Lexington Homes under $200,000

Lexington Homes under $200,000

Welcome to Lexington, North Carolina, a charming city nestled in Davidson County, where Southern hospitality meets vibrant community living. Known for its rich history and barbecue heritage, Lexington offers a unique blend of small-town charm and modern conveniences, making it an ideal place to call home.

As you explore the real estate market in Lexington, you'll discover an array of affordable homes under $200,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, this city provides a variety of options that cater to diverse lifestyles and budgets. From cozy bungalows to spacious ranch-style homes, each property reflects the warm character of this inviting community.

Living in Lexington means enjoying the best of both worlds: a peaceful suburban atmosphere with easy access to urban amenities. Spend your weekends exploring the picturesque downtown area, filled with local shops, delightful eateries, and cultural attractions. Outdoor enthusiasts will appreciate the nearby parks and recreational areas, perfect for hiking, picnicking, or simply soaking in the natural beauty of the region.

Lexington is also conveniently located near major highways, making it easy to commute to nearby cities while still enjoying the tranquility of small-town life. With its affordable housing market, friendly neighbors, and a strong sense of community, Lexington is a fantastic choice for anyone looking to plant their roots in North Carolina.

Discover your dream home in Lexington today, where comfort, affordability, and community spirit await!

Newest Lexington Homes under $200,000

204 Shoaf Street, Lexington
$143,000
3 Beds ⋅ 1 Baths ⋅ 1241565 MLS
Great opportunity for investor or new owner who wants to manage own rehab/remodel. This home needs some revitalization, but it has a lot of potential! 3 bedrooms, hardwood flooring, newer double-pane windows, newer water heater, attached garage, wired workshop, garden space and fenced yard! Seller is leaving refrigerator, microwave, washer and dryer. Seller has never lived in house or used any of the utilities or appliances; all info to be verified by Buyer. Motivated Seller is including $14,000 allowance at closing to make repairs including paint, refinish floors and add new HVAC. House is for sale "AS IS". Tax Value and Tax are for 2025; will update as soon as we have 2026/2027 revaluation.

204 Shoaf Street, Lexington
111 Cotton Grove Road, Lexington
$165,000
2 Beds ⋅ 2 Baths ⋅ 1241131 MLS
new construction 2-bedroom, 2-bathroom home built with a functional, open-concept layout. Inside, vaulted ceilings, energy-efficient windows, and luxury vinyl plank flooring run throughout. The kitchen features quartz countertops and soft-close cabinets. Situated at the end of a dead-end road with no HOA, this property offers quiet living minutes from Lexington dining, shops, and highways. Perfect for a buyer looking for a low-maintenance primary home, an investor expanding a rental portfolio, or an Airbnb setup.

111 Cotton Grove Road, Lexington
107 Cotton Grove Road, Lexington
$165,000
2 Beds ⋅ 2 Baths ⋅ 1241130 MLS
new construction 2-bedroom, 2-bathroom home built with a functional, open-concept layout. Inside, vaulted ceilings, energy-efficient windows, and luxury vinyl plank flooring run throughout. The kitchen features quartz countertops and soft-close cabinets. Situated at the end of a dead-end road with no HOA, this property offers quiet living minutes from Lexington dining, shops, and highways. Perfect for a buyer looking for a low-maintenance primary home, an investor expanding a rental portfolio, or an Airbnb setup.

107 Cotton Grove Road, Lexington
150 Star Drive, Lexington
$79,900
3 Beds ⋅ 1 Baths ⋅ 1240327 MLS
Calling all investors and savvy buyers! This 1-story, 3-bedroom, 1-bath home in Lexington, NC offers about 1,206 sq ft on a generous .41-acre lot with several outbuildings. Built in 1953, it needs repairs and a full clean-out, a true blank canvas for a flip or renovation. Sold strictly AS-IS. Some floors have weak spots, so use caution. Cash or conventional offers welcome. No septic tank located; buyer to verify septic. Public water. Bring your contractor! CAUTION: Enter at your own risk. Property is sold AS-IS and some floors have weak spots. Use extreme caution and watch your step.

150 Star Drive, Lexington
5662 Old Salisbury Road, Lexington
$199,900
3 Beds ⋅ 2 Baths ⋅ 1240370 MLS
Fully Renovated 3-Bedroom Home on 0.71 Acre! Move-in ready and beautifully updated, this 3-bedroom, 2-bath home offers a fresh, modern feel throughout. New HVAC installed in 2026. The kitchen, bathrooms, bedrooms, and living areas have all been renovated with new fixtures and finishes, leaving nothing left to do but move in and enjoy. Enjoy the convenience of single-level living, along with a inviting front porch, patio, paved driveway, and detached storage building with plenty of potential for a workshop, lawn equipment, or additional storage. Located in the peaceful Tyro community just outside Lexington city limits, this property offers a rural setting with convenient access to I-85, Lexington, and Salisbury. No HOA and no city taxes make this property even more appealing! A great opportunity to enjoy updated living with room to spread out.

5662 Old Salisbury Road, Lexington
233 Green Needles Drive, Lexington
$165,000
3 Beds ⋅ 2 Baths ⋅ 1240129 MLS
Conveniently located minutes from Downtown Lexington this three-bedroom two bath home is waiting on you to add your special touch. Owners started doing some updated with new 16x21 rear deck. Three covered porches, detached garage, large, detached storage building could be a workshop. Most of the back yard has been fenced.

233 Green Needles Drive, Lexington
123 Park Circle, Lexington
$135,000
2 Beds ⋅ 1 Baths ⋅ 1239109 MLS
Picture yourself coming home to a little piece of history! Nestled in Lexington’s historic Erlanger Mill Village, this bungalow brings old-fashioned charm to everyday living. The tree-lined streets set the scene, but the alley behind the home is something special. With its storybook feel, partial fencing, and a second entry into the home, it’s the kind of detail that makes you stop and imagine the possibilities. Take a stroll to the neighborhood park, spend an afternoon exploring downtown Lexington, grab a bite at a local restaurant, or enjoy the convenience of nearby shopping and easy highway access for your daily commute. Whether you’re looking to put down roots in your first home or add a property with character to your investment portfolio, this one deserves a spot on your list! History, charm, and a setting you won’t find just anywhere. Don't wait to see it for yourself!!

123 Park Circle, Lexington
301 Dixie Street, Lexington
$159,900
2 Beds ⋅ 1 Baths ⋅ 1238904 MLS
Adorable, move-in ready two bedroom/one bath home located in the center of Lexington. Great home for a first time home buyer or an investor. New paint, new flooring, new HVAC, and new water heater within the last year. Great front porch and spacious backyard! Close to shopping, restaurants, and highways! You don't want to miss this opportunity!

301 Dixie Street, Lexington
323 E 3Rd Ave Extension, Lexington
$120,000
4 Beds ⋅ 1 Baths ⋅ 1238746 MLS
Are you looking for your next Investment property? Well, this one just might be the one you're looking for. With A little over 1400 ft.² available for you to bring your creativity, vision and style . Situated in the heart of Lexington you will find the unbeatable convenience of this location is a huge plus to this property. With restaurants, shopping, grocery stores, cozy coffee shops and a nearby neighborhood park just minutes away it would be a wonderful attraction for anyone. Being sold as is giving you the freedom to customize every finish to today's market standards. Don't miss out on this fantastic project with incredible upside. Contact us today for more details.

323 E 3Rd Ave Extension, Lexington
230 Vance Street, Lexington
$85,000
4 Beds ⋅ 2 Baths ⋅ 1238599 MLS
Investor Special with Tons of Potential! Bring your vision to this charming 1920s Lexington home with renovations already underway, giving you a head start on transforming this property into something special. Whether you're an investor looking for your next project or a buyer ready to create a home tailored to your style, the possibilities are endless. Bring your ideas and submit your offer—all offers welcome!

230 Vance Street, Lexington
202 E 4th Street, Lexington
$174,900
3 Beds ⋅ 2 Baths ⋅ 1238603 MLS
Welcome Home to a charming light brick home that invites you to settle in and stay awhile. The open living area offers a welcoming place to gather, while the kitchen shines with updated cabinets, granite countertops, and tile floors. A tile tub surround adds a beautiful finishing touch in the bathroom, and a new HVAC system brings comfort throughout the year. Spend a quiet morning on the rear deck or front porch, then head out to enjoy the charm of downtown Lexington, with its local shops, restaurants, and welcoming small-town atmosphere. With a one-car carport and thoughtful updates already in place, this home is ready for you to make it your own.

202 E 4th Street, Lexington
410 Rosewood Drive, Lexington
$149,000
2 Beds ⋅ 1 Baths ⋅ 1238093 MLS
This cozy Lexington home offers comfortable one-level living and plenty of charm. Featuring 2 bedrooms and 1 full bathroom, this home offers a welcoming layout with a spacious kitchen and comfortable living area filled with natural light. Enjoy your morning coffee on the inviting front porch or step out back to the deck, perfect for relaxing or enjoying time outdoors. Conveniently located near shopping, dining, and major roadways, this home is a great opportunity for a first-time buyer, downsizer, or investor. Come take a look and see all this home has to offer!

410 Rosewood Drive, Lexington
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