UPDATED:
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Subdivision New Town
MLS Listing ID 5081078
Bedrooms 2
Half Baths 3
HOA Y/N No
Year Built 2020
Annual Tax Amount $9,762
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type See Remarks
Source actris
Property Description
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!
Location
State TX
County Lee
Rooms
Main Level Bedrooms 1
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Concrete, Vinyl
Fireplace No
Appliance See Remarks
Exterior
Fence Back Yard, Wood
Pool None
Community Features See Remarks
Utilities Available Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
Waterfront Description None
View City, Downtown
Roof Type Metal
Porch Covered, Patio
Total Parking Spaces 10
Private Pool No
Building
Lot Description Back Yard, City Lot
Faces East
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Spray Foam Insulation,Metal Siding
New Construction No
Schools
Elementary Schools Lexington
Middle Schools Lexington
High Schools Lexington
School District Lexington Isd
Others
Special Listing Condition Bankruptcy Property
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