1474 County Road B, Lexington, TX 78947
1474 County Road B, Lexington, TX 78947
1474 County Road B, Lexington, TX 78947
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$1,305,000
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3,119 SqFt
New

1474 County Road B Lexington, TX 78947

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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

Deep in the heart of Blue, Texas, this strategically located 4.2-acre property offers a versatile opportunity approximately one hour from Austin, 30 minutes to Taylor and Bastrop, and 15 minutes to Elgin. The site is well-suited for a range of uses including short-term rental operations, private events, or a boutique venue concept.

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


Listed by Don Quick & Associates, Inc. • Shelly Morgan

NEARBY SCHOOL & BUSINESS

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Jeremy Smith

Jeremy Smith

Owner/Broker | License ID: 510081

+1(512) 797-7738

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1474 County Road B