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Just Listed

$1,305,000

1474 County Road B, Lexington, TX 78947

Yes

Sq Ft3,119
Acres4.26
Year Built2011

About This Property

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.

Property Details

Property TypeCommercial
MLS #2682643
Days on Market0
Lot Size4.26 acres
Listed7/9/2026
Last Updated7/9/2026

Location

County
Lee
MLS Area
LC

Size

$/Acre
$306,338
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Flooring
Carpet, Laminate
Construction Materials
HardiPlank Type, Masonry – Partial, Stone
Foundation
Slab
View
Pasture, Rural, Trees/Woods
Parking Features
Additional Parking, Attached Carport, Carport, Circular Driveway, Covered, Door-Multi, Garage, Garage Faces Front, Guest, RV Access/Parking, Workshop in Garage

Location

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Listing provided by Shelly Morgan · Don Quick & Associates, Inc. · (512) 825-4255

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$1,305,000