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Investment Highlights

  • Approximately 8 acres with sizable development potential within Lexington city limits.
  • Zoned under municipal regulations, allowing flexibility for various land uses.
  • Strong connectivity to surrounding regions through a primary transportation corridor.
  • 500 feet of direct frontage along U.S. Highway 77 for high visibility and accessibility.
  • Close to community amenities, retail, schools, and established residential areas.
  • Attractive opportunity for commercial, residential, mixed-use, or agricultural applications.

Executive Summary

Positioned along U.S. Highway 77, this 8-acre property delivers outstanding potential for future development, investment, or agricultural use in the expanding Lexington corridor. Offering approximately 500 feet of highway frontage, the tract ensures maximum visibility and direct ingress for a variety of projects. Located within city limits, it benefits from access to municipal services and falls under local zoning and planning oversight, which supports a broad range of permitted uses.
Whether envisioned for residential neighborhoods, retail or commercial operations, or mixed-use integration, the site provides a versatile canvas for long-term growth. Its proximity to existing businesses and community amenities further enhances development viability, while continued agricultural utilization remains an alternative for investors seeking income flexibility. This property represents a rare opportunity to secure significant frontage along a major highway in a supply-constrained market with continued population and economic momentum.

Property Facts Under Contract

Price $1,251,243 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hold For Development
  • Agricultural
Total Lot Size 8.00 AC

1 Lot Available

Lot

Price $1,251,243 CAD
Price Per AC $156,405.37 CAD
Lot Size 8.00 AC

8-acre tract with approximately 500 feet of frontage along U.S. Highway 77, offering high visibility and direct access within Lexington city limits.

Description

This exceptional 8-acre property offers outstanding potential for development, investment, or agricultural use. With approximately 500 feet of frontage along U.S. Highway 77, the property benefits from excellent visibility and easy access in a highly desirable location. Situated within the city limits of Lexington, the property is subject to city zoning and development regulations, making it important for buyers to verify intended uses with local authorities. Its strategic location and ample frontage create a wide range of possibilities, including residential development, commercial ventures, mixed-use projects, or continued agricultural use. Whether you are seeking a high-visibility commercial site, future development opportunity, or versatile investment property, this tract presents tremendous potential in the growing Lexington area.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
15385
Land Assessment
$31,990 CAD
Improvements Assessment
$265,097 CAD
Total Assessment
$297,087 CAD
  • Listing ID: 40696389

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 8576 Hwy 77-8 Acres, Lexington, TX 78947

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