$664,050
$35K PRICE DROP

617 Main St Lexington, TX 78947

Estimated payment $4,352/month

Total Views 5,402
2 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Downtown View
  • No HOA
  • Display Windows
  • Lexington Middle School Rated A-
  • Covered Patio or Porch
  • 2-minute walk to Lexington City Park

About This Home

Perfect Investment Opportunity in Downtown Lexington!Nestled in the heart of downtown Lexington, this property boasts a prime spot on the city square, ensuring high visibility and foot traffic. This vibrant area offers a blend of local businesses, Snows BBQ, and community events, making it an attractive destination for both residents and visitors.This two-story building features an open floor plan, providing flexibility for various uses. The downstairs area includes two spacious rooms along with a large open area, complete with picturesque windows that offer views of the downtown square and the inviting back patio. Additionally, the downstairs features two spacious half baths that could easily be converted into full baths, enhancing the property’s utility and appeal. The generous layout encourages creativity and customization to suit diverse needs.Step outside to discover a large, relaxing back patio that invites gatherings and outdoor enjoyment. The area is equipped with a well-maintained playground featuring turf grass, providing a safe and fun environment for families and children. This unique outdoor space can enhance the overall appeal of the property. Accessed via a separate exterior door, the upstairs features 12 differently sized rooms, perfect for offices, studios, or additional retail space. There’s also a kitchenette area, facilitating convenience for staff or clients, along with an additional half bath. The variety of room sizes allows for flexible leasing options or personal use. This property is a prime investment opportunity in a growing downtown area. With its unique features, flexible layout, and prime location, it can be adapted to meet various market demands. Whether you’re looking to establish a new venture or expand an existing one, this property holds incredible potential for growth and success in downtown Lexington.Don’t miss out on this exceptional opportunity to invest in a flourishing area!

Listing Agent

Ginger Lina

Brokers Real Estate Brokerage Phone: (979) 773-4511 License #0430130 Listed on: 04/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,762

Year Built

  • Built in 2020

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Slab Foundation
  • Spray Foam Insulation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Insulated Windows
  • Tinted Windows
  • Display Windows
  • Storage Room
  • Downtown Views

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 3 Bathrooms

Parking

  • 10 Parking Spaces
  • Off-Street Parking

Schools

  • Lexington Elementary And Middle School
  • Lexington High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association
  • New Town Subdivision

Listing and Financial Details

  • Bankruptcy Property
  • Assessor Parcel Number 200701

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,762

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: See Remarks
  • Year Built: 2020
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From flashing lights in Lexington take HWY 77 North and turn left on Third St. At stop sign continue straight at next stop sign take right and property will be on left at sign in building.
  • Disclosures: None
  • Fencing: Back Yard, Wood
  • Levels: Two
  • Other Structures: None
  • Special Listing Conditions: Bankruptcy Property
  • Attribution Contact: (979) 773-4511
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9762.00
  • FEMA Flood Plain: No
  • Restrictions: City Restrictions,Zoning
  • Tax Exemptions: None
  • Special Features: VirtualTour

Interior Features

  • View: City, Downtown
  • Flooring: Concrete, Vinyl
  • Appliances: See Remarks
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: See Remarks
  • Spa Features: None
  • Window Features: Display Window(s), Insulated Windows, Tinted Windows
  • Laundry Location: None
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1

Beds/Baths

  • Half Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • Elementary School: Lexington
  • High School: Lexington
  • Middle/Junior School: Lexington
  • Junior High Dist: Lexington ISD

Lot Info

  • Lot Features: Back Yard, City Lot
  • Parcel Number: 200701
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Subdivision Name: New Town

Building Info

  • Construction Materials: Spray Foam Insulation, Metal Siding
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9762
  • Tax Rate: 1.82080000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,763 $534,410 $43,870 $490,540
2024 $9,763 $536,180 $29,200 $506,980
2023 $9,838 $526,230 $27,450 $498,780
2022 $4,682 $221,910 $20,290 $201,620
2021 $4,262 $192,540 $23,460 $169,080
2020 $552 $23,460 $23,460 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $664,050 -5.0% --
04/07/2025 04/07/25 For Sale $699,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $215,000 New Conventional
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5081078

Unlock MLS (Austin Board of REALTORS®)

APN: 200701