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Jody Mele

jodymelerealtor@gmail.com +1(972) 974-2102

$265,000

Est. payment - /mo

4 Beds

3 Baths

3,008 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $88

Subdivision Ot Giddings

MLS Listing ID 8415909

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1936

Annual Tax Amount $5,357

Tax Year 2025

Lot Size 0.264 Acres

Acres 0.264

Property Sub-Type Single Family Residence

Source actris

Property 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. 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.

Location

State TX

County Lee

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling-High, Entrance Foyer

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Fireplace No

Appliance Built-In Electric Oven, Built-In Electric Range, Refrigerator

Exterior

Exterior Feature Exterior Steps

Fence Back Yard

Pool None

Community Features None

Utilities Available See Remarks

Waterfront Description None

View City

Roof Type Composition,Shingle

Porch Covered, Front Porch, Porch, Wrap Around

Private Pool No

Building

Lot Description Corner Lot

Faces Southwest

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Clapboard,Wood Siding

New Construction No

Schools

Elementary Schools Giddings

Middle Schools Giddings

High Schools Giddings

School District Giddings Isd

Others

Special Listing Condition Standard

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Listed by Beycome Brokerage Realty LLC

NEARBY SCHOOL & BUSINESS

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Jody Mele

+1(972) 974-2102

Agent | License ID: 697238

Agent License ID: 697238

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615 E Washington ST Giddings, TX 78942

Jody Mele

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION