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ActiveMLS #6096189

1281 Private Road 7037, Lexington TX 78947

Lexington, TX 78947 · Fedor Estates Sec 3

Single Family Residence for sale in Fedor Estates Sec 3

3Bedrooms
2 full / 1 halfBathrooms
2,887Square Ft
10.65Acres
2Garage
2004Year Built
Price Reduced
1 / 40
$699,900$795,000
3D tour

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

Members only
Days on market
−$95,100 (−12%)
$795,000 → $699,900
2
Price reductions
Active
Since Mar 30, 2026
Price trend
List priceMar 2026Jul 2026
Property history3 events
DateEventPriceChange
Jul 14, 2026Price Decrease$699,900−$50,000 (−6.7%)
Jun 5, 2026Price Decrease$749,900−$45,100 (−5.7%)
Mar 30, 2026New 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 $699,900
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

$4,751 / 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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Watters International Realty · (512) 646-0038

Listings courtesy of ACTRIS as distributed by MLS GRID.