Lexington Homes under $500,000

Lexington Homes under $500,000

Welcome to Lexington, Missouri, a charming city nestled in the heart of Lafayette County, where community spirit meets educational excellence. Lexington is not just known for its picturesque landscapes and rich history; it also boasts a highly regarded school district that prioritizes the academic and personal growth of its students. The Lexington School District is committed to fostering a nurturing environment that encourages creativity, critical thinking, and collaboration among students. With dedicated educators and a variety of extracurricular activities, families can feel confident that their children are receiving a well-rounded education.

For those considering a move to this delightful area, you’ll be pleased to discover that Lexington offers a range of beautiful homes priced under $500,000. Whether you’re a first-time homebuyer or looking to upgrade, there’s something for everyone in this vibrant community. From charming historic houses to modern family homes, the real estate options are diverse and appealing. Many of these homes are located within proximity to schools, parks, and local amenities, making it easy for families to enjoy all that Lexington has to offer.

In addition to its excellent schools, Lexington is rich in recreational activities, including parks, walking trails, and community events that bring neighbors together. With its friendly atmosphere, affordable housing, and strong educational foundation, Lexington, MO, is the perfect place to plant your roots and create lasting memories. Come explore the possibilities and discover why this delightful town is the ideal place to call home!

Newest Lexington Homes under $500,000

1619 State Street, Lexington
$228,000
2 Beds ⋅ 2 Baths
A Victorian Charmer With the Kind of Curb Appeal That Stops You in Your Tracks! Some homes make a first impression. 1619 State Street makes a statement. Beautifully positioned on a huge corner lot, this Victorian charmer captures the timeless appeal of a classic home with its distinctive character, welcoming porches, and undeniable street presence. Step inside and discover a rare combination of historic charm and easy ONE-LEVEL living. Original architectural details remain throughout, including beautiful transoms and classic Victorian casework, offering an authentic glimpse into the home's past. Original wood flooring, complemented by oak flooring throughout the home, adds warmth, character, and a timeless foundation to the living spaces. The spacious layout includes a generously sized formal dining room, made for holiday dinners, celebrations, and gathering around the table with family and friends. With two full bathrooms and modern appliances in the kitchen, the home delivers the functionality and convenience today's buyers are looking for without sacrificing its historic personality. The charm continues outdoors, where the property truly shines. A fenced backyard, two porches, fire pit, and an expansive screened-in porch create a collection of inviting spaces for morning coffee, weekend gatherings, outdoor dinners, or relaxing evenings at home. Behind all that character comes valuable peace of mind, with the roof and major mechanical systems all 8 years old or newer. With its exceptional curb appeal, authentic Victorian details, one-level living, oversized corner lot, and incredible outdoor living spaces, 1619 State Street offers something increasingly hard to find: a home with genuine personality, beautifully preserved character, and the practicality to fit today's lifestyle. Come for the charm. Stay for the lifestyle.

1619 State Street, Lexington

Listing courtesy of Larry Thomas of Keller Williams Platinum Prtnr.

12692 Elm Park Road, Lexington
$500,000
3 Beds ⋅ 2.5 Baths
Country living meets comfortable elegance! This beautiful all brick ranch home offers 3 bedrooms, 2.5 baths, a 2-car garage, and 4.72 ACRES of peaceful countryside. Approximately two-thirds of the property is wooded, providing privacy and a natural setting filled with wildlife, perfect for those who enjoy hunting, gardening, exploring, or simply relaxing outdoors. Inside, the vaulted-ceiling living room provides a spacious gathering area with beautiful views overlooking the saltwater inground pool and patio. The thoughtfully designed floor plan offers two fireplaces, a cozy hearth room, a separate sitting room, and a formal dining room. The kitchen features custom cabinetry and granite countertops, creating a functional and inviting space for everyday living or entertaining. The mostly finished basement adds even more versatility with a second kitchen and half bath, with plumbing already in place to convert the half bath to a full bath if desired. Whether you need additional living space, a recreation area, guest accommodations, or a private entertaining space, the possibilities are plentiful. Step outside to enjoy the beautifully landscaped pool and patio area, surrounded by an abundance of shrubs, flowers, and mature plantings. With nearly 5 acres, a wooded backdrop, abundant wildlife, and plenty of room to enjoy the outdoors, this property offers a rare combination of comfort, recreation, and privacy; all in one exceptional setting. Outbuilding is not part of the property.

12692 Elm Park Road, Lexington

Listing courtesy of Harley Amos Todd of Heritage Realty.

1321 South Street, Lexington
$242,000
6 Beds ⋅ 4.5 Baths
Imagine celebrating Thanksgiving and Christmas in an HISTORIC HOME! This 4422 square foot brick CHARMER with 6 bedrooms, 4 full and 1 half bathrooms has so much to offer. The historic elements remain, as there are multiple pocket doors and much of the original trim and doors throughout. There are also three staircases, one on each side and one in the back that connects the top floor to the kitchen. It was most recently used as a bed and breakfast, and the interior rooms remain divided to accommodate that layout. It was also once configured as a DUPLEX, and as such, there are two fully functional kitchens on the first floor. You could easily live on one side and rent out the other side, or it could be an ideal mother-in-law quarters. You could also open up all the rooms and let your large family enjoy the space! There are two small fireplaces, one in the living room and one in the formal dining room, and both use electric inserts that stay with the house. The exterior includes a detached two-car garage and a large shed/barn ideal for storage or a workshop. The backyard is quite sizable with lots of room for the kids or pets to play, and there are three screened-in porches to enjoy as well. This home is also fully furnished, with everything staying inside. There are so many possibilities with this historic gem, and at $54 per square foot, you should plan on taking a look quickly.

1321 South Street, Lexington

Listing courtesy of Larry Thomas of Keller Williams Platinum Prtnr.

Start Your Search

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use