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1016 Private Road 7040

Lexington, TX 78947
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Acres4.17

Acres(Lot)

Welcome to the gated community of Fedor Estates, one of Lexington’s most desirable and well-established rural subdivisions. Known for its quiet rural setting and spacious homesites, the community offers a blend of privacy, natural beauty, and convenient access to town amenities. This particular property is ideally positioned near the front of the subdivision for easy entry and exit, while still providing approximately 4 acres of mixed, mature trees that create a peaceful, secluded atmosphere. Fedor Estates is appreciated for its large lots, custom homes, and relaxed country living, where residents enjoy space between neighbors, abundant wildlife, and a slower pace of life while remaining just a short drive from the heart of Lexington.

Detail Ic Property Details

Property Type : Land

Price : $175,000

AD Id : 87359856

MLS Id : 3368224

Lot Size : 4.17 Acres(Lot)

County : Lee

Subdivision: Fedor Estates

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Feature Features

  • Lot Information

    Main Square Feet: 4.17 Lot Size Acres: 4.17 Lot Description: Agricultural,GentleSloping,Landscaped,Level,ModerateTrees,OpenLot,ManyTrees,FewTrees,TreesLargeSize,TreesMediumSize,TreesSmallSize,Views,RollingSlope

    Property Information

    Subdivision: Fedor Estates Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $175000
    Cash, Conventional

  • Tax Information

    Parcel Number: 39641 Tax Year: 2026 Tax Legal Desc: A0124 GRIFFITH H ACRES 13.883

  • School Information

    Elementary School: Lexington Junior High School: Lexington Senior High School: Lexington
  • Utility Information

    SeeRemarks
  • Location Information

    Direction: From Lexington: Head west on FM 1624 for approximately 8 miles, then turn left onto Private Road 7037. This is a gated community, and a gate code will be required for entry. After entering, continue for about 0.4 miles and turn left onto PR 7040. Please note that the community does not allow signage on properties. The destination is located two lots to the left of the house on PR 7040. WaterSource: SeeRemarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
000 Phillips, Lexington, TX, 78947 $69,900 -- -- -- 0.76 Acre(Lot)
TBD Pr 4361, Lexington, TX, 78947 $350,000 -- -- -- 25.90 Acres(Lot)
3995 County Road 405, Lexington, TX, 78947 $1,350,000 4 3 2,533 69.68 Acres(Lot)
1742 County Road 413 #T.., Lexington, TX, 78947 $296,000 -- -- -- 22.78 Acres(Lot)
0000 Cr 413, Lexington, TX, 78947 $875,000 -- -- -- 93.94 Acres(Lot)
TBD County Road #415, Lexington, TX, 78947 $300,000 -- -- -- 27.50 Acres(Lot)
1045 Private Road 7005, Lexington, TX, 78947 $1,175,000 -- -- 3,068 Acres (Lot)--
1045 Private Road 7005, Lexington, TX, 78947 $1,175,000 -- 3 3,068 Acres (Lot)--
1045 Private Road 7005, Lexington, TX, 78947 $1,175,000 -- -- -- 26.12 Acres(Lot)
1045 Private Road 7005, Lexington, TX, 78947 $1,175,000 3 3 3,068 26.12 Acres(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/11/2026 @ 17:30

MLS: 3368224 LISTED BY: Melinda Scott, Home & Ranch Real Estate 979-272-1759 SOURCE: ACTRIS

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