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Residential Land in Growing Town
For Sale
$60,000

320 Douglas St 2, Lexington, TX 78947

Cleared residential land suitable for development in Lexington, Texas.

Property SizeContact for details
Lot Size0.22 Acres
Days on Market269

Property Features for 320 Douglas St 2

General Information

Standard status Active
Lot size 0.22 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $141
Listing Agency: Bexley Land & Cattle
Listed By: Keith Bexley · License #0533599
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 23 Last Checked: Aug 24 at 5:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bexley Land & Cattle

Investment Insights

Based on property information with market context.

This property presents a good investment opportunity in a growing town with limited housing options. Located on the corner of Douglas Street and CR 405, it is one of four cleared lots in Old Town Lexington. The property offers a suitable space for a residential build and potential development, with room for apartments, a duplex, or a fourplex, along with parking. City electric, water, and sewage services are available. Situated within the Lexington city limits, the property is subject to city restrictions.

Key Highlights

  • Cleared lot in a town with limited housing, presenting a strong investment opportunity.
  • Development potential for apartments, duplex, or fourplex.
  • Located in Old Town Lexington, offering a desirable setting.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 78947, TX

4,828
Population
2,240
Households
2.2
Avg Household Size
45
Median Age
16%
College-Educated
95%
High-School Grad
206.6 sq mi
ZIP Area
23
Density / Sq Mi
$81,371
Median Household Income
$48,630
Median Earnings
$1,037
Median Rent
$276,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Cleared residential land suitable for development in Lexington, Texas.
Where is this land located?
The property is located at 320 Douglas St 2 Lexington, TX.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Cleared lot in a town with limited housing, presenting a strong investment opportunity.; Development potential for apartments, duplex, or fourplex.; Located in Old Town Lexington, offering a desirable setting.
More about this property
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