615 E WASHINGTON STREET, GIDDINGS, TX 78942
Homes for sale in Giddings.
Homes for sale in 78942.
615 E Washington Street
Giddings, TX 78942
List Price$265,000
Listing #20055346
4
Bedrooms
3 full
Bathrooms
3,008
Square Feet
House
Type
About This Property
Investor opportunity in the heart of Giddings TX featuring a well-located 3-unit property with strong income potential and value-add upside. Two of the three units have been significantly renovated, offering updated interiors that are attractive to tenants and help support current market rents. The third unit (Unit B) is occupied by a long-term tenant of over 20 years and is in fair condition, presenting a clear opportunity for future renovation and rent growth once vacated. This setup provides a desirable mix of immediate cash flow with built-in upside for investors seeking to increase returns over time. County records indicates the property was built in 1936, and it reflects a combination of classic construction with selective modern updates. Great for investors looking for a stabilized asset with additional value-add potential. Conveniently located in the center of town, with access to local amenities, employment, and commuter routes.
Virtual Tour
Property Features
Location Information
County
Lee
Subdivision
Ot Giddings
Latitude
30.185845
Directions
Drive east on US 290/East Austin St. Left to North Harris St. Right to East Washington St. Property is on the left. Thank you.
Longitude
-96.930978
Interior Features
Room Descriptions
12x12 Bedroom, 12x12 Bedroom, 12x12 Bedroom, 12x15 Primary Bedroom
Exterior Features
Style
Other
Has a Pool
No
Stories
2
Acre Range
0 Up To 1/4 Acre
Is New Construction
No
Lot Description
Other
Construction
Other
Lot Size in Acres
0.26
Has Garage
No
Lot Size in Sq. Ft.
11,500
Garage Spaces
0
Is One Story
No
School
School District
Giddings
Middle School
GIDDINGS MIDDLE SCHOOL
Elementary School
GIDDINGS ELEMENTARY SCHOOL
High School
GIDDINGS HIGH SCHOOL
Additional Information
Property Type
SFR
Year Built
1936
Property SubType
Detached
Status
Active
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$1,235
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$954
Monthly Tax
$220
Monthly Insurance
$61
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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