517 First Street, Lexington, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 37
$150,000
2 beds2 baths1,481 sqft

517 First Street, Lexington TX 78947

MLS #234837138 · Bexley Land & Cattle · Keith Bexley

Residential
Built in 1937
1.13 Acres Lot
$101/sqft

About this home

Looking to moooooove to the country, eat BBQ til’ your hearts content and get a good look at where your beef comes from? If you want to be part of, not just see the Circle of Life, this place is for you! 2/2 - 1,481 sqft. home on 1.13 acres just down the street from world-famous Snow’s BBQ and sandwiched between Pop’s Lickin‘ and Smackin’ Barbecue and The Lexington Livestock Commission in Lexington, Texas. Built in 1937, a little worse for wear, but with some characteristic architectural details from that era still in place, this was home to the long-time mayor of Lexington, his wife and the three strapping boys they raised for more than 60 years. With a huge back yard, a barn and a set of pens for the boy’s show cattle and ropin’ horses, this property is a throwback to what a lot of “in town” properties in rural communities looked like way back when and is ideal for anyone who wants to keep a few head of livestock and everything that comes with that close to the house… Conveniently right off of the town square and within walking distance of all LISD campuses, the Post Office, City Hall, retail shopping and your choice of several fine churches. Perfect for when you want the convenience of living in town AND want to fall asleep listening to cattle low nearby!

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1937
Full baths
2
Lot size
1.13
Subdivision
A222
MLS area
LC
MLS #
234837138

Features

Interior features

  • Built-in Features
  • Ceiling Fan(s)
  • Laminate Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Natural Woodwork
  • No Interior Steps
  • Primary Bedroom on Main
  • Storage
  • Washer Hookup

Exterior features

  • Exterior Steps
  • Garden

Additional details

Parking
Additional Parking, Covered, Detached, Driveway, Garage, Garage Faces Front, Outside, Storage
Garage spaces
1
Roof
Metal
Foundation
Pillar/Post/Pier

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Schools

Assigned schools per the MLS.

School district
Lexington ISD
Elementary
Lexington
Middle
Lexington
High
Lexington

Comparable homes near 517 First Street

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
44.9 mi
Austin-Bergstrom Airport
41.9 mi

Straight-line distance, not drive time.

Market insights

Compared with 35 active homes in ZIP 78947 · HomeLocating listings

Area median price
$300,000
This home vs. median
50% below
Homes with a price cut
43%

At $150,000, this home is priced 50% below the $300,000 median across 35 active homes in ZIP 78947.

Estimated monthly payment

$1,059/mo
Principal & interest$758/mo
Property taxes (est.)
Home insurance (est.)

Home price

$150,000

Down payment

20% ($30,000)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Bexley Land & Cattle · Keith Bexley

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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