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.
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
- 72 days
- 80
- 6
Zillow last checked:
Listing updated:
Listed by:
Madyson Gill Batson TREC #0729354 (979)272-1759,
Home & Ranch Real Estate
Source: BCSMLS,MLS#: 26008649
Originating MLS: Bryan College Station Regional AOR
Originating MLS: Bryan College Station Regional AORFacts & 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: 73 days
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
Not available
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
Climate risks
Neighborhood: 78947
Nearby schools
Schools provided by the listing agent
- Middle: ,
Source: BCSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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