4040 E  Lexington Ave, Gilbert, AZ 85234
Property image
Property image
OFF MARKET

4040 E Lexington Ave
Gilbert, AZ 85234

Highland Groves At Morrison Ranch
  • 5 Beds
  • 3 Baths
  • 3,098 sqft

$657,600

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $3,653/mo*

$657,600

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $3,653/mo*
5 Beds
3 Baths
3,098 sqft

Local Information

  • Map ViewExplore the area around 4040 E Lexington Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2007
Living Area
3,098 sqft
Price/Sqft
$212
Parking
Garage

Description

This single-family home is located at 4040 E Lexington Ave, Gilbert, AZ. 4040 E Lexington Ave is in the Highland Groves At Morrison Ranch neighborhood in Gilbert, AZ and in ZIP code 85234. This property has 5 bedrooms, 3 bathrooms and approximately 3,098 sqft of floor space. This property has a lot size of 6599 sqft and was built in 2007.
4040 E Lexington Ave, Gilbert, AZ 85234 is a 5 bedroom, 3 bathroom, 3,098 sqft single-family home in Highland Groves At Morrison Ranch, built in 2007. It last sold for $243,500 on Oct 21, 2009. It is currently off market. The Trulia Estimate is $657,600, with a rent estimate of $3,153/month.

Home Details for 4040 E Lexington Ave

Interior Features

Heating & Cooling
Heating: Other, GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate
Appliances & Utilities
DishwasherMicrowave
Interior Details
Ceiling Fan

Exterior Features

Exterior Home Features
Roof: Other, TileExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 5Parking: Garage Attached

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6599 sqft

Price History for 4040 E Lexington Ave

DatePriceEventSource
04/25/2017$385,000ListingRemovedAgent Provided
04/24/2017$385,000Listed For SaleAgent Provided
10/21/2009$243,500Sold
ARMLS #4238007
08/17/2009$254,900PriceChange
Agent Provided
08/15/2009$0Listed For SaleAgent Provided
08/07/2009$447,880Sold
N/A
08/24/2007$414,570Sold
N/A

Market trends in Gilbert

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$3.33K
MoM
Sale-to-List Price
98.9%
0.1%
MoM
Price per sq ft
$279
$1
MoM
Available listings
1121
48
MoM
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Property Tax and Assessment

Year2025
Tax$2,491
Assessment$532,600
Home facts updated by county records

Comparable Sales for 4040 E Lexington Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$666,500
04/20/26
5
3
2,734
0.08
Single-Family Home
$536,000
12/11/25
4
2.5
2,096
0.16
Single-Family Home
$730,000
02/18/26
4
2.5
3,026
0.17
Single-Family Home
$639,000
06/26/26
4
3
2,541
0.28
Single-Family Home
$600,000
11/21/25
5
3
3,705
0.22
Single-Family Home
$685,000
02/02/26
5
3
3,700
0.28
Single-Family Home
$720,000
03/02/26
4
2.5
2,978
0.27
Single-Family Home
$935,000
05/07/26
5
3
3,427
0.28
Single-Family Home
$720,000
02/10/26
4
3
2,562
0.28
Single-Family Home
$702,000
01/21/26
4
3
2,562

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Assigned Schools

These are the assigned schools for 4040 E Lexington Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highland Groves At Morrison Ranch

  • Pearly
    "This neighborhood is extremely friendly and outgoing. If you have kids you couldn’t ask for a better neighborhood due to all the events they put on "
  • Megan E. T.
    "Lots of dogs in the area always walking around and all the dog owners always seem friendly. Never had an unpleasant dog experience here."
  • Jtwilliams352
    "easy access to many freeways. traftraffic is most good. courteous drivers too. nearby many restaurants and grocery stores. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4040 E Lexington Ave

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Off Market Homes Near 4040 E Lexington Ave

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