2 months on rocket

4240 Texas Ln, Lexington, KY, 40513

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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4240 Texas Ln, Lexington$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Other
Year Built1946
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
FireplaceFamily Room, Wood Burning
MLS #24017844
Lot Size0.42 Acres
StatusActive

About 4240 Texas Ln

You won't find a property like this anywhere else in Fayette County! 1 property with 2 residences butting up to the South Elkhorn Creek located in 40513, in the Little Texas community! Super close proximity to Keeneland, Bluegrass Airport, the Kentucky Castle, Versailles, horse farms, the Bourbon Trail, Palomar & Beaumont!Main residence is a ranch home w/ 2 bedrooms & 1 full bath. LOADS of entertaining spaces w/ large living room, family room & eat-in kitchen. Large utility room that doesn't just have room for laundry but also has an abundance of space to serve as walk-in pantry w/ new cabinetry and a large deep freeze.Main home has a multitude of upgrades that are too vast to detail but are showcased on disclosures. This home has a unique part of UK Men's Basketball history w/ hardwood floors in the living/family room areas being reclaimed wood from Memorial Coliseum when renovated in the 1950's!Second residence was built in the 1960's. Approx. 1320 sq ft. 3 beds/1 bath w/ large family room & large side deck.Being sold AS-IS with opportunity to inspect! No VA or FHA lending.Showings on hold while resident moves out but will resume 10-7-24.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1946
  • Stories: 1

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Hardwood, Laminate, Vinyl
  • Interior: Bedroom First Floor, Ceiling Fan(s), Dining Area, Eat-in Kitchen
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Other

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump

School Info

Assigned Schools Information:

  • Paul Laurence Dunbar High School, Public District Grades 9-12
  • Beaumont Middle School, Public District Grades 6-8
  • Rosa Parks Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Versaillles Rd/Lexington Rd. to Shannon Run. Shannon Run to Military Pike. Military Pike to Texas Lane. Little Texas Community Church is located on corner of Texas Lane & Miltary Pike. Property is located at end of Texas Lane, on the right-hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$322.8K

Med. Price/SqFt

$151

Avg. Days On Market

27

# of Sold Homes

249

4240 Texas Ln vs Lexington

68 DAYS ON ROCKET

+41 Days

$250,000

-$72.8K Less

KEY TAKEAWAY

This property is $72.8K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017844

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,315

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-845253
8
/10

  • Rosa Parks Elementary School

  • 1251 Beaumont Centre Ln

  • 4.22 miles

  • Public District Grades KG-5

Middle School

school-card-donut-845254
5
/10

  • Beaumont Middle School

  • 2080 Georgian Way

  • 4.66 miles

  • Public District Grades 6-8

High School

school-card-donut-845255
6
/10

  • Paul Laurence Dunbar High School

  • 1600 Man O War Blvd

  • 3.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,983. Residents of Lexington, KY typically earn between $100k-200k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4240 Texas Ln

What is the listing price of this property?

The listing price of 4240 Texas Ln property is $250,000.

What type of property is this?

The property 4240 Texas Ln is a house located in Lexington, Kentucky, 40513.

Is this property for sale now?

Active Listing: 4240 Texas Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4240 Texas Ln are:
Rosa Parks Elementary School: GreatSchools Rating 8/10
Beaumont Middle School: GreatSchools Rating 5/10
Paul Laurence Dunbar High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 4240 Texas Ln has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 4240 Texas Ln is 1946.

Rocket Homes›Kentucky›Fayette County›Lexington›40513›4240 Texas Ln

This home is located at 4240 Texas Ln in Lexington, KY and zip code 40513 in the Little Texas neighborhood. This home, which was built in 1946, sits on a 0.42 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $250,000.

In September 2024 more than 45 listings in Lexington, KY were sold above the asking price. During the same period more than 64 listings were sold at asking price, while more than 140 were sold below. The number of homes for sale in Lexington, KY decreased by 0.8% between August 2024 and September 2024. The median list price of listings available in September 2024 was $322,809, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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