517 Giddings ST, Lexington TX 78947
MLS #240674616 · Realty Texas LLC · Karen Suchomlinow
About this home
***$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.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1925
- Full baths
- 1
- Lot size
- 2.0891
- Subdivision
- New Town Lexington
- MLS area
- LC
- MLS #
- 240674616
Features
Interior features
- High Ceilings
Exterior features
- None
Additional details
- Parking
- Gravel, Outside
- Garage spaces
- 0
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Annual tax
- $2,825
Location
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Schools
Assigned schools per the MLS.
- School district
- Lexington ISD
- Elementary
- Lexington
- Middle
- Lexington
- High
- Lexington
Comparable homes near 517 Giddings ST
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 44.8 mi
- Austin-Bergstrom Airport
- 41.8 mi
Straight-line distance, not drive time.
Market insights
Compared with 35 active homes in ZIP 78947 · HomeLocating listings
At $245,000, this home is priced 18% below the $300,000 median across 35 active homes in ZIP 78947.
Estimated monthly payment
Home price
$245,000
Down payment
20% ($49,000)
Loan details
30-yr fixed, 6.50%
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Ask about renovation financing for this home
With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.
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Listing courtesy of Realty Texas LLC · Karen Suchomlinow
Listing data last updated Oct 2, 2026, 11:46 PM
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