$699,000
For Sale

617 Main Street

Lexington, TX 78947
2 beds | 0.20 acres | #5081078
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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!

  • Property Details
      • Utility FeaturesElectricity Connected, FiberOpticAvailable, Sewer Connected, Water Connected
      • Lot DescriptionBack Yard, City Lot
      • School DistrictLexington ISD
      • Sewer InformationPublic Sewer
      • Elementary SchoolLexington
      • Middle SchoolLexington
      • High SchoolLexington
      • Property TypePurchase
      • SubdivisionNew Town
      • Original List Price$699,000
      • MLS #5081078
      • MLS #5081078
      • Utility SourcePublic
      • Taxes Annual$9,762
      • Cost699000
      • Property ConditionResale
      • Property SubtypeOther
      • ViewCity
      • Year Built2020
      • FoundationSlab
      • Acres0.2
      • CountyLee
      • Days on Market (Cumulative)11
      • Bedrooms2
      • Half Baths3

Location

The Dick Dallas AgencyReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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