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ActiveMLS #7019773

9278 N Highway 77 Highway, Lexington TX 78947

Lexington, TX 78947 · A222

See Remarks for sale in A222

2Bedrooms
1Bathrooms
1,236Square Ft
2.04Acres
0Garage
1954Year Built
Price Reduced
1 / 34
$265,000$295,000
3D tour

Overview

Property Description

Discover 2.014 acres of opportunity in a prime Texas location. This 2-bedroom, 1-bath home is fully livable as-is, with plenty of room for modern updates to make it your own. The property’s versatile layout and location make it an excellent candidate for a commercial venture, guest house, or even a cozy bed-and-breakfast—an investment that can help pay for itself. Cross the dry-weather creek toward the back of the acreage and you’ll find a beautiful clearing, ideal for a new build or expansion. Whether you’re dreaming of additional living space, a new main home, or a workshop, the land offers room to grow. With a motivated seller ready to close (title commitment and survey are complete), this is a rare chance to secure acreage, flexibility, and income-producing potential all in one.

Financial Info
Price
$265,000
$ / Sqft
$214
HOA
None
Tax Rate
1.3616%
Est. Taxes
$2,265.98
Tax Year
2025
Exemptions
None
Legal Info
Address
9278 N Highway 77 Highway
County
Lee
City
Lexington
State
TX
Zip
78947
Subdivision
A222
Legal Description
A222 MORROW, T., TRACT 037, ACRES 2.041
Parcel
11788
Interior Features
Num Living
1
Dining
1
Kitchen
Pantry
Appliances
Electric Range, Microwave, Refrigerator, Gas Water Heater
Laundry
Inside
Master Bed
Primary Bedroom on Main
Master Main
Yes
Interior Features
Bookcases, Built-in Features, Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Entrance Foyer, Natural Woodwork, No Interior Steps, Pantry, Primary Bedroom on Main, Storage, Washer Hookup, Screens, Wood Frames
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
See Remarks
Stories
1
Year Built
1954 / Resale
Square Feet
1,236 / Public Records
Garage Desc
Circular Driveway, Driveway, Gravel, Private
Roof
Composition
Construction
Asbestos
Acres
2.04
Lot Description
Back Yard, Front Yard, Gentle Sloping, Native Plants, Private, Private Maintained Road, Public Maintained Road, Trees-Heavy
Restrictions
None
Flood Plain
No
View
Neighborhood, Rural, Trees/Woods
Water Access
No
Waterfront
No
Area
LC
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Above Ground, Electricity Connected, Natural Gas Available, Propane, Water Connected
Heat
Electric, Natural Gas
A C
Ceiling Fan(s), Wall/Window Unit(s)
Exterior Features
Fence
Front Yard, Gate, Partial, Wood
Exterior Features
Exterior Steps, Gutters Partial, Private Yard, Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
Pool On Property
Yes
Area Amenities
None

Price history

Days on market
−$30,000 (−10.2%)
$295,000 → $265,000
6
Price reductions
Active
Since Jul 11, 2026
Price trend
List priceJan 2026 → Oct 2026
Property history9 events
DateEventPriceChange
Oct 1, 2026Price Decrease$265,000−$13,000 (−4.7%)
Aug 16, 2026Price Decrease$278,000−$2,000 (−0.7%)
Jul 11, 2026Back On Market
Jul 7, 2026Pending
Jun 30, 2026Price Decrease$280,000−$4,000 (−1.4%)
Apr 22, 2026Price Decrease$284,000−$1,000 (−0.4%)
Mar 13, 2026Price Decrease$285,000−$5,000 (−1.7%)
Feb 28, 2026Price Decrease$290,000−$5,000 (−1.7%)
Jan 8, 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 $265,000
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

$1,750 / mo

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

Estimated monthly payment $1,750

Principal & interest
$1,340
Property taxes
$189
Homeowners insurance
$221

*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$212,000$2,370$13,710$209,630
2$209,630$2,528$13,552$207,102
3$207,102$2,698$13,382$204,405
4$204,405$2,878$13,202$201,526
5$201,526$3,071$13,009$198,455
6$198,455$3,277$12,803$195,179
7$195,179$3,496$12,584$191,682
8$191,682$3,730$12,350$187,952
9$187,952$3,980$12,100$183,972
10$183,972$4,247$11,833$179,725
  • Year 1$209,630
    Principal paid
    $2,370
    Interest paid
    $13,710
    Starting balance
    $212,000
  • Year 2$207,102
    Principal paid
    $2,528
    Interest paid
    $13,552
    Starting balance
    $209,630
  • Year 3$204,405
    Principal paid
    $2,698
    Interest paid
    $13,382
    Starting balance
    $207,102
  • Year 4$201,526
    Principal paid
    $2,878
    Interest paid
    $13,202
    Starting balance
    $204,405
  • Year 5$198,455
    Principal paid
    $3,071
    Interest paid
    $13,009
    Starting balance
    $201,526
  • Year 6$195,179
    Principal paid
    $3,277
    Interest paid
    $12,803
    Starting balance
    $198,455
  • Year 7$191,682
    Principal paid
    $3,496
    Interest paid
    $12,584
    Starting balance
    $195,179
  • Year 8$187,952
    Principal paid
    $3,730
    Interest paid
    $12,350
    Starting balance
    $191,682
  • Year 9$183,972
    Principal paid
    $3,980
    Interest paid
    $12,100
    Starting balance
    $187,952
  • Year 10$179,725
    Principal paid
    $4,247
    Interest paid
    $11,833
    Starting balance
    $183,972
First 10 of 30 years

Nearby

Courtesy of Fathom Realty · (888) 455-6040

Listings courtesy of ACTRIS as distributed by MLS GRID.