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Good investment opportunity for a growing town with very limited housing options! On the corner of Douglas Street and CR 405, one of four cleared lots in “Old Town” Lexington, nice space for a residential build or perfect for potential development with plenty of room for apartments, a duplex, fourplex and parking with city electric, water and sewage available. Within the Lexington city limits, so city restrictions apply.
Property Type
Land
Lot Size
0.22 acres
Listed by Bexley Land & Cattle
Property Details
Lot Features
Verified property facts
320 Douglas St Unit #2 is zoned for Lexington ISD with assigned schools: Lexington (elementary), Lexington (middle), Lexington (high). School assignments should be verified directly with the district.
320 Douglas St Unit #2 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 320 Douglas St Unit #2 is $141. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($14,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 320 Douglas St Unit #2 is around $375 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Lexington ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($14K)
$70,000
Luxury property intelligence
A sourced read on S1360 - Old Town Lexington pricing, timing, and property scale. No automated valuation claim.
List price
$70,000
Price per sqft
Not available
Vs. S1360 - Old Town Lexington median
Not available
Days on market
425 days
Original to current
No verified reduction
$70K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $70,000, 320 Douglas St Unit #2 is in the S1360 - Old Town Lexington market where there are currently 22 active listings in 78947.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Recent sales for market context