Active

$175,000

1016 Private Road 7040, Lexington, TX 78947

--beds

--baths

4.17Acres

Unimproved Land

Built in ----

4.17 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Large lotsSpacious homesitesAbundant wildlifeSpace between neighborsQuiet rural settingPeaceful secluded atmosphere

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.

25 days

159

6

Facts & features

Property

Features

Fencing: Partial

Lot

Size: 4.17 Acres
Features: Open Lot, Trees Large Size, Trees, Wooded
Residential vegetation: Partially Wooded

Details

Parcel number: 39641
Zoning description: Residential

Community & HOA

Community

Subdivision: Other

Location

Region: Lexington

Financial & listing details

Tax assessed value: $96,350
Annual tax amount: $1,134
Date on market: 6/29/2026
Cumulative days on market: 25 days
Road surface type: Unimproved

Estimated market value

Not available

Estimated sales range

Not available

$1,255/mo

Price history

Date	Event	Price
6/29/2026	Listed for sale	$175,000+40%
Source: BCSMLS #26008649 Report a problem
3/1/2023	Listing removed	--
Source: Unlock MLS #5837925 Report a problem
8/19/2022	Listed for sale	$125,000
Source: Unlock MLS #5837925 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,134 +14.5%	$83,304 +20%
2024	$991 +17.1%	$69,420 +20%
2023	$846 +20.7%	$57,850 +38.4%
2022	$701 +40.6%	$41,800 +48.9%
2021	$499 +2.5%	$28,080
2020	$486 +69.3%	$28,080 +81.7%
2019	$287 -1.8%	$15,450
2018	$292	$15,450
2017	--	$15,450
2016	--	$15,450 +28.3%
2015	--	$12,040
2014	--	$12,040
2012	--	$12,040 -20%
2011	--	$15,050
2010	--	$15,050
2009	--	$15,050
2008	--	$15,050 +8.7%
2007	--	$13,840

Find assessor info on the county website

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.

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