1054 Cr 348 Lexington , TX 78947


2 Beds
1 Bath
1,506 Sqft
915,631 Sqft lot
21.02 Acre lot
Status: Active Under Contract
Property Type: Single Family Residence
Year Built: 1900
Neighborhood: No
Days on Website: 245
Multi-residence, income-producing property! At the edge of Old Town, 21+/- total acres with 3 homes, a 30'x40' metal building plumbed for kitchen/bath, barns w/pens & chute, pole barn, two storage sheds, two (50 amp and 30 amp) RV hookups and a yard full of one hundred year old, MASSIVE TREES!!! The primary residence is a 2/2 - 1,500 sqft. old family home estimated to be at least 100 years old that's been updated at some point (dropped ceilings, laminate flooring, brand-new cement front porch (1955) and double-pane windows...) but has original wood flooring under the laminate, a ton of potential for restoration and retains the original exterior look and feel. The covered front porch is shaded by an ENORMOUS tree and both the front and back (HUGE pecan trees) yards are covered in thick carpet grass and share a nostalgic view to the north of an old, two-story home in the distance, built at about the same time. It's not hard to imagine the bushels of black-eyed peas shelled under the shade of that big tree, the hot summer nights passed in rockers on the front porch and if you listen hard, you can almost hear grandma in the kitchen. The second home on the property is a pecan-tree shaded 1/1 brick home with a small kitchenette that's (infrequently) used as a guest house and does have other, unfinished rooms, but is in need of a considerable amount of repair. The third residence is a 1,132 sqft. - 2/1 brick home with detached garage and storage shed(s) and is used as a rental property. The listing also includes a newer 30'x40' metal building that's been plumbed for a kitchen and bath but never finished out, a livestock barn w/pens, a pole barn and two wooden storage sheds. *Seller-imposed restrictions. No mobile, no modular homes. *Property has 4 separate water meters, 4 electric meters, city water and 2 shallow wells. *Refrigerator, Stove, Dishwasher, Microwave, Washer and Dryer convey. *Homes are in need of repairs. *See pics for approx. boundary lines.

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Winkler & Company Realtors, Menley Group


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