Lexington Homes under $500,000

Lexington Homes under $500,000

Welcome to Lexington, Texas – a charming small town that beautifully blends Southern hospitality with a vibrant community spirit. Nestled in Lee County, Lexington is a hidden gem that offers residents a peaceful lifestyle, surrounded by picturesque landscapes and a rich history. With its warm climate and friendly atmosphere, it’s no wonder that families and individuals alike are drawn to this delightful town.

Lexington is known for its close-knit community, where neighbors become friends and local businesses thrive. The downtown area is filled with quaint shops, cozy cafés, and family-owned restaurants that serve up delicious Southern fare. Outdoor enthusiasts will appreciate the nearby parks and recreational areas, perfect for picnicking, hiking, or simply enjoying the great Texas outdoors.

For those seeking a place to call home, Lexington offers an array of affordable housing options, with many beautiful homes available for under $500,000. Whether you’re looking for a charming single-family home with a spacious yard or a modern property with contemporary finishes, Lexington has something to suit every taste and budget. This affordability, combined with the town’s welcoming atmosphere, makes it an ideal location for first-time homebuyers, families, and retirees alike.

With its rich heritage, vibrant community life, and affordable housing options, Lexington, TX, is a wonderful place to settle down and create lasting memories. Explore the possibilities that await you in this delightful town, and discover why so many have chosen to call Lexington home. Your dream home is just around the corner!

Newest Lexington Homes under $500,000

809 N Main St, Lexington
$190,000
2 Beds ⋅ 2 Baths ⋅ 8586473 MLS
Nice 1,412 sqft. 2/2 pier and beam home on Main Street Lexington of bygone days, not on the busy main street that’s now used to travel through town! Just off of the square in Lexington, it’s conveniently located within walking distance of all three LISD campuses, Lexington City Hall, The Post Office, several churches, retail shopping and is perfectly situated to enjoy the beautiful Christmas tree at the Log Cabins during Christmas and is a quick walk back to the house during Homecoming in May! This 100+ year old (updated) cedar-wrapped home sits on a quiet street, on a nice-sized lot with a huge back yard and features open rooms with tons of windows for natural light, an open-concept Kitchen, Living and Dining area and a really nice closed-in back porch sunroom with rows of windows and original bead-board ceiling for a touch of nostalgia There’s also a two-bay covered carport, a storage shed and a small fenced-in area for pets.

809 N Main St, Lexington

Listing courtesy of Bexley Land & Cattle. Contact: (979) 773-4423
913 7th St, Lexington
$285,000
3 Beds ⋅ 2 Baths ⋅ 1474731 MLS
Peace and quiet in small town America. Country living at its best. - Recently updated country style home - Primary bath and kitchen updated as well as back porch enclosed to make a spectacular cozy retreat.

913 7th St, Lexington

Listing courtesy of Coast to Coast Realty. Contact: (512) 552-3356
414 Avenue F, Lexington
$145,000
3 Beds ⋅ 2 Baths ⋅ 9247363 MLS
3/2 manufactured home, freshly painted inside and out, situated on a nice lot in Old Town Lexington. The property features a fenced backyard and an open-concept living, dining, and kitchen area, creating a spacious and functional layout. Come take a look today!

414 Avenue F, Lexington

Listing courtesy of Brokers Real Estate. Contact: (979) 773-4511
616 Rockdale Street, Lexington
$350,000
2 Beds ⋅ 2 Baths ⋅ 621120 MLS
This is an excellent location for home or business, just on the south edge of Lexington, one of the fastest growing small towns in Central Texas. 2003-built barndominium with 2 BR,2 baths, and porches on 2 sides. More than 2 acres for your pets or livestock to roam. 1700 s.f. shop/commercial bldg is on-site with a walk-in cooler area, 2 restrooms, and open floor space with large walk-through doors. Rockdale St. is a high-traffic street that is a main thoroughfare into the town of Lexington. 300 ft of frontage gives a lot of visibiltiy to the property

616 Rockdale Street, Lexington

Listing courtesy of Pud Owens Realty. Contact: 512-430-2858
204 N Rockdale St, Lexington
$182,000
3 Beds ⋅ 2 Baths ⋅ 6113419 MLS
Fixer upper allowing for personal choices! Cute 3/2 brick home in town, not quite move-in ready, but what a deal! With just a little time and investment you could make this your dream home in this ideal location! Here are the details: large kitchen with lots of cabinets and granite countertops, stacked Austin stone fireplace in spacious den, separate utility room, large backyard with covered patio and nice trees. two storage buildings. Home was renovated in 2018 but is in need of some repairs at this time, including new HVAC unit and new flooring in bedrooms and guest bath. Priced to sell well below tax value. Would be perfect for investor/builder to add finishing touches and resell or rent out.

204 N Rockdale St, Lexington

Listing courtesy of Schultz Texas Properties, LLC. Contact: (979) 530-7088
1015 Fm 112 Rd, Lexington
$354,000
3 Beds ⋅ 2 Baths ⋅ 3402912 MLS
Enjoy the perfect blend of country living and convenience at 1015 FM 112 in Lexington, Texas! Situated on 2.301 beautiful acres, this updated 3-bedroom, 2-bathroom home offers 2,751 square feet of comfortable living space with room for everyone. The spacious fenced backyard is ideal for pets, children, and outdoor entertaining, featuring a large shade tree that creates the perfect gathering spot for family and friends. Inside, you’ll find updated finishes throughout, and the sellers are including brand-new granite countertops currently in storage, ready for the next owner to install and personalize the kitchen. A unique enclosed garage provides flexible space that could serve as a game room, hobby room, home gym, or dedicated pet area, complete with a dog door leading outside. The property also includes a storage shed and a barn that’s perfectly suited for show projects, livestock, horses, or additional storage. Experience the peace and privacy of country living while being just a 3-minute drive from Peterson’s Grocery Store and other Lexington conveniences. Whether you’re looking for a family home, hobby farm, or a place to enjoy wide-open spaces, this property offers endless possibilities.

1015 Fm 112 Rd, Lexington

Listing courtesy of Bexley Land & Cattle. Contact: (979) 773-4423
1471 County Road A, Lexington
$475,000
3 Beds ⋅ 3 Baths ⋅ 1264645 MLS
Discover your own private slice of Texas countryside on 10 beautiful acres just outside of Lexington. This 3-bedroom, 2.5-bath home offers the perfect blend of comfort, functionality, and outdoor living. The mostly flat acreage is ideal for a variety of uses, featuring a scenic pond, established trails winding throughout the property, and plenty of open space to enjoy the peaceful surroundings. Whether you're looking for room to roam, recreational opportunities, or a place to simply enjoy country living, this property delivers. The home is equipped with fully paid-off solar panels, providing an energy-efficient feature without the added expense of a solar lease or payment. An electric gate welcomes you at the entrance, offering both convenience and privacy. Imagine spending your mornings overlooking the pond, exploring the trails on your own land, or enjoying the seasonal wildflower meadow that blooms behind the home. With a rare combination of usable acreage, modern amenities, and country charm, this property offers the lifestyle many dream of but few find. Conveniently located within reach of Lexington, Bastrop, Taylor, and College Station, this property provides the space and freedom of country living while maintaining access to nearby amenities.

1471 County Road A, Lexington

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644
1004 White Tail Cv, Lexington
$390,000
3 Beds ⋅ 2 Baths ⋅ 3814139 MLS
Beautiful new build in Lexington’s newest neighborhood! Just completed, 3/2 - 1,775 sqft. brick home conveniently located, right off of the Loop and within walking distance of LISD HS & MS campuses, Herk’s Store and Grill, Granny’s Restaurant, Hildebrandt’s Meat Market, Round Top Bank, Woodson’s Lumber Co., Fresh Donut, Eagles Corner Laundromat and a barbershop! Step onto the nice front porch, through the half-lite front door and into a space designed with gathering in mind that features; an open-concept Living, Kitchen and Dining, all with high ceilings and lots of windows where the natural light highlights a spacious Living that flows into an amazing Eat-In Kitchen that combines cooking and casual dining into a single, multifunctional space and features custom touches everywhere you look, from the floor to ceiling rows and rows of custom cabinetry, to the custom-built Kitchen island, breakfast bar, walk-in pantry with tons of storage, all stainless appliances and granite countertops with a custom backsplash as a finishing touch! A designated office space, two bedrooms and a Guest Bath are to the left of the Living, the secluded and private Primary Bedroom with beautiful En-Suite Bath and shared walk-in closet are at the back of the home, overlooking the back yard, with a conveniently located Laundry Room near the back door, just off of the Dining area. The covered back porch extends the living/entertaining space and is perfect for a grilling setup or early morning coffee, a nice-size fenced back yard and a deep, attached carport with storage area complete this pretty package and the lots on either side are available if you’re looking for a spot to put a shop!

1004 White Tail Cv, Lexington

Listing courtesy of Bexley Land & Cattle. Contact: (979) 773-4423
1250 Fm 112, Lexington
$269,000
2 Beds ⋅ 2 Baths ⋅ 3679463 MLS
Come take a look at this charming 2-acre 2/2 Brick home with nice size workshop located just outside of town with no city taxes. This solid brick home features 2 bedrooms, 2 bathrooms, and an attached 2-car garage. Home includes a cozy living room, Kitchen with breakfast bar, Dining room with built in cabinets and large laundry room. A spacious 960-square foot workshop with electricity is located behind the home, offering plenty of room for projects, storage, or hobbies. Partially fenced. Come take a look at this beauty today. The property is being sold as-is, and the current non-realty items in the home can convey with the sale. Don't miss this opportunity to own a great property with room to spread out while still enjoying convenient access to town. Schedule your showing today!

1250 Fm 112, Lexington

Listing courtesy of Brokers Real Estate. Contact: (979) 773-4511
9262 N Highway 77, Lexington
$300,000
4 Beds ⋅ 2 Baths ⋅ 4738044 MLS
LEXINGTON FIXER-UPPER / HANDYMAN SPECIAL WITH STRONG EQUITY POTENTIAL This property offers excellent opportunity for the savvy buyer, investor, contractor, or anyone willing to invest in renovations. Bring your vision and create instant equity in this centrally located Lexington home. Perfect for cash buyers looking for a solid project with great upside. This 4-bedroom home is located on the north side of Lexington, Texas, on a nearly 2-acre lot with frontage along US-77. The property offers highway access and visibility if commercial use is desired. The home features a large living room with steps leading to the dining room, which has hardwood floors. It is in fair condition and needs cosmetic updates. Additional features include an oversized garage, a large sunroom, and a wood deck at the rear of the house. The backyard contains many trees and provides ample outdoor space. Photos edited to remove clutter from tenant. This property is suitable for residential or commercial use. Call today for more information or to schedule a showing. The property next door is also for sale at 9278 N. Hwy. 77 has 2 bedrooms, 1 bathroom, and 2 acres. It could serve as a guest house or additional commercial space.

9262 N Highway 77, Lexington

Listing courtesy of Daniel Brunner, Broker. Contact: (512) 965-3500
312 Holcombe Dr, Lexington
$298,000
3 Beds ⋅ 2 Baths ⋅ 6275628 MLS
Welcome to 312 Holcombe Drive in the heart of Lexington, TX! This beautifully renovated 3-bedroom, 2-bath home was updated in 2023 and offers the perfect blend of comfort, space, and convenience. Inside, you’ll find a functional layout with an oversized second living area that makes an ideal home office, playroom, or media space. Step outside to enjoy a large, fully fenced backyard—perfect for entertaining, pets, or simply relaxing—along with a covered garage for added convenience. Located just minutes from Lexington ISD and only a short drive to local favorites, this home puts you right where you want to be. If you’ve been looking for a move-in ready home with extra space in a prime in-town location, this one checks all the boxes!

312 Holcombe Dr, Lexington

Listing courtesy of Bexley Land & Cattle. Contact: (979) 773-4423
1110 Caldwell, Lexington
$349,500
3 Beds ⋅ 2 Baths ⋅ 1802773 MLS
Brand New Build on two city lots! On trend, crisp black and white, 3/2 - 1,400 sqft. Barndominium, showcased against newly planted, bright-green sod and new, wood perimeter fencing with 24’x24’ detached carport that has 190 sqft. of enclosed storage, all on just over a half acre in New Town Lexington. A broad front porch (10’x40’5”), just right for a set of rocking chairs to enjoy early-morning coffee and nice seating areas, great for winding down and watching the sun set, welcomes you to step inside the glass-front door opening into a brightly-lit, open-concept area, showcasing high ceilings and an Eat-In Kitchen featuring; custom-wood cabinetry, stone countertops, stainless appliances, decorative lighting, a massive walk-in pantry and a half-glass back door leading to a carport that’s ideal for expanding the outdoor living/dining when needed. Inside, the hallway has a HUGE laundry closet with lots of vertical storage, an equally roomy linen closet and leads to two nice-size bedrooms with a shared bath and a Primary Bedroom with walk-in closet and a large, En-suite Bath featuring; high ceilings, natural lighting, a vanity big enough for two and a custom-tiled, walk-in shower. Thoughtful build, maximizing every inch of space inside and out, with bonus outdoor space to expand!

1110 Caldwell, Lexington

Listing courtesy of Bexley Land & Cattle. Contact: (979) 773-4423
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