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$70,000
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Property Description
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.
Full Property Details
Full Property Details for 320 Douglas St #2
General
- Price: $70,000
- Taxes: $141 (2024)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 1593190
- Updated: 9/30/2025
- Added to Site: 311 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: LC
- County: Lee
- Subdivision: S1360 - Old Town Lexington
- Driving Directions: On Loop 123/Rockdale Street at the south end of town, turn west onto Hester Street. Drive two blocks and turn left on Avenue B. Property will be second block on the left with a Bexley Land and Cattle sign.
School Information
- Elem School District: Lexington ISD
- Midd School District: Lexington ISD
- High School District: Lexington ISD
- Elementary School: Lexington
- Middle School: Lexington
- High School: Lexington
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.217
- Lot Size (Sq. Ft.): 9,452.52
- Lot Features: City Lot
Financial Considerations
- Assessment Amount: $7,560
- Tax Amount: $141.34
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Multiple Parcels: Yes
- Legal Description: OLD TOWN LEXINGTON, BLOCK 34, LOT
- Disclosures/Reports: None
- Property ID: 320 Douglas Street - Lot 2
- Block: 34
- Lot Number: 2
Listed by Bexley Land & Cattle
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Schools
Schools serving 320 Douglas St #2
School District:Lexington Independent School District
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 222 Fifth Street, Lexington, TX 78947 | PK-5 | 0.8 mi |
Lexington Middle School 121 Third Street, Lexington, TX 78947 | 6-8 | 0.6 mi |
Lexington High School 8783 U.S. 77, Lexington, TX 78947 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 Douglas St #2
Date
Details
Price
Change
Source
4/02/2025
Listed
$70,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 Douglas St #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$635
21%
$99,440
229%
2023
$523
100%
$30,240
8%
2022
100%
$27,960
-52%
2022
-100%
$58,420
-26%
2021
$1,778
—
$79,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 Douglas St #2
320 Douglas Street #2, Lexington, TX 78947 (MLS# 1593190) is a Lots/Land property with a lot size of 0.217 acres. 320 Douglas Street #2 is currently listed for $70,000 and was received on April 02, 2025. Want to learn more about 320 Douglas Street #2? Do you have questions about finding other Lots/Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

