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$630,500
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Property Description
Perfect Investment Opportunity in Downtown Lexington! Nestled in the heart of downtown Lexington, this property boasts a prime spot on the city square, ensuring high visibility and foot traffic. This vibrant area offers a blend of local businesses, Snows BBQ, and community events, making it an attractive destination for both residents and visitors. This two-story building features an open floor plan, providing flexibility for various uses. The downstairs area includes two spacious rooms along with a large open area, complete with picturesque windows that offer views of the downtown square and the inviting back patio. Additionally, the downstairs features two spacious half baths that could easily be converted into full baths, enhancing the property's utility and appeal. The generous layout encourages creativity and customization to suit diverse needs. Step outside to discover a large, relaxing back patio that invites gatherings and outdoor enjoyment. The area is equipped with a well-maintained playground featuring turf grass, providing a safe and fun environment for families and children. This unique outdoor space can enhance the overall appeal of the property. Accessed via a separate exterior door, the upstairs features 12 differently sized rooms, perfect for offices, studios, or additional retail space. There's also a kitchenette area, facilitating convenience for staff or clients, along with an additional half bath. The variety of room sizes allows for flexible leasing options or personal use. This property is a prime investment opportunity in a growing downtown area. With its unique features, flexible layout, and prime location, it can be adapted to meet various market demands. Whether you're looking to establish a new venture or expand an existing one, this property holds incredible potential for growth and success in downtown Lexington. Don't miss out on this exceptional opportunity to invest in a flourishing area!
Full Property Details
Full Property Details for 617 Main St
General
- Price: $630,500
- Taxes: $9,762 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 5081078
- Updated: 12/3/2025
- Added to Site: 284 day(s) ago
Interior
- Appliances: See Remarks
- Flooring: Concrete, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 1
Additional Information
- Shared Amenities: See Remarks
- Spa Description: None
- Security/Safety: See Remarks
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Total Spaces: 10
- Parking Features: Off Street
Location
- Area: LC
- County: Lee
- Subdivision: New Town
- Driving Directions: From flashing lights in Lexington take HWY 77 North and turn left on Third St. At stop sign continue straight at next stop sign take right and property will be on left at sign in building.
- Direction Faces: East
School Information
- Elem School District: Lexington ISD
- Midd School District: Lexington ISD
- High School District: Lexington ISD
- Elementary School: Lexington
- Middle School: Lexington
- High School: Lexington
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding, Spray Foam Insulation
- Roof: Metal
- Windows: Insulated Windows, Display Window(s), Tinted Windows
- Stories/Levels: 2
- Sq. Ft. Source: See Remarks
- Year Built: 2020
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None, See Remarks
Lot Features
- Property View: City
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Fence: Yes
- Lot Features: Back Yard, City Lot
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Assessment Amount: $536,180
- Tax Amount: $9,762
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Bankruptcy Property
- Documents Avail.: Aerial
- Legal Description: New Town Lexington, Block 3, Lot 4, N 20' of 3 & S 19.5' of 5
- Disclosures/Reports: None
- Property ID: 200701
Listed by Brokers Real Estate
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Schools
Schools serving 617 Main St
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 0.3 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 0.3 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 617 Main St
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$630,500
-5.05%
MLS
6/19/2025
Price Reduced
$664,050
-5%
MLS
4/07/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 617 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,838
100%
$536,180
2%
2022
100%
$526,230
137%
2022
-100%
$221,910
15%
2021
$4,322
—
$192,540
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 617 Main St
617 Main Street, Lexington, TX 78947 (MLS# 5081078) is a Single Family property with 2 bedrooms, 0 full bathrooms and 3 partial bathrooms. 617 Main Street is currently listed for $630,500 and was received on April 07, 2025. Want to learn more about 617 Main Street? Do you have questions about finding other Single Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

