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.
| MLS # | 8415909 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 122 |
| Listing Provided By | Beycome Brokerage Realty LLC | Steve Koleno |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,008 |
| Story(s) | 2 |
| Acreage | 0.26 |
| Water Front | Yes |
| Property View | City |
| Interior Features | Ceiling-High, Entrance Foyer |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Built-In Electric Oven, Built-In Electric Range, Refrigerator |
| Fireplaces Total | 0 |
| Window Features | Wood Frames |
| Flooring | Carpet, Vinyl, Wood |
| Exterior Features | Exterior Steps |
|---|---|
| Roof | Composition, Shingle |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Corner Lot |
| Patio And Porch Features | Covered, Front Porch, Porch, Wrap Around |
| Fencing | Back Yard |
| Construction Materials | Clapboard, Wood Siding |
| Security Features | Security Lights, Smoke Detector(s) |
| Parking Features | None |
|---|---|
| Garage Spaces | 0 |
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 5357 |
|---|
| State | TX |
|---|---|
| County | Lee |
| City | Giddings |
| Zip Code | 78942 |
| Area | LC |
| Community Name | Ot Giddings |
| School District | Giddings ISD |
| Elementary School | Giddings |
| High School | Giddings |
| Listing VS Median (in Ot Giddings) | |
Price: $265,000 low | high Med: $203,000 sqft: 3,008 low | high Med: 1,046 $ / sqft: $88 low | high Med: $194 On site: 122 low | high Med: 187 | |
| State | TX |
|---|---|
| County | Lee |
| City | Giddings |
| Zip Code | 78942 |
| Area | LC |
| Community Name | Ot Giddings |
| School District | Giddings ISD |
| Elementary School | Giddings |
| High School | Giddings |
| Listing VS Median (in Ot Giddings) | |
Price: $265,000 low | high Med: $203,000 sqft: 3,008 low | high Med: 1,046 $ / sqft: $88 low | high Med: $194 On site: 122 low | high Med: 187 | |