9262 N Highway 77, Lexington TX 78947
Lexington, TX 78947 · None
Single Family Residence for sale in None
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
Main level
- Primary Bedroom
- Kitchen
- Primary Bathroom
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 1, 2026 | Price Decrease | $300,000−$10,000 (−3.2%) | −$10,000 (−3.2%) |
| Jul 16, 2026 | Price Decrease | $310,000−$30,000 (−8.8%) | −$30,000 (−8.8%) |
| May 13, 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
$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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of Daniel Brunner, Broker · (512) 965-3500
Listings courtesy of ACTRIS as distributed by MLS GRID.