Inside, Laundry Room, Main Level
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Eat-in Kitchen, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Washer Hookup, Smoke Detector(s), Blinds
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2018 / Resale
Square Feet
1,650 / Builder
Garage Desc
Detached
Foundation
Slab
Roof
Metal
Construction
HardiPlank Type, Spray Foam Insulation
Acres
12.93
Lot Description
Back Yard, Farm, Interior Lot, Trees-Heavy, Trees-Large (Over 40 Ft)
Restrictions
None
Flood Plain
No
View
Pasture, Rural, Trees/Woods
Water Access
No
Waterfront
No
Area
LC
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Above Ground, Cable Available, Electricity Connected, Propane, Sewer Connected, Water Connected
Heat
Central, Electric
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard, Barbed Wire, Chain Link
Exterior Features
Gutters Full, Lighting, No Exterior Steps, Covered, Front Porch, Rear Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$50,000 (−6.9%)
$725,000 → $675,000
7
Price reductions
Active
Since Jul 13, 2025
Price trend
List priceJul 2025Sep 2026
Property history10 events
DateEventPriceChange
Sep 1, 2026Price Decrease$675,000−$10,000 (−1.5%)
Jul 25, 2026Price Decrease$685,000−$4,000 (−0.6%)
Jun 11, 2026Price Decrease$689,000−$10,000 (−1.4%)
May 21, 2026Price Decrease$699,000−$6,000 (−0.9%)
Apr 28, 2026Back On Market
Mar 30, 2026Hold
Feb 23, 2026Price Decrease$705,000−$5,000 (−0.7%)
Oct 30, 2025Price Decrease$710,000−$10,000 (−1.4%)
Sep 9, 2025Price Decrease$720,000−$5,000 (−0.7%)
Jul 13, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Lexington ISD
Elementary
Lexington
Middle
Lexington
High
Lexington

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $675,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$4,712 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,712

Principal & interest
$3,413
Property taxes
$736
Homeowners insurance
$563

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$540,000$6,036$34,922$533,964
2$533,964$6,440$34,518$527,524
3$527,524$6,871$34,087$520,653
4$520,653$7,331$33,627$513,322
5$513,322$7,822$33,136$505,499
6$505,499$8,346$32,612$497,153
7$497,153$8,905$32,053$488,248
8$488,248$9,502$31,456$478,746
9$478,746$10,138$30,820$468,608
10$468,608$10,817$30,141$457,791
  • Year 1$533,964
    Principal paid
    $6,036
    Interest paid
    $34,922
    Starting balance
    $540,000
  • Year 2$527,524
    Principal paid
    $6,440
    Interest paid
    $34,518
    Starting balance
    $533,964
  • Year 3$520,653
    Principal paid
    $6,871
    Interest paid
    $34,087
    Starting balance
    $527,524
  • Year 4$513,322
    Principal paid
    $7,331
    Interest paid
    $33,627
    Starting balance
    $520,653
  • Year 5$505,499
    Principal paid
    $7,822
    Interest paid
    $33,136
    Starting balance
    $513,322
  • Year 6$497,153
    Principal paid
    $8,346
    Interest paid
    $32,612
    Starting balance
    $505,499
  • Year 7$488,248
    Principal paid
    $8,905
    Interest paid
    $32,053
    Starting balance
    $497,153
  • Year 8$478,746
    Principal paid
    $9,502
    Interest paid
    $31,456
    Starting balance
    $488,248
  • Year 9$468,608
    Principal paid
    $10,138
    Interest paid
    $30,820
    Starting balance
    $478,746
  • Year 10$457,791
    Principal paid
    $10,817
    Interest paid
    $30,141
    Starting balance
    $468,608
First 10 of 30 years

Courtesy of Schultz Texas Properties, LLC · (979) 530-7088

Listings courtesy of ACTRIS as distributed by MLS GRID.