1281 Private Road 7037, Lexington TX 78947
Lexington, TX 78947 · Fedor Estates Sec 3
Single Family Residence for sale in Fedor Estates Sec 3
Overview
Property Description
Set on 10.65 picturesque acres, this fully fenced property in a gated community offers the space, privacy, and flexibility that's hard to find. Surrounded by undeveloped farmland, the setting is exceptionally private and quiet. A long drive leads to a charming home with a welcoming front porch. The expansive land is usable and well laid out, offering endless opportunities to create your ideal lifestyle. Inside, the 3-bedroom, 2.5-bath home features a bright and open layout designed for both everyday living and entertaining. The spacious living area showcases high ceilings, a fireplace, and abundant natural light, seamlessly connecting to the dining space and kitchen. The kitchen is well-equipped with generous cabinetry, ample counter space, and a functional layout centered around a large island, keeping everything within reach while remaining open to the main living areas. The primary suite offers a comfortable retreat with a large bedroom and an ensuite bath complete with dual vanities, a garden tub, and a separate walk-in shower, along with a walk-in closet. The secondary bedrooms are well-sized and versatile, ideal for guests, family, or a home office. Throughout the home, thoughtful architectural details like arched openings and recessed niches add character and warmth. Step outside to enjoy a covered patio with a ceiling fan overlooking the in-ground pool, perfect for relaxing or hosting gatherings while taking in the scenic 10.65-acre views. A detached carport is conveniently located to the side of the home, and a 16x24 storage shed with an electrical pole provides additional functionality for equipment, hobbies, or workspace needs. The property also offers ample space for additional parking and outdoor use. Conveniently located with access to major employment hubs, including SpaceX in Bastrop and Samsung in Taylor, this 10.65-acre retreat delivers both comfort and opportunity while maintaining a peaceful, rural lifestyle.
Financial Info
- Price
- $699,900
- $ / Sqft
- $242
- HOA
- Yes - Mandatory / $35 / Monthly
- HOA Name
- Fedor Estates
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 1.3616%
- Est. Taxes
- $7,542
- Tax Year
- 2025
- Exemptions
- Homestead
Legal Info
- Address
- 1281 Private Road 7037
- County
- Lee
- City
- Lexington
- State
- TX
- Zip
- 78947
- Subdivision
- Fedor Estates Sec 3
- Legal Description
- FEDOR ESTATES SECTION 3, LOT 1 THRU 3, ACRES 10.65
- Parcel
- 57443
Interior Features
- Floor
- Carpet, Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry
- Appliances
- Dishwasher, Electric Cooktop, Microwave, Electric Oven, Refrigerator, Electric Water Heater
- Laundry
- Laundry Room, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Living Room, Wood Burning
- Interior Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s), Smoke Detector(s), Blinds
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2004 / Resale
- Square Feet
- 2,887 / Public Records
- Garages
- 2
- Garage Desc
- Additional Parking, Detached Carport, Garage, Garage Door Opener
- Foundation
- Slab
- Roof
- Composition, Shingle
- Construction
- Brick, Cement Siding
- Acres
- 10.65
- Lot Description
- Cleared
- Restrictions
- None
- Flood Plain
- No
- View
- Hill Country
- Water Access
- No
- Waterfront
- No
- Area
- LC
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Water Connected
- Heat
- Central, Electric, Fireplace(s)
- A C
- Central Air, Electric
Exterior Features
- Fence
- Full, Wire
- Exterior Features
- Gutters Full, Private Yard, Covered, Deck, Front Porch, Patio
- Pool On Property
- Yes
- Area Amenities
- Gated
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 14, 2026 | Price Decrease | $699,900−$50,000 (−6.7%) | −$50,000 (−6.7%) |
| Jun 5, 2026 | Price Decrease | $749,900−$45,100 (−5.7%) | −$45,100 (−5.7%) |
| Mar 30, 2026 | New Listing | — |
Taxes
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
Estimated monthly payment
$4,751 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $4,751
- Principal & interest
- $3,539
- Property taxes
- $629
- Homeowners insurance
- $583
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $559,920 | $6,258 | $36,211 | $553,662 | |
| 2 | $553,662 | $6,678 | $35,791 | $546,984 | |
| 3 | $546,984 | $7,125 | $35,344 | $539,859 | |
| 4 | $539,859 | $7,602 | $34,867 | $532,258 | |
| 5 | $532,258 | $8,111 | $34,358 | $524,147 | |
| 6 | $524,147 | $8,654 | $33,815 | $515,492 | |
| 7 | $515,492 | $9,234 | $33,235 | $506,259 | |
| 8 | $506,259 | $9,852 | $32,617 | $496,406 | |
| 9 | $496,406 | $10,512 | $31,957 | $485,894 | |
| 10 | $485,894 | $11,216 | $31,253 | $474,678 |
- Year 1$553,662
- Principal paid
- $6,258
- Interest paid
- $36,211
- Starting balance
- $559,920
- Year 2$546,984
- Principal paid
- $6,678
- Interest paid
- $35,791
- Starting balance
- $553,662
- Year 3$539,859
- Principal paid
- $7,125
- Interest paid
- $35,344
- Starting balance
- $546,984
- Year 4$532,258
- Principal paid
- $7,602
- Interest paid
- $34,867
- Starting balance
- $539,859
- Year 5$524,147
- Principal paid
- $8,111
- Interest paid
- $34,358
- Starting balance
- $532,258
- Year 6$515,492
- Principal paid
- $8,654
- Interest paid
- $33,815
- Starting balance
- $524,147
- Year 7$506,259
- Principal paid
- $9,234
- Interest paid
- $33,235
- Starting balance
- $515,492
- Year 8$496,406
- Principal paid
- $9,852
- Interest paid
- $32,617
- Starting balance
- $506,259
- Year 9$485,894
- Principal paid
- $10,512
- Interest paid
- $31,957
- Starting balance
- $496,406
- Year 10$474,678
- Principal paid
- $11,216
- Interest paid
- $31,253
- Starting balance
- $485,894
Nearby
Courtesy of Watters International Realty · (512) 646-0038
Listings courtesy of ACTRIS as distributed by MLS GRID.