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ActiveMLS #4738044

9262 N Highway 77, Lexington TX 78947

Lexington, TX 78947 · None

Single Family Residence for sale in None

4Bedrooms
2Bathrooms
2,420Square Ft
1.93Acres
2Garage
1965Year Built
Price Reduced
1 / 19
$300,000$340,000

Overview

Property Description

LEXINGTON FIXER-UPPER / HANDYMAN SPECIAL WITH STRONG EQUITY POTENTIAL This property offers excellent opportunity for the savvy buyer, investor, contractor, or anyone willing to invest in renovations. Bring your vision and create instant equity in this centrally located Lexington home. Perfect for cash buyers looking for a solid project with great upside. This 4-bedroom home is located on the north side of Lexington, Texas, on a nearly 2-acre lot with frontage along US-77. The property offers highway access and visibility if commercial use is desired. The home features a large living room with steps leading to the dining room, which has hardwood floors. It is in fair condition and needs cosmetic updates. Additional features include an oversized garage, a large sunroom, and a wood deck at the rear of the house. The backyard contains many trees and provides ample outdoor space. Photos edited to remove clutter from tenant. This property is suitable for residential or commercial use. Call today for more information or to schedule a showing. The property next door is also for sale at 9278 N. Hwy. 77 has 2 bedrooms, 1 bathroom, and 2 acres. It could serve as a guest house or additional commercial space.

Financial Info
Price
$300,000
$ / Sqft
$124
HOA
None
Tax Rate
1.3616%
Est. Taxes
$5,084
Tax Year
2025
Exemptions
None
Legal Info
Address
9262 N Highway 77
County
Lee
City
Lexington
State
TX
Zip
78947
Subdivision
None
Legal Description
A222 MORROW, T., TRACT 039, ACRES 1.934
Parcel
12756
Interior Features
Floor
Concrete, Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Dishwasher, Microwave, Free-Standing Electric Range
Laundry
Inside, Laundry Room, Main Level
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Wood Burning
Interior Features
Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Laminate Counters, Electric Dryer Hookup, Interior Steps, Primary Bedroom on Main, Washer Hookup, None, Wood Frames
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1965 / Resale
Square Feet
2,420 / Public Records
Garages
2
Garage Desc
Driveway, Garage, Oversized
Foundation
Slab
Roof
Composition, Shingle
Construction
Brick Veneer, Wood Siding
Acres
1.93
Lot Description
Back Yard, Front Yard, Gentle Sloping, Interior Lot, Public Maintained Road, Many Trees, Trees-Medium (20 Ft - 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
Trees/Woods
Water Access
No
Waterfront
No
Area
LC
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Above Ground
Heat
Central, Electric, Forced Air
A C
Central Air, Electric
Exterior Features
Fence
Chain Link
Exterior Features
Gutters Full, RV Hookup, Covered, Enclosed, Rear Porch
Pool On Property
No
Area Amenities
None

Rooms

Rooms3 rooms

Main level

  • Primary Bedroom
  • Kitchen
  • Primary Bathroom

Price history

Days on market
−$40,000 (−11.8%)
$340,000 → $300,000
2
Price reductions
Active
Since May 13, 2026
Price trend
List priceMay 2026 → Aug 2026
Property history3 events
DateEventPriceChange
Aug 1, 2026Price Decrease$300,000−$10,000 (−3.2%)
Jul 16, 2026Price Decrease$310,000−$30,000 (−8.8%)
May 13, 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 $300,000
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

$2,191 / mo

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

Estimated monthly payment $2,191

Principal & interest
$1,517
Property taxes
$424
Homeowners insurance
$250

*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$240,000$2,683$15,521$237,317
2$237,317$2,862$15,341$234,455
3$234,455$3,054$15,150$231,401
4$231,401$3,258$14,945$228,143
5$228,143$3,477$14,727$224,666
6$224,666$3,709$14,494$220,957
7$220,957$3,958$14,246$216,999
8$216,999$4,223$13,981$212,776
9$212,776$4,506$13,698$208,270
10$208,270$4,808$13,396$203,463
  • Year 1$237,317
    Principal paid
    $2,683
    Interest paid
    $15,521
    Starting balance
    $240,000
  • Year 2$234,455
    Principal paid
    $2,862
    Interest paid
    $15,341
    Starting balance
    $237,317
  • Year 3$231,401
    Principal paid
    $3,054
    Interest paid
    $15,150
    Starting balance
    $234,455
  • Year 4$228,143
    Principal paid
    $3,258
    Interest paid
    $14,945
    Starting balance
    $231,401
  • Year 5$224,666
    Principal paid
    $3,477
    Interest paid
    $14,727
    Starting balance
    $228,143
  • Year 6$220,957
    Principal paid
    $3,709
    Interest paid
    $14,494
    Starting balance
    $224,666
  • Year 7$216,999
    Principal paid
    $3,958
    Interest paid
    $14,246
    Starting balance
    $220,957
  • Year 8$212,776
    Principal paid
    $4,223
    Interest paid
    $13,981
    Starting balance
    $216,999
  • Year 9$208,270
    Principal paid
    $4,506
    Interest paid
    $13,698
    Starting balance
    $212,776
  • Year 10$203,463
    Principal paid
    $4,808
    Interest paid
    $13,396
    Starting balance
    $208,270
First 10 of 30 years

Nearby

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Courtesy of Daniel Brunner, Broker · (512) 965-3500

Listings courtesy of ACTRIS as distributed by MLS GRID.