$79,000
For Sale

228 CHERRY DRIVE

Lexington, TX 78947
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Nice size (55'x111') corner lot with 1/1 - circa 1925 home with separate workshop, in the city limits with city utilities already turned on
and ready to be transferred at closing, so no reconnect fees! This corner lot is in a great location in "Old Town" on Cherry Drive, once referred to as Diaper Avenue and is within walking distance of both L.I.S.D. campuses and many other nearby amenities; Round Top Bank,
Granny's Restaurant, Herk's Store and Grill, Eagle's Corner Laundromat, Country Time Salon, Hildebrandt's Meat Market, Fresh Donut
for early morning breakfast or coffee and several churches to choose from too.
The home is in rough shape and the Buyer can decide if it's a "tear down" or "fixer upper", but a growing Lexington is in need of both, affordable homes and rental property, so either a complete remodel or a tear down with a new build for income potential could be a possibility!

  • Property Details
      • Lot DescriptionBack Yard, Corner Lot, City Lot, Front Yard, Moderate Trees, Few Trees, Trees Large Size, Level
      • ViewNeighborhood
    • Measurements
      • Acres0.15
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionS1430-SIMPSON
    • Location
      • School DistrictLexington ISD
      • Elementary SchoolLexington
      • Middle SchoolLexington
      • High SchoolLexington
      • CountyLee
  • Financial Details
      • Original List Price$79,000
      • Days on Market (Cumulative)24
  • Other
      • MLS #4340423

Location

16 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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