Searching ...

501 Prairie Ln , Lester, IA 51242

$55,000

New Lester, Iowa development with several beautiful new homes at or near completion. Perfect chance to build your dream home in a small Iowa community encapsulating all the comforts of "hometown" appeal! Paved streets and sidewalks, curb and gutter, and city sewer and water. Lot suitable for walk-out basement build.

Highlights

  • Land
  • 0.49 Acre Lot
  • 471 days on Market


  • Acres
    0.49
  • Water
    Public

  • County
    Lyon
  • City
    Lester
  • Zip Code
    51242

Ask a Question

What's your home worth?

Calculate your current home value within seconds.

Frequently Asked Questions

How do I schedule a tour of 501 Prairie Ln?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 501 Prairie Ln.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 501 Prairie Ln?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $55,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Lester, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 501 Prairie Ln?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 501 Prairie Ln at around $300. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 501 Prairie Ln?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lyon County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 501 Prairie Ln?

In most cases, yes. Whether 501 Prairie Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lester's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 501 Prairie Ln?

We can handle that for you. Our preferred local agent specializes in lands in Lester and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

501 Prairie Ln was listed on July 24, 2025, which means it's been on the market for 471 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

501 Prairie Ln sits on a 0.49-acre lot, which is 21,344 square feet.

What are the property taxes for 501 Prairie Ln?

The most recent public record shows annual property taxes for 501 Prairie Ln were approximately $18. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 501 Prairie Ln still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

Popular Home Searches in Lester, IA


Search Nearby Cities


Search Nearby Postal Codes

Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Northwest Iowa Regional Board of REALTORS. All rights reserved.

Last Updated: November 07, 2026 at 05:54AM | Source: Northwest Iowa Regional Board of REALTORS | MLS#: 829607