Melrose Estates I #5
Located just east of Lexington and only 45 minutes from downtown Norman, this beautiful 4.81-acre tract offers the perfect opportunity to enjoy peaceful Oklahoma country living without being too far from city conveniences. Mostly wide open and ideal for building, this property also features a cluster of trees at the back for added privacy and natural charm. With rolling countryside views, stunning Oklahoma sunsets, and electricity available at the road, this acreage provides the perfect setting for your dream home, weekend getaway, or quiet retreat.
We are offering Owner Financing on this property for only a 10% downpayment. We also welcome third-party financing and cash offers. If you decide to finance with us there are NO credit checks, early payoff penalties, or hidden fees!
79 days
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25
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3
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Zillow last checked:
Listing updated:
Listed by:
Seth Koenig405-509-6795,
Pioneer Realty
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1230052
Facts & features
Property
Lot
Size: 4.81 Acres
Features: Rural, Wooded
Details
Parcel number: 0N332074878
Zoning description: Agriculture
Special conditions: Owner Associate
Community & HOA
HOA
Has HOA: Yes
HOA fee: $175 annually
Location
Region: Wanette
Financial & listing details
Date on market: 5/18/2026
Listing terms: As is Condition
Road surface type: Gravel
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/18/2026
Listed for sale
$35,000
Source: MLSOK/OKCMAR as distributed by MLS GRID #1230052Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.