9278 N Highway 77 Highway, Lexington TX 78947
Lexington, TX 78947 · A222
See Remarks for sale in A222
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
- $278,000
- $ / Sqft
- $225
- 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
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 16, 2026 | Price Decrease | $278,000−$2,000 (−0.7%) | −$2,000 (−0.7%) |
| Jul 11, 2026 | Back On Market | — | |
| Jul 7, 2026 | Pending | — | |
| Jun 30, 2026 | Price Decrease | $280,000−$4,000 (−1.4%) | −$4,000 (−1.4%) |
| Apr 22, 2026 | Price Decrease | $284,000−$1,000 (−0.4%) | −$1,000 (−0.4%) |
| Mar 13, 2026 | Price Decrease | $285,000−$5,000 (−1.7%) | −$5,000 (−1.7%) |
| Feb 28, 2026 | Price Decrease | $290,000−$5,000 (−1.7%) | −$5,000 (−1.7%) |
| Jan 8, 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
$1,827 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,827
- Principal & interest
- $1,406
- Property taxes
- $189
- Homeowners insurance
- $232
*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 | $222,400 | $2,486 | $14,383 | $219,914 | |
| 2 | $219,914 | $2,652 | $14,216 | $217,262 | |
| 3 | $217,262 | $2,830 | $14,039 | $214,432 | |
| 4 | $214,432 | $3,019 | $13,849 | $211,412 | |
| 5 | $211,412 | $3,222 | $13,647 | $208,191 | |
| 6 | $208,191 | $3,437 | $13,431 | $204,753 | |
| 7 | $204,753 | $3,668 | $13,201 | $201,086 | |
| 8 | $201,086 | $3,913 | $12,955 | $197,172 | |
| 9 | $197,172 | $4,175 | $12,693 | $192,997 | |
| 10 | $192,997 | $4,455 | $12,414 | $188,542 |
- Year 1$219,914
- Principal paid
- $2,486
- Interest paid
- $14,383
- Starting balance
- $222,400
- Year 2$217,262
- Principal paid
- $2,652
- Interest paid
- $14,216
- Starting balance
- $219,914
- Year 3$214,432
- Principal paid
- $2,830
- Interest paid
- $14,039
- Starting balance
- $217,262
- Year 4$211,412
- Principal paid
- $3,019
- Interest paid
- $13,849
- Starting balance
- $214,432
- Year 5$208,191
- Principal paid
- $3,222
- Interest paid
- $13,647
- Starting balance
- $211,412
- Year 6$204,753
- Principal paid
- $3,437
- Interest paid
- $13,431
- Starting balance
- $208,191
- Year 7$201,086
- Principal paid
- $3,668
- Interest paid
- $13,201
- Starting balance
- $204,753
- Year 8$197,172
- Principal paid
- $3,913
- Interest paid
- $12,955
- Starting balance
- $201,086
- Year 9$192,997
- Principal paid
- $4,175
- Interest paid
- $12,693
- Starting balance
- $197,172
- Year 10$188,542
- Principal paid
- $4,455
- Interest paid
- $12,414
- Starting balance
- $192,997
Nearby
Courtesy of Fathom Realty · (888) 455-6040
Listings courtesy of ACTRIS as distributed by MLS GRID.