708 Bannon Ranch Rd

Lexington, TX 78947
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393.00 Lot Acres
Country Homes/Acreage

Audio narrative

Description

The Bannon Ranch is positioned in the central region of Lee County, Texas, enjoying a prime location between the bustling urban centers of Austin and Houston. The ranch showcases an exquisite landscape adorned with thriving mature hardwoods?and undulating topography. With its impressive road frontage, the property holds immense potential for future development or subdivision, making it an appealing prospect for investors. Presently, the ranch excels as an exceptional recreational property, offering a wide range of leisure activities. Notably, the land's favorable topographic characteristics render it ideal for constructing a substantial lake, enhancing its allure and possibilities even further. Conveniently, reliable electricity infrastructure is readily accessible along the new county road, thoughtfully situated on the eastern side of the property, ensuring a seamless power supply for all future needs.

MLS#
59107864
List Price
$4,615,482
Listing Status
For Sale
Address
708 Bannon Ranch Rd
City
State
TX
Zip Code
County
Subdivision
N/A
Legal Description
BANNON RANCH, LOT 35, ACRES 274.580; LOT 45 ACRES 11.255; LO
Property Type
Country Homes/Acreage
Land Use
HUNTG,LEISR
Lot Size
393.00 Lot Acres/Appraisal District
Road Frontage
County Maintained

Exterior

Private Pool
No
Water Sewer
Other Water/Sewer
Road Surface
Asphalt

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated May 05, 2024 at 07:12 AM
Listing last updated Apr 12, 2024 at 02:37 PM

708 Bannon Ranch Rd, Lexington, TX 78947. View photos, map, tax, nearby homes for sale, home values, school info...

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