$1,075,000

1036 Sherrill LN, Lexington, TX 78947

  • 3 beds |
  • 3 baths |
  • 3,279 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon7acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $328/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

CUSTOM HOME WITH ATTACHED APARTMENT Every town has its Bedford Falls, and out here in the Blue Country Estates of Lexington, Texas, Gary and Paula Bailey built their own slice of heaven back in 1998. With a little help from George Bailey Sr. and George Bailey Jr. (Gary's Father and Grandfather)—just like old George himself (in the movie "It's A Wonderful Life") might've scraped together for the Building & Loan—they poured heart and soul into this custom home. They even gave it a name: Bailey Park. Picture it: Gracious living under a sturdy 30-year commercial metal roof that laughs at Texas storms. There's a separate 2 bedroom 1 bathroom apartment for kinfolk, guests, or cash flow with $1400 rent, an oversized attached garage, and a big game room above the garage. Step outside to a shed/3-bay carport, drive-through RV parking with electric, and 7 acres of pure country peace—fully fenced with 50-year fencing and plumbed for irrigation so the grass stays green without breaking a sweat. Right in front sits a stocked pond, complete with a soothing waterfall feature that sings to you on quiet evenings. A water well keeps everything flowing, just like the good neighbors here who still wave, lend a hand, and look out for one another. It's the kind of place where folks know your name and nobody's ever really alone. And don't forget the large covered patio—perfect for evening gatherings, slow sippin', and starry nights—with a hot tub that conveys with the sale. Concerned about internet connectivity in the country? A StarLink system is included in the purchase. Gary and Paula raised a family, made memories, and lived what George Bailey called a wonderful life right here. Now they're heading to Bryan—closer to doctors, hospitals, restaurants, and less land to tend. But Bailey Park? It's still waiting for the next family to come along, hang their hat, and discover just how wonderful life can be on Sherrill Lane. Your wonderful life starts here. Come see it.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 9:19PM
Listing Office:
Daniel Brunner, Broker : (512) 965-3500
Listing Agent:
Dan Brunner : (512) 965-3500
MLS ID:
9779441
  • General: BookcasesBreakfast BarCeiling Fan(s)Cathedral Ceiling(s)Granite CountersPrimary Bedroom on Main
  • Appliances: DishwasherDisposalMicrowavePlumbed For Ice MakerFree-Standing Electric RangeStainless Steel Appliance(s)Electric Water Heater
  • Laundry: In Hall
  • Flooring: Concrete
  • A/C: Central AirElectricHeat Pump
  • Heating: CentralElectricHeat Pump
  • Fireplace: Living RoomStoneWood BurningFireplaces: 1
  • Eco/Green Feature: NoneNone
  • General: Rain GuttersLightingRV HookupSatellite Dish
  • Other Structures: RV/Boat StorageRear PorchCovered
  • Pool: None
  • Parking: AttachedCircular DrivewayDetached CarportDrivewayElectric GateGarageGarage Door OpenerGarage Faces SideRV CarportParking spaces: 7
  • Roofing: Metal
  • Windows: Aluminum FramesBlindsDouble Pane WindowsScreens
  • General: OneSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Lexington ISD
  • County: Lee
  • Zoning: BLUE COUNTRY ESTATESLOT 4ACRES 7.024855
  • View: PasturePondRuralTrees/Woods
  • Fencing: FencedFullGateLivestock
  • Utilities: Above GroundElectricity ConnectedOtherNatural Gas Not AvailablePhone Available
  • Water: PrivateWell
  • Sewer: Septic Tank
  • Source: actris

This listing courtesy of Dan Brunner , Daniel Brunner, Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lexington Elementary School

222 5th St, Lexington, TX, 78947

Grades PK-5

6.51 miles away

L

Lexington Middle School

121 3rd St, Lexington, TX, 78947

Grades 6-8

6.66 miles away

L

Lexington High School

8783 N Highway 77, Lexington, TX, 78947

Grades 9-12

6.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.