Lexington Homes under $250,000

Lexington Homes under $250,000

Welcome to Lexington, Kentucky – a vibrant city steeped in history and brimming with Southern charm. Known as the "Horse Capital of the World," Lexington is a delightful blend of urban sophistication and pastoral beauty. Nestled in Fayette County, this city is renowned for its picturesque landscapes, lush horse farms, and a rich cultural heritage that includes a thriving arts scene and a multitude of local festivals.

For those looking to call Lexington home, you’ll be pleased to know that the real estate market offers an array of options, especially for first-time buyers or those seeking affordable living. Homes under $250,000 are available, making it easier than ever to find your dream home without breaking the bank. From charming bungalows to cozy townhouses, there’s something for everyone in this welcoming community.

Imagine sipping sweet tea on your front porch while enjoying the serene views of rolling hills and horse pastures. Lexington’s neighborhoods are not only affordable but also boast excellent schools, parks, and a sense of community that makes you feel right at home. With easy access to downtown amenities, shopping, and dining, you’ll find that convenience is just around the corner.

Whether you’re looking for a starter home, a quaint retreat, or a place to settle down, Lexington offers a unique opportunity to invest in a thriving city with a rich cultural tapestry. Come explore the possibilities and discover why Lexington is the perfect place to plant your roots!

Newest Lexington Homes under $250,000

209 Simpson Ave Unit 208, Lexington
$237,000
3 Beds ⋅ 2 Baths ⋅ 26027129 MLS
Live where Lexington comes alive! Less than a mile from the University of Kentucky campus and just 1 mile from downtown Lexington, this 3-bedroom, 2-full-bath condo in Campus Downs puts you close to so much of Lexington. Kroger Field, Rupp Arena, W.T. Young Library, UK's medical, dental and pharmacy schools, and a neighborhood full of eateries are all nearby. Transylvania University is less than 2 miles away, and the University of Kentucky and St. Joseph hospitals are both nearby. Baptist Health Lexington is about 1.8 miles away. Inside, you'll find a comfortable open living and dining area with laminate flooring throughout the main living spaces. The kitchen has plenty of cabinet and counter space, a larger pantry cabinet, stainless steel appliances and a breakfast bar that opens to the dining area. The primary bedroom is a good size and features a large walk-in closet, with two additional bedrooms and a second full bath. A sliding door off the living room leads to a private balcony — a handy spot to step outside for some fresh air or enjoy your morning coffee. The HOA takes care of the exterior maintenance and snow removal, making life a little easier and leaving you less to worry about. With UK, Transylvania, downtown Lexington, Kroger Field, the Red Mile, major hospitals and plenty of places to eat all close by, this is a great opportunity to enjoy convenient Lexington living. Come take a look!

209 Simpson Ave Unit 208, Lexington

602 Freeman Dr, Lexington
$229,900
3 Beds ⋅ 1 Baths ⋅ 26026648 MLS
Welcome to 602 Freeman Drive, a charming 3-bedroom, 1-bathroom home that blends classic character with thoughtful updates and everyday functionality. Step inside to find the warmth and character of original hardwood flooring, complemented by updated LVP flooring in the living room and hallway. The inviting layout offers comfortable living spaces and a practical kitchen with updated tile flooring, along with a convenient combination laundry and pantry area featuring excellent storage. The bathroom offers a beautiful built-in vanity with a granite countertop and a convenient stand-up shower. The home's third bedroom provides flexibility to suit your needs and could easily function as a bedroom, home office, hobby room, or additional living space. Outside, enjoy the spacious, private backyard, offering a peaceful retreat for morning coffee, entertaining, or simply relaxing. The 1-car garage provides convenient parking and additional storage, with a dedicated area that would be perfect for a workshop or hobby bench. For added peace of mind, the home features a new Generac whole-home generator installed in Fall 2025. Nestled in the established Mary Todd / Thoroughbred neighborhood, this move-in ready property offers a versatile floor plan, desirable updates, and plenty of potential—whether you're looking for a comfortable starter home or a turnkey addition to your investment portfolio. Schedule your private tour today and come see all that 602 Freeman Drive has to offer!

602 Freeman Dr, Lexington

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