305 1st ST, Lexington TX 78947

Lexington, TX 78947 | Fairview

Ed's Opinion of Value

$235,000 Ed's Estimate: $289,959 $358,400
Lowest Comp Recommended List: $225,000 to $235,000 Highest Comp
The market data from 7 similar recent sales in FAIRVIEW points to a value of approximately $289,959. To sell within a reasonable timeframe at fair market value, the $225,000 to $235,000 range is where I'd position this. Among the similar homes currently available in FAIRVIEW, this price point stands out as competitive. At 165 sqft larger than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 42 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in FAIRVIEW, listed between $235,000 and $899,500. In 78947, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 815 Giddings ST, Lexington TX 78947, adjusting to $288,346; a strong comparable. 7 comparable transactions in FAIRVIEW support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,826 Sq Ft
1.0413 Acres
1950 Built

About This Property

STUNNING 3/2 two story Cottage Style remodeled home w/ picket fence on OVER AN ACRE of land nestled in the city. Perfect for an airbnb or your place to call home. First walk into an open living, dining and kitchen area on gorgeous wood floors throughout home. Beautiful granite countertop with large undermount sink; butcher board center island w/ dishwasher and gas free-standing range. Built in China Hutch with shelves in kitchen and other built in bookshelves in home. Attractive exposed beams with bead board ceilings and shiplap wall accents. Main level has a Full Bathroom walk-in shower with subway tile surround along with two bedrooms and laundry room. Upstairs you will enter through a stained-glass door with oversized bedroom having an office/study area, full bathroom w/ garden tub, and an exterior door and staircase leading to back deck. Entertaining back yard has 2-Tier deck with Jacuzzi perfect for your gatherings. Nice size storage shed on property perfect for your lawn equipment. Nice mature trees with plenty of shade for your afternoon nap and sprinkler system for your yard! Property also fronts on Snow Avenue having potential for another home. Walking distance to schools, city square, stores, post office and Snows BBQ. Fiber Internet available!
This home as a lot of character. Must See! Updated plumbing and electrical, spray foam insulation, newer HVAC, and roof!

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Granite Counters
  • Interior Steps
  • Primary Bedroom on Main
  • Soaking Tub

Location

Schools

School District Lexington ISD
Elementary Lexington
Middle School Lexington
High School Lexington

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central
Exterior Balcony, Private Yard
County Lee
MLS # 9589849

Tax Information

Annual Taxes $3,706 (2023)

Listing History

MLS# 9589849 - Updated Apr 5, 2026 51 days
Nov 28, 2023 Off Market
Sep 10, 2023 Listed $355,000

Frequently Asked Questions About 305 1st ST, Lexington TX 78947

When was 305 1st ST, Lexington TX 78947 built?

305 1st ST, Lexington TX 78947 was built in 1950.

How much does 305 1st ST, Lexington TX 78947 cost?

305 1st ST, Lexington TX 78947 sold on November 28, 2023. Contact us for sale price details.

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