517 Giddings St

Lexington, TX 78947

About this property

***$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.

About this property

***$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.

Features and Additional Information

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$245,000 Active
3 Bed(s)
1
Bath
1,859 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Realty Texas LLC
1-800-660-1022
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Area Information

LC | Lee County | New Town Lexington

$ 245,000
This listing is play_arrow 16.7% higher than the average in the area
$ 210,000 in the area
1,859 SqFt
This listing is play_arrow 34.2% larger than the average in the area
1,385 SqFt in the area
$ 132 $/SqFt
This listing is play_arrow 13.1% less than the average in the area
$ 152 $/SqFt in the area
149 days on site
This listing is play_arrow 292.1% above the average in the area
38 days on site in the area

Schools in the Area

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    Elementary School
    Lexington
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    Middle School
    Lexington
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    High School
    Lexington

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Listed By Karen Suchomlinow
Brokerage: Realty Texas LLC

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