615 E Washington ST, Giddings, TX 78942
MLS #248706907 · Beycome Brokerage Realty LLC · Steve Koleno
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.
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 #
- 248706907
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
Location
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Schools
Assigned schools per the MLS.
- School district
- Giddings ISD
- Elementary
- Giddings
- Middle
- Giddings
- High
- Giddings
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Getting around
- Downtown Austin
- 48.8 mi
- Austin-Bergstrom Airport
- 43.9 mi
Straight-line distance, not drive time.
Market insights
Compared with 50 active homes in ZIP 78942 · HomeLocating listings
At $265,000, this home is priced 20% below the $331,500 median across 50 active homes in ZIP 78942.
Estimated monthly payment
Home price
$265,000
Down payment
20% ($53,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Beycome Brokerage Realty LLC · Steve Koleno
Listing data last updated Oct 16, 2026, 11:46 PM
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