Lexington Homes under $400,000

Lexington Homes under $400,000

Welcome to Lexington, Texas—a hidden gem nestled in the heart of Lee County. This charming city offers a delightful blend of small-town warmth and vibrant community spirit, making it an ideal place to call home. With its rich history, friendly atmosphere, and picturesque landscapes, Lexington is a haven for those seeking a peaceful lifestyle without sacrificing modern conveniences.

One of the standout features of Lexington is its affordability. For homebuyers looking to invest wisely, the city boasts a variety of homes available for under $400,000. Whether you’re a first-time buyer, a growing family, or someone looking to downsize, Lexington provides an array of options to fit your needs. From cozy single-family homes to spacious properties with ample yards, you’re sure to find a residence that feels just right for you.

The community is well-equipped with essential amenities, including local shops, parks, and schools, ensuring that everything you need is just a stone's throw away. Lexington’s friendly residents and active community events foster a strong sense of belonging, making it easy to meet neighbors and create lasting friendships.

Outdoor enthusiasts will appreciate the surrounding natural beauty, with opportunities for hiking, fishing, and exploring the great Texas outdoors. With a rich blend of culture and community, Lexington is not just a place to live; it’s a place to thrive. Discover your dream home in Lexington today, where affordability meets charm in the heart of Texas!

Newest Lexington Homes under $400,000

809 N Main St, Lexington
$190,000
2 Beds ⋅ 2 Baths ⋅ 8586473 MLS ⋅ 78947 Zip Code
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
913 7th St, Lexington
$285,000
3 Beds ⋅ 2 Baths ⋅ 1474731 MLS ⋅ 78947 Zip Code
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
414 Avenue F, Lexington
$145,000
3 Beds ⋅ 2 Baths ⋅ 9247363 MLS ⋅ 78947 Zip Code
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
908 Yegua Dr, Lexington
$189,000
4 Beds ⋅ 2 Baths ⋅ 6632318 MLS ⋅ 78947 Zip Code
Tired of cramped layouts, tiny yards, and the stress of older home maintenance? This expansive, modern home at 908 Yegua Dr offers the room to breathe you’ve been searching for. Step inside to a light-filled living area with a custom accent wall that flows into a chef’s kitchen. Complete with a massive central island, sleek cabinetry, and an open dining space, it’s built for effortless entertaining. The floor plan features a private primary suite boasting a king-sized layout, dual-sink vanity, deep garden soaking tub, and a large walk-in closet. Deep secondary bedrooms provide total versatility for a growing family or a dedicated home office. The expensive bones are completely handled. Situated on a massive, open lot in Lexington with infinite space for outdoor cooking, gardening, or letting the dogs run free.

908 Yegua Dr, Lexington
204 N Rockdale St, Lexington
$182,000
3 Beds ⋅ 2 Baths ⋅ 6113419 MLS ⋅ 78947 Zip Code
Cute 3/2 brick home in town. 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
1015 Fm 112 Rd, Lexington
$354,000
3 Beds ⋅ 2 Baths ⋅ 3402912 MLS ⋅ 78947 Zip Code
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
1250 Fm 112, Lexington
$269,000
2 Beds ⋅ 2 Baths ⋅ 3679463 MLS ⋅ 78947 Zip Code
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
9262 N Highway 77, Lexington
$300,000
4 Beds ⋅ 2 Baths ⋅ 4738044 MLS ⋅ 78947 Zip Code
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
312 Holcombe Dr, Lexington
$298,000
3 Beds ⋅ 2 Baths ⋅ 6275628 MLS ⋅ 78947 Zip Code
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
1110 Caldwell, Lexington
$349,500
3 Beds ⋅ 2 Baths ⋅ 1802773 MLS ⋅ 78947 Zip Code
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
517 Giddings St, Lexington
$245,000
3 Beds ⋅ 1 Baths ⋅ 1443134 MLS ⋅ 78947 Zip Code
***$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.

517 Giddings St, Lexington
9278 N Highway 77 Highway, Lexington
$265,000
2 Beds ⋅ 1 Baths ⋅ 7019773 MLS ⋅ 78947 Zip Code
Discover 2.014 acres of opportunity in a prime Texas location. This 2-bedroom, 1-bath home is fully livable as-is, with plenty of room for modern updates to make it your own. The property’s versatile layout and location make it an excellent candidate for a commercial venture, guest house, or even a cozy bed-and-breakfast—an investment that can help pay for itself. Cross the dry-weather creek toward the back of the acreage and you’ll find a beautiful clearing, ideal for a new build or expansion. Whether you’re dreaming of additional living space, a new main home, or a workshop, the land offers room to grow. With a motivated seller ready to close (title commitment and survey are complete), this is a rare chance to secure acreage, flexibility, and income-producing potential all in one.

9278 N Highway 77 Highway, Lexington
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