Property at 517 Giddings St, Lexington, Texas. 2.09 acres. Listed at $265,000 ($126,849 per acre). Property type: Residential. Status: Active. County: Lee County. Listed April 3, 2026. Days on market: 11. Bedrooms: 3. Bathrooms: 1. Living area: 1,859 sq ft. Year built: 1925. Listed by: Realty Texas LLC. Description: 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.

ActiveMLS# ACT225007511
$265,000
2.09 Acres · Residential · $126,849/acre
517 Giddings St
Lexington, TX 78947 (Lee County)
3
Bedrooms
1
Bathrooms
1,859
Sq Ft
1925
Year Built

About this property

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 details

Property TypeResidential
Acreage2.0891 acres
StatusActive
Days on Market11 days
ListedApril 3, 2026
CountyLee
ZIP Code78947
Living Area1,859 sq ft
Price per Acre$126,849/acre
MLS NumberACT225007511
Listed ByRealty Texas LLC

Location

Area & Lifestyle

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Realty Texas LLC.

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Barron Johnson
Broker Associate · Spyglass Realty