1474 County Road B Lexington, TX 78947

UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,119 sqft
Price per Sqft $418
Subdivision Yes
MLS Listing ID 2682643
Year Built 2011
Tax Year 2022
Lot Size 4.260 Acres
Acres 4.26
Property Sub-Type Mixed Use
Source actris
Property Description
The property is improved with a 3,119 SF main residence (3 bed / 3 bath) and two detached guest accommodations, all thoughtfully positioned within a landscaped setting featuring mature grounds, butterfly gardens, and a maintained lawn surrounding a saltwater sports pool. A dedicated outdoor entertainment area includes a stage and dance floor, creating built-in infrastructure for live music, private events, or group gatherings.
The main residence features wraparound porches, an outdoor kitchen and dining area, hot tub, and an open-concept interior oriented toward the pool and outdoor space. The primary suite includes a custom marble bath, while additional living space has been created via a converted upper level with bonus room, bedrooms, and bath with separate exterior access—ideal for guest privacy or flexible occupancy.
Two guest houses provide additional revenue or hosting capability. The first (approx. 680 SF) includes a loft, kitchenette, full bath, fireplace, and flexible sleeping capacity, with room for expansion. The second (approx. 420 SF) offers a more private setting with kitchenette, full bath, and a dedicated deck area.
With existing use as an income-producing Airbnb and infrastructure in place for events or gatherings, the property presents a compelling opportunity for investors or owner-operators seeking a turnkey hospitality, retreat, or event-driven asset in a high-growth Central Texas corridor.
Location
State TX
County Lee
Area Lc
Zoning No zoning
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Above Ground, Cable Available, Electricity Connected, Propane, Water Connected
View Pasture, Rural, Trees/Woods
Accessibility Common Area
Total Parking Spaces 6
Building
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type HardiPlank Type,Masonry – Partial,Stone
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Tax Rate 1.77
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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