$675,000
↓ $10K (1.5%)
●
House -
For Sale
1122 County Road 344 RD
Lexington, TX 78947
3 Beds
2 Baths
1,650 Ft²
$3,575
Est. Monthly
2.71%
Cap Rate
About This Property
Priced for an immediate opportunity this meticulously well
maintained home sitting on almost 13 acres with approximately 4
acres of wooded land and a wildlife exemption is ready for a
seamless transaction. Offering an opportunity for peaceful
country living and wildlife. Step inside this beautiful home,
where natural light floods the entire home, creating an inviting
and warm atmosphere. The heart of the home is the stylish
kitchen with generous counter space, a cozy dining area and the
spacious layout is perfect for family gatherings or entertaining
friends. While all three bedrooms have blackout cellular shades,
have peace of mind your guests can sleep any time of the day.
The expansive fenced backyard is a safe haven for children
and pets to play freely. Enjoy the covered front and back
porches for your morning coffee while watching the deer graze
nearby! The property features a charming cabin perfect for a
home office or visiting guests. The wildlife exemption is a
bonus to lowering your taxes!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
12.93 acres
Price per sqft
$409
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
2006
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 27 days ago (Unlock MLS #ACT7755979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$685,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$699,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
| Apr 29, 2026 | Relisted | $705,000 | |
| Relisted | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Granite Counters, Eat-in Kitchen, Open Floorplan, Pantry, Recessed Lighting, Storage, No Interior Steps, Primary Bedroom on Main
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Electric Water Heater
Flooring Type: Laminate
Exterior Details
Square Footage: 1650
Square Footage Source: $0
Green Sustainability
Security Features: Smoke Detector(s)
Property Condition: Resale
Year Built Source: Owner
Year Built: 2018
Waterfront Features: None
Levels: One
Other Structures: Guest House, RV/Boat Storage, Shed(s), Storage
Window Features: Blinds
Construction Materials: HardiPlank Type, Spray Foam Insulation
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Back Yard, Farm, Interior Lot, Wooded
Lot Size Area: 563230.8
Lot Size Units: Square Feet
Lot Size Acres: 12.93
Lot Size Square Feet: 563230.8
Water Source: Public
Financial Details
Tax Map Number: A038
Tax Assessed Value: $280,690
Tax Annual Amount: $3,120
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lee
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Listed by: Priscilla Plumlee
Listed Office: Schultz Texas Properties, LLC - Listing courtesy of Unlock MLS
Phone: (979) 530-7088
Last Updated: 2026-09-02 04:07:44
Data Source: Unlock MLS, MLS# ACT7755979
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Schultz Texas Properties, LLC - Listing courtesy of Unlock MLS
Phone: (979) 530-7088
Last Updated: 2026-09-02 04:07:44
Data Source: Unlock MLS, MLS# ACT7755979
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. 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. Some IDX listings have been excluded from this website.
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