615 E Washington ST — photo 1
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$265,000

615 E Washington ST, Giddings TX 78942

4 bd·3 ba·3,008 sqft·$88/sqft

MLS #241531692 · Beycome Brokerage Realty LLC · Steve Koleno

Market insights

Compared with 33 active homes in ZIP 78942 · HomeLocating listings

Area median price
$329,000
This home vs. median
19% below
Homes with a price cut
12%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1936
Full baths
3
Lot size
0.264
Subdivision
Ot Giddings
MLS area
LC
MLS #
241531692

Features

Interior features

  • High Ceilings
  • Entrance Foyer

Exterior features

  • Exterior Steps

Additional details

Parking
None
Garage spaces
0
Roof
Composition, Shingle
Foundation
Pillar/Post/Pier
Annual tax
$5,357

Schools

Assigned schools per the MLS.

School district
Giddings ISD
Elementary
Giddings
Middle
Giddings
High
Giddings

About this home

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

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Listing courtesy of Beycome Brokerage Realty LLC · Steve Koleno

Listing data last updated Aug 1, 2026, 11:46 AM

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