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 #8415909
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. Buyer to verify all information including condition, rents, and square footage. NOTES: Unit C (upstairs) is vacant. Units A and B are tenant occupied. Please do not contact the tenants.
Property Features
Location Information
County
Lee
Subdivision
Ot Giddings
County
Lee
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.
Area
LC
Interior Features
Interior
Entrance Foyer, High Ceilings
Laundry
Laundry Room, In Unit, Multiple Locations
Full Baths
3
Disabled Features
None
Number of Fireplaces
0
Appliances
Built-In Electric Oven, Built-In Electric Range, Refrigerator
Heating
Central
Accessibility
None
Floors
Carpet, Vinyl, Wood
Exterior Features
Style
Clapboard, Wood Siding
Parking Description
None
Stories
2
Garage Spaces
0
Is New Construction
No
Fencing
Back Yard
Construction/Exterior
Clapboard, Wood Siding
Lot Size in Acres
0.264
Exterior
Exterior Steps
Waterfront Description
None
Foundation
Pillar/Post/Pier
Has Waterfront
No
Possession
Negotiable
Has View
Yes
Water / Sewer
Public Sewer
View
City
Water
Public
School
Elementary School District
Giddings ISD
Middle School
Giddings
Elementary School
Giddings
High School
Giddings
Additional Information
Roof/Attic
Composition, Shingle
APN
10962
Other Utilities
See Remarks
Status
Active
Property Type
SFR
Documents Available
See Remarks
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1936
Similar Listings
Mortgage Calculator
$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
Walk Score
Real Estate IDX Powered by iHomefinder