617 Main St
Lexington, TX 78947
- 2 beds
- 3 baths
- – sqft
- 8,712 sqft lot
- 2020 build
- – on site
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!
Last checked:
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Last updated Apr 15, 2025
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MLS# 5081078 —
The Building
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Year Built:2020
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New Construction:false
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Roof:Metal
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Foundation:Slab
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Patio And Porch Features:Covered
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Window Features:Display Window(s)
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Levels:Two
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Direction Faces:East
Interior
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Living:1
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Dining:1
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Flooring:Concrete
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Laundry Location:None
Room Dimensions
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Living Area Source:See Remarks
Financial & Terms
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Possession:Funding
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Restrictions:City Restrictions
Location
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Latitude:30.414334
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Longitude:-97.010675
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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.
The Property
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Property Type:Residential
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Subtype:See Remarks
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Parcel Number:200701
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Property Condition:Resale
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Other Structures:None
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Lot Features:Back Yard
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Lot Size Acres:0.2
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Lot Size Area:0 Sqft
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Lot Size SqFt:8,712 Sqft
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View:City
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Additional Parcels:false
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Fencing:Back Yard
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (979) 773-4511
- Office phone:
- (979) 773-4511
Taxes
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Tax Annual Amount:$9,762
Beds
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Beds:1
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Bedrooms Total:2
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Main Level Bedrooms:1
Baths
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Total Baths:1.5
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Total Baths:3
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Half Baths:3
The Listing
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Special Listing Conditions:Bankruptcy Property
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Listing Terms:Cash
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Occupant Type:Tenant
Heating & Cooling
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Heating:Central
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:See Remarks
Schools
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Elementary School:Lexington
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Elementary School District:Lexington ISD
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Middle School:Lexington
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Middle School District:Lexington ISD
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High School:Lexington
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High School District:Lexington ISD
The Community
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Subdivision Name:New Town
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Community Features:See Remarks
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Pool Private:false
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Pool Features:None
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Spa Features:None
Parking
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Parking Features:Off-Street
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Garage:false
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Attached Garage:false
Monthly cost estimate

Asking price
$699,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,742
|
Taxes | $813 |
Insurance | $192 |
Utilities | N/A |
Total | $4,747/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.