Lexington Homes under $250,000

Lexington Homes under $250,000

Welcome to Lexington, Kentucky—an enchanting city that beautifully blends Southern charm with modern conveniences. Nestled in Fayette County, Lexington is renowned as the "Horse Capital of the World," showcasing its rich equestrian heritage through stunning horse farms, picturesque landscapes, and the famous Kentucky Horse Park. This vibrant city is also home to an array of cultural attractions, including the historic Mary Todd Lincoln House, the Lexington Opera House, and a thriving arts scene that captivates residents and visitors alike.

For those seeking a home in this delightful city without breaking the bank, Lexington offers an array of charming properties under $250,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that fit your needs. From cozy bungalows in established neighborhoods to modern townhomes with contemporary finishes, Lexington's real estate market is diverse and inviting.

Living in Lexington means enjoying a unique blend of urban amenities and serene suburban life. The city boasts excellent schools, beautiful parks, and a vibrant dining scene that showcases the best of Southern cuisine. With easy access to major highways, commuting to nearby cities is a breeze, making Lexington an ideal location for professionals and families alike.

Discover the charm of Lexington, KY, and explore the incredible homes available under $250,000. Your dream home awaits in this captivating city where history, culture, and community come together to create the perfect place to call home.

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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