615 Washington

Giddings, TX 78942 · Lee County

$265,000Price
4Beds
615 Washington
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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.   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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT228022588
Taxes$5,357 (2025) / year
TypeResidential
Year Built1936
Lot Size0.26 AC / 11,499 SF
CountyLee
SubdivisionOt Giddings

Property Information

Interior

Ceiling-HighEntrance Foyer

Exterior

Exterior Steps

Appliances

Built-In Electric OvenBuilt-In Electric RangeRefrigerator

Community

None

Parking

None

Utilities & Construction

Heat: CentralAC: Central AirCarpet, Vinyl, WoodRoof: Composition, ShingleFoundation: Pillar/Post/Pier
🏊 Pool

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.

Location

Property History

DateEventPrice
May 18, 2026 Listed (Active) · MLS# ACT228022588 $265,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$5,357
Year Built1936
Beds4
Lot Size11,499 Sq. Ft.
StyleResidential
CountyLEE
MLS #ACT228022588

Schools

E
Giddings
Public · Elementary · Serves this home
M
Giddings
Public · Middle School · Serves this home
H
Giddings
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$265,000
615 Washington, Giddings, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.