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541 W Short St APT 15, Lexington, KY, 40507

2beds
3baths
1,220sqft
$379,900
$311price/sqft
$2,560/moest. monthly cost
$102,400/yrincome needed

About This Home

Welcome to Opera House Square! A conveniently located gated community in Downtown Lexington located a short walking distance to some of the city's best shopping, dining and entertainment. This property offers a nice open first floor including a nice sized living area w/ gas fireplace, dining room, kitchen and powder room/laundry area including washer/dryer. The 2nd floor includes a nice master suite with full bath, guest bedroom and a full guest bathroom. In addition, this property offers a private patio and storage shed. HOA fees are very reasonable at $180.00 per month and includes common area maintenance of the complex. This property has a reserved spot #15 and plenty of guest parking. Set your showing today before it is too late!! **48 hour kickout clause**

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

5/10
5/10
Lexington Middle SchoolGrades 6-80.6 mi
10/10
Lafayette High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Dimensional Style,Shingle
  • Construction materials: Brick Veneer,Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Main Level,Washer Hookup

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • Entrance Foyer,Eat-in Kitchen,Ceiling Fan(s)
  • Window features: Blinds
  • Flooring: Carpet,Ceramic Tile,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Gas Starter,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,220

Foyer

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,220
  • Total interior livable area: 1,220 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Utility Room

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: 10003140

Features

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

Lot

  • Lot size: 2,369 sqft

Parking

  • Parking features: Off Street

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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $1,920$23,040
Home Insurance *$92$1,104
Property Taxes $394$4,728
Electricity $154$1,850
Total$2,560$30,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,771/yr
40% on housing$76,800/yr
45% on housing$68,266/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

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 40507$249
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40507$359
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
2026-06-15Listed for sale$379,900
2017-03-27Sold$221,001
2017-02-16Pending sale$220,000
2017-02-15Listed for sale$220,000
2012-06-13Sold$183,000
2012-04-19Listed for sale$184,500
2003-06-10Sold$129,000

For Sale by Agent

AgentColby W Davis
BrokerageERA Select Real Estate

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