517 Giddings ST, Lexington TX 78947

Lexington, TX 78947 | New Town Lexington

$245,000 $132/sqft ▼ $20,000 (7.5%)
3 Beds
1 Baths 1 Full
1,859 Sq Ft
2.0891 Acres
1925 Built

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.

Property Highlights

View Neighborhood, Rural, Trees/Woods

Features

  • High Ceilings

Location

Schools

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

Property Details

Property Type Residential
Construction Wood Siding
Roof Composition
Foundation Pillar/Post/Pier
Levels One and One Half
Flooring Laminate, Vinyl
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Heating Natural Gas
Exterior None
County Lee
MLS # 1443134
Parking 4 spaces: Gravel, Outside

Lot, Outdoor & Utilities

Lot Features Back Yard, Few Trees, Front Yard, Gentle Sloping, Open Lot, Trees-Large (Over 40 Ft)
Patio & Porch Deck, Porch, Rear Porch
Fencing Back Yard, Gate, Perimeter, Privacy, Wood
Other Structures Shed(s)
Water Public
Sewer Public Sewer
Utilities Electricity Connected, Internet-Fiber, Natural Gas Connected, Water Connected

HOA & Community

Community Features None

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Tax Information

Annual Taxes (MLS) $2,825 (2025)
Assessed Value $161,580
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, FHA, USDA Loan, VA Loan
Sale Type Standard
Possession Funding
Disclosures Seller Disclosure

Listing History

MLS# 1153442 - Updated Oct 12, 2026
Sep 9, 2026 Listed Listing Courtesy of Realty Texas LLC - karen-suchomlinow@​realtytexas.com $1,650

Frequently Asked Questions About 517 Giddings ST, Lexington TX 78947

When was 517 Giddings ST, Lexington TX 78947 built?

517 Giddings ST, Lexington TX 78947 was built in 1925. It is wood siding construction with 1,859 square feet on a 2.0891 acre lot.

How much does 517 Giddings ST, Lexington TX 78947 cost?

517 Giddings ST, Lexington TX 78947 is listed for sale at $245,000. That is $132 per square foot.

How many bedrooms and bathrooms does 517 Giddings ST, Lexington TX 78947 have?

517 Giddings ST, Lexington TX 78947 has 3 bedrooms and 1 bathrooms (1 full) with 1,859 square feet of living space.

What school district is 517 Giddings ST, Lexington TX 78947 in?

517 Giddings ST, Lexington TX 78947 is in the Lexington ISD school district. Assigned schools include Lexington (elementary), Lexington (middle), Lexington (high school).

What are the property taxes on 517 Giddings ST, Lexington TX 78947?

The annual property taxes on 517 Giddings ST, Lexington TX 78947 are $2,825 (as of 2025). The tax assessed value is $161,580.

How big is the lot at 517 Giddings ST, Lexington TX 78947?

The lot at 517 Giddings ST, Lexington TX 78947 is 2.0891 acres, and the home has 1,859 square feet of living space.

What type of property is 517 Giddings ST, Lexington TX 78947?

517 Giddings ST, Lexington TX 78947 is a residential property on a pillar/post/pier foundation.

Does 517 Giddings ST, Lexington TX 78947 have a garage?

517 Giddings ST, Lexington TX 78947 has parking. Parking features include gravel, outside.

What subdivision is 517 Giddings ST, Lexington TX 78947 in?

517 Giddings ST, Lexington TX 78947 is located in the New Town Lexington subdivision in Lexington, TX. Community features include none.

What heating and cooling does 517 Giddings ST, Lexington TX 78947 have?

517 Giddings ST, Lexington TX 78947 has natural gas heating and ceiling fan(s), wall/window unit(s) cooling.

What are the roof and foundation at 517 Giddings ST, Lexington TX 78947?

The listing reports a composition roof and a pillar/post/pier foundation at 517 Giddings ST, Lexington TX 78947.

What financing does the seller of 517 Giddings ST, Lexington TX 78947 accept?

The listing says the seller accepts cash, fha, usda loan, va loan financing.

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