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2863 Our Tibbs Trl, Lexington, KY, 40511

4beds
4baths
3,183sqft
$425,000
$134price/sqft
$3,030/moest. monthly cost
$121,200/yrincome needed

About This Home

Find peace in one of Lexington's fastest-growing areas with the space, flexibility, and location today's buyers are searching for. This spacious 4 bedroom, 4 bath home in Masterson Station offers an open-concept layout designed for both everyday living and entertaining, featuring a large living area, breakfast bar, dining space, and seamless flow throughout the main level. A second living area off the entry creates the perfect flex space for a home office, playroom, sitting room, or study. The spacious primary suite includes an updated en-suite bath and walk-in closet. The finished walkout basement significantly expands the living space with endless options for movie nights, guests, hobbies, fitness, or game-day gatherings. Outside, enjoy a fenced backyard with room to relax, entertain, or play. Located within walking distance to Sandersville Elementary and just minutes from Downtown Lexington, the Kentucky Horse Park, I-64/I-75, shopping, dining, and New Circle Road, this home offers the combination of space, convenience, and lifestyle that continues to make Masterson Station one of Lexington's most desirable neighborhoods.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
6/10
Leestown Middle SchoolGrades 6-82.1 mi
3/10
Bryan Station High SchoolGrades 9-124.9 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Concrete Perimeter
  • Roof: Dimensional Style
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Disposal,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup,Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Walk-In Closet(s)
  • Window features: Insulated Windows,Window Treatments,Blinds
  • Flooring: Carpet,Tile
  • Finished area below ground: 840
  • Finished area above ground: 2,343

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 3,183
  • Total interior livable area: 3,183 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 38271750

Features

  • Levels: Two
  • Fencing: Privacy,Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,617 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Hail
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$176$2,112
Property Taxes $454$5,448
Electricity $251$3,016
Total$3,030$36,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,885/yr
40% on housing$90,900/yr
45% on housing$80,800/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 40511$528
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40511$180
Fayette County$186

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Listed for sale$449,000
2021-10-28Sold$310,000
2021-09-27Pending sale$287,500
2021-09-24Listed for sale$287,500
2021-05-04Sold$273,541
2021-01-14Listing removed--
2020-11-30Pending sale$273,541
2020-11-03Price change$273,541
2020-10-16Listed for sale$268,541

For Sale by Agent

AgentRyan O'Gara
BrokerageReal Broker, LLC

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