$265,000
 $1,423 est/mo Sourced by Back At You

615 E Washington Street,Giddings, TX 78942

Giddings, TX 78942

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Description

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.

Details

MLS #20055346
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1936
Days On Site122
Listing Provided ByBeycome Brokerage Realty, LLC | Steven Koleno

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet3,008
Story(s)2
Acreage0.26

Exterior

Lot FeaturesOther

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount5357

Area Information

StateTX
CountyLee
CityGiddings
Zip Code78942
Area70
Community NameOt Giddings
Listing VS Median (in Ot Giddings)
Price:
$265,000
low | high
Med:
$235,000
61.320754716981% of Average
sqft:
3,008
low | high
Med:
2,256
75% of Average
$ / sqft:
$88
low | high
Med:
$112
22.641509433962% of Average
On site:
122
low | high
Med:
98.5
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyLee
CityGiddings
Zip Code78942
Area70
Community NameOt Giddings
Listing VS Median (in Ot Giddings)
Price:
$265,000
low | high
Med:
$235,000
61.320754716981% of Average
sqft:
3,008
low | high
Med:
2,256
75% of Average
$ / sqft:
$88
low | high
Med:
$112
22.641509433962% of Average
On site:
122
low | high
Med:
98.5
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 6:56:24 PM PDT
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