***$20,000 towards home repairs if under contract before July 31st!***Charming 100-year-old home on 2 acres in Lexington, TX — a true fixer-upper with tremendous potential. This property sits on nine separate lots, offering rare development or subdivision opportunities for an investor, or expansive outdoor space for a buyer who wants to restore historic character. The house needs remodeling, making it ideal for someone who wants to customize a vintage home or capitalize on the land value. Mature trees, generous yard space, and a peaceful small-town location add to the appeal. Just two streets away from texas famous Snows BBQ. Perfect for: DIY homeowners looking for a restoration project or investors seeking a subdividable parcel in a growing market. No restrictions. There is a drainage easment in place and the very back of the property is being upgraded to allow for better drainage. The back acre will be restored, grass will be planted, fence will be put back up long the entire perimeter and all equipment will be removed. All additional structure on the property will convey. The 2 red shed are newer and in good condition, the other 2 sheds and old outhouse are tear downs. the pole barn in the back is also a tear down.
Bedrooms
3
Bathrooms
1
Square Feet
1,859
Lot Size
2.0891 acres
Year Built
1925
Tax Assessed
$161,580 (2025)
Property Tax
$2,825.39/yr (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 4h ago.
As assigned by the MLS listing; verify with the district.
517 Giddings St
Lexington, TX 78947
Loan Term
Est. Monthly Payment
$1,536
Property tax is the county's 2025 bill of $2,825, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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