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Keenan Group#1 Austin Board of Realtors Team 2024
517 First Street, photo 1 of 37, Lexington, Lexington, TX
Active

$150,000

2Beds
2Baths
1,481Sq Ft
1.13 acresLot

517 First Street, Lexington, TX 78947

Reduced 33%$225,000
Lexington·MLS# 4438584·Built 1937·360 days on market

2 bed, 2 bath, 1,481 sqft on 1.13 acres in Lexington. Lexington, TX 78947. $150,000. Lexington ISD.

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 Type
Residential
Year Built
1937
Lot Size
1.13 acres
Price / Sq Ft
$101
Garage
1 spaces

Listing information last updated September 28, 2026.

Listed by Bexley Land & Cattle

MLS# 4438584 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

1-car garage with additional parking capacity
Generous 1.13-acre lot
Built-in Features
Ceiling Fan(s)
Laminate Counters
Eat-in Kitchen

Facts & Features

Interior

Features

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

Flooring

  • Carpet
  • Linoleum
  • Tile
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Exterior Steps
  • Garden

Construction

  • Frame
  • Stone Veneer

Lot Features

  • Back Yard
  • Few Trees
  • Front Yard
  • Garden
  • Level
  • Public Maintained Road
  • Trees-Large (Over 40 Ft)

Fencing

  • Barbed Wire

Foundation

  • Pillar
  • Post
  • Pier
Roof
Metal
Lot Size
1.13 Acres

Parking

  • Additional Parking
  • Covered
  • Detached
  • Driveway
  • Garage
  • Garage Faces Front
  • Outside
  • Storage
Garage Spaces
1
Financial
Original List Price
$225,000
Price per Sq Ft
$101
Utilities
  • Above Ground
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 517 First Street, whoever represented it.

  1. ActiveListed 2025
    Current price: $150,000Original list: $225,000MLS 4438584
    1. Price changed · February 26, 2026$174,999
    2. Price changed · September 28, 2026$150,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$150,000
Original list
$225,000
Price movement
$75K reduction
Listed / DOM
Oct 26, 2025 · 360 days
Map showing 517 First Street
517 First Street
Directions

Zoned Schools

Lexington ISD

1 High School1 Middle School1 Elementary School

Lexington

High SchoolGrades 9-12Zoned assignment

Lexington

Middle SchoolGrades 6-8Zoned assignment

Lexington

ElementaryGrades K-5Zoned assignment

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% ($30K)

Adjustable assumption - not a lending recommendation.

$150,000

Loan: $120K
Mortgage rate%
Payoff: ~2056
No mortgage rate is assumed
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Keenan Market Position

A sourced read on Lexington pricing, timing, and property scale. No automated valuation claim.

List price

$150,000

Price per sqft

$101/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

360 days

Original to current

$75K reduction

$225K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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Verified property facts

Frequently Asked Questions

How much is 517 First Street?

517 First Street is listed at $150,000 with 2 bedrooms, 2 full bathrooms, 1,481 square feet, 1.13-acre lot.

What school district is 517 First Street in?

517 First Street is zoned for Lexington ISD with assigned schools: Lexington (elementary), Lexington (middle), Lexington (high). School assignments should be verified directly with the district.

What are the property details for 517 First Street?

517 First Street is a Residential built in 1937 featuring 2 bedrooms, 2 full bathrooms, 1,481 square feet, 1.13-acre lot.

How should a buyer estimate the monthly payment for 517 First Street?

This page does not assume a mortgage rate or publish a monthly payment for 517 First Street. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 517 First Street compare with other homes in Lexington?

As of Oct 17, 2026, 517 First Street is offered at $150,000. The current MLS snapshot shows 24 active listings in 78947.

When was 517 First Street built?

517 First Street was built in 1937 (89 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Lexington

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/17/2026, 2:07:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/17/2026, 2:07:18 PM

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