1036 Sherrill Ln, Lexington, TX 78947
Local realty services provided by:ERA Brokers Consolidated
Listed by: dan brunner
Office: daniel brunner, broker
MLS#:9779441
Source:ACTRIS
1036 Sherrill Ln,Lexington, TX 78947
$1,075,000
- 3 Beds
- 3 Baths
- 3,279 sq. ft.
- Single family
- Active
Price summary
- Price:$1,075,000
- Price per sq. ft.:$327.84
About this home
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....
Contact an agent
Home facts
- Year built:1998
- Listing ID #:9779441
- Updated:June 24, 2026 at 04:27 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Concrete
- Kitchen Description:Dishwasher, Disposal, Free-Standing Electric Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s)
- Living area:3,279 sq. ft.
Heating and cooling
- Cooling:Central, Electric
- Heating:Central, Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1998
- Building area:3,279 sq. ft.
- Lot area:7 Acres
- Lot Features:Corner Lot, Landscaped, Many Trees, Public Maintained Road
- Construction Materials:Cement Siding, Frame, Stone Veneer
- Exterior Features:RV Hookup, Satellite Dish
- Foundation Description:Slab
Schools
- High school:Lexington
- Elementary school:Lexington
Utilities
- Water:Private, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,075,000
- Price per sq. ft.:$327.84
- Tax amount:$10,933 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Water Heater, Free-Standing Electric Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s)
- Amenities:Bookcases
Parking
- Total parking spaces:7
- Parking description:Attached, Circular Driveway, Detached Carport, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Side, RV Carport
- Garage:Yes
- Garage spaces:2
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