$90,000
 $483 est/mo Sourced by Back At You

1148 Old Nails Creek Rd,Giddings, TX 78942

Giddings, TX 78942

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Description

**Investor opportunity with exceptional upside!** Situated on more than 0.6 acres inside the Giddings city limits, this property offers the infrastructure and flexibility investors are looking for, including city water, sewer, electricity, and a 24' x 30' detached two-car garage/workshop complete with an office and bathroom.The existing home is being sold **as-is** and is ready for renovation, making it an ideal fix-and-flip, long-term rental, or value-add investment. The spacious, fenced lot with mature trees provides ample room for future improvements, additional outdoor amenities, or redevelopment, subject to applicable city requirements.An adjacent lot with a separate tax ID is also available for purchase, creating the opportunity to expand your investment footprint or pursue additional development potential. Purchase both properties together and receive **$5,000 off each property** for a total savings of **$10,000**.**Can't quite see the potential?** The listing includes AI-generated concept images to help illustrate what this property could look like after renovation and staging. Compare the current condition with inspiring design concepts and discover the possibilities this diamond in the rough has to offer. The renderings are provided for visualization purposes only and do not represent the property's current condition or guarantee future results.Properties offering this combination of in-town acreage, existing utilities, a versatile workshop, and room to add value are becoming increasingly difficult to find. Whether you're an investor, builder, or entrepreneur, this is your opportunity to bring your vision to life.Buyer to verify all information, including square footage, lot size, utilities, restrictions, zoning, and intended use.

Details

MLS #7886609
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1962
Days On Site185
Listing Provided ByAll City Real Estate Ltd. Co | Laura Wiggins

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet942
Garage2
Story(s)1
Acreage0.60
Water FrontYes
Property ViewNeighborhood

Interior

Interior FeaturesPrimary Bedroom on Main
CoolingWall/Window Unit(s)
HeatingNone
AppliancesElectric Range, Refrigerator, Water Heater
Fireplaces Total0
Window FeaturesNone
FlooringLinoleum, Wood

Exterior

Exterior FeaturesRain Gutters
RoofShingle
Foundation DetailsPillar/Post/Pier
Lot FeaturesBack Yard, Few Trees, Front Yard
Patio And Porch FeaturesFront Porch, Rear Porch
FencingBack Yard, Chain Link
Construction MaterialsWood Siding

Parking

Parking FeaturesCovered, Detached, Garage, Garage Faces Front
Garage Spaces2

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property409

Area Information

StateTX
CountyLee
CityGiddings
Zip Code78942
AreaLC
Community NameA267 REID, S. H.
School DistrictGiddings ISD
Elementary SchoolGiddings
High SchoolGiddings
Listing VS Median (in A267 REID, S. H.)
Price:
$90,000
low | high
Med:
$0
On site:
185
low | high
Med:
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 30, 2026 at 6:20:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyLee
CityGiddings
Zip Code78942
AreaLC
Community NameA267 REID, S. H.
School DistrictGiddings ISD
Elementary SchoolGiddings
High SchoolGiddings
Listing VS Median (in A267 REID, S. H.)
Price:
$90,000
low | high
Med:
$0
On site:
185
low | high
Med:
Sourced by Back At You
Listing Updated: August 21, 2026 at 2:05:55 PM PDT
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