1148 Old Nails Creek RD, Giddings, Texas, United States, 78942
90,000
Contingent
1
1
26,136
About the property:
**Investor opportunity with exceptional upside!** Situated on more than 0.6 acres inside the Giddings city limits, this property offers the infrastructure and flexibility investors are looking for, including city water, sewer, electricity, and a 24' x 30' detached two-car garage/workshop complete with an office and bathroom.
The existing home is being sold **as-is** and is ready for renovation, making it an ideal fix-and-flip, long-term rental, or value-add investment. The spacious, fenced lot with mature trees provides ample room for future improvements, additional outdoor amenities, or redevelopment, subject to applicable city requirements.
An adjacent lot with a separate tax ID is also available for purchase, creating the opportunity to expand your investment footprint or pursue additional development potential. Purchase both properties together and receive **$5,000 off each property** for a total savings of **$10,000**.
**Can't quite see the potential?** The listing includes AI-generated concept images to help illustrate what this property could look like after renovation and staging. Compare the current condition with inspiring design concepts and discover the possibilities this diamond in the rough has to offer. The renderings are provided for visualization purposes only and do not represent the property's current condition or guarantee future results.
Properties offering this combination of in-town acreage, existing utilities, a versatile workshop, and room to add value are becoming increasingly difficult to find. Whether you're an investor, builder, or entrepreneur, this is your opportunity to bring your vision to life.
Buyer to verify all information, including square footage, lot size, utilities, restrictions, zoning, and intended use.
- Property Type:
- Single Family Residence
- Status:
- Contingent
- House Style:
- Other
- Bedrooms:
- 1
- Bathrooms:
- 1
- Full Bathrooms:
- 1
- Acres:
- 0.6
- Square Feet:
- 942
- Area:
- LC
- Subdivision:
- A267 REID, S. H.
- Central A/C:
- Yes
- Central A C Details:
- Wall/Window Unit(s)
- Water:
- Public
- Garage And Parking:
- Covered, Detached, Garage, Garage Faces Front
- Exterior:
- Rain Gutters
- Interior Features:
- Primary Bedroom on Main
- Appliances:
- Electric Range, Refrigerator, Water Heater
- Sewer:
- Public Sewer
- Directions:
- From Hwy 290, turn north on Hwy 77, turn right on Independence St, turn left on N. Grimes, turn right on E. Boundary St, turn left on Old Nails Creek Rd. The house is on the right.
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Acreage:
- Yes
- Is Fenced:
- Yes
- Is Investment:
- Yes
- Is Workshop:
- Yes
- Annual Property Taxes:
- 409.11
- Listing ID:
- 7886609
Rooms
Dimensions
Brokered by:
All City Real Estate, Ltd. Co.
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