Land in Lexington TX with Ag Exemption – Build, Hold, or Escape. Located in the sought-after Walleye Creek Ranch community in Lexington, TX, 1215 Walleye Creek Trail delivers the space, privacy, and flexibility buyers are searching for in Central Texas land. Just a short drive to Taylor, Elgin, and the expanding Austin area, this Lee County property sits in a high-growth corridor near the Samsung development. This scenic acreage provides multiple building sites for a custom home, barndominium, or weekend retreat, with open land, native landscape, and peaceful surroundings. Electricity is available, and the property carries an ag exemption, helping keep property taxes low. Light deed restrictions are in place to protect long-term value while still allowing residential flexibility. If you're looking for land for sale in Lexington TX with investment potential, privacy, and room to build, this property checks the boxes. Seller is highly motivated and willing to offer up to $5,000 toward buyer’s closing costs, adding immediate value and urgency.