21.02 Acres in Lexington, TX - $645,000
MULTI-RESIDENCE, INCOME-PRODUCING PROPERTY!
At the edge of Old Town, off of CR 405 and down CR 348, 21+/- total acres with 3 homes, a 30'x40' metal building plumbed for kitchen/bath, barn(s) w/corral and squeeze chute, pole barn, two storage sheds, two (50 amp and 30 amp) RV hookups and a yard full of STATELY, OLD TREES!!!
The primary residence is a 2/2 - 1,500 sqft. old family home estimated to be at least 100 years old that was updated at some point (dropped ceilings, laminate flooring, new front porch (1955) and double-pane windows...) with original wooden flooring under laminate and original wood-burning fireplace behind electric fireplace. The home retains the original exterior look and feel and has a ton of potential for restoration. The covered front porch is shaded by an ENORMOUS old tree and both the front and back (HUGE pecan trees) yards are covered in thick carpet grass and ...
The primary residence is a 2/2 - 1,500 sqft. old family home estimated to be at least 100 years old that was updated at some point (dropped ceilings, laminate flooring, new front porch (1955) and double-pane windows...) with original wooden flooring under laminate and original wood-burning fireplace behind electric fireplace. The home retains the original exterior look and feel and has a ton of potential for restoration. The covered front porch is shaded by an ENORMOUS old tree and both the front and back (HUGE pecan trees) yards are covered in thick carpet grass and have a nostalgic view to the north of an old, two-story home in the distance, built at about the same time. It's not hard to imagine that bushels of black-eyed peas were shelled under the shade of that big tree, that hot summer nights were passed in rockers on the front porch and if you listen hard, you can almost hear grandma in the kitchen. The second home on the property is a pecan-tree shaded 1/1 brick home with a kitchenette that's (infrequently) used as a guest house. It does have other unfinished rooms, but overall, is in need of a considerable amount of repair. The third residence is a 1,132 sqft -3/1 brick home with detached garage and storage shed(s) that is used as a rental property. The property is perimeter fenced/cross fenced for cattle and has a stock pond and two shallow wells.
*Seller-imposed restrictions of no mobile, no modular homes.
*The property has city water, 4 separate water meters, 4 separate electric meters and 4 propane tanks (owned).
*Refrigerator, Stove, Dishwasher, Microwave, Washer and Dryer convey.
*Minerals are unknown.
*See pics for approximate boundary lines.
*All homes are in need of repair.
Map
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