615 E Washington St

Giddings, TX
$ 265,000 Beds 4 Baths 3 Sq 3,008
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 265,000
  • City
  • Giddings
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • LEE
  • Half Bathrooms
  • 0
  • Area
  • LC
  • Lot Size
  • 0.264 Acres
  • Zip
  • 78942
  • Sqr Footage
  • 3,008
  • Year Built
  • 1936
  • Taxes
  • $ 5690
  • Style
  • Single Family Residence
  • MLS#
  • 8415909
Listed By: Beycome Brokerage Realty LLC;
Data Source: Austin Board of REALTORS® (ABOR) as distributed by MLS GRID

Features

General

Living Area 3008
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities See Remarks
Roof Composition,Shingle
Appliances Built-In Electric Oven,Built-In Electric Range,Refrigerator
Patio/Porch Features Covered,Front Porch,Porch,Wrap Around
Pool Features None
Security Features Security Lights,Smoke Detector(s)
Construction Materials Clapboard,Wood Siding
Year Built 1936
View City
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Lee
New Construction No
Property Type Residential
HOA No
Energy Efficient None
Subdivision Name Ot Giddings
Facing Direction Southwest
Green Sustainability None
Other Structures None
Full Baths 3
Status Active
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.
High School Giddings
City Giddings
Disclosures Lead Base Paint Addendum,Seller Disclosure
MLS Area LC
Lot Size Square Feet 11499.84
Elementary School Giddings
Tax Annual Amount 5357.3
Middle/Junior High School Giddings
Property Condition Historic Design
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 276580

Interior Features

Interior Amenities Ceiling-High,Entrance Foyer
Flooring Carpet,Vinyl,Wood
Window Features Wood Frames
Total Bedrooms 4
Main Level Bedrooms 2
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Exterior Steps
Fencing Back Yard
Parking Features None
Lot Features Corner Lot
Water Source Public
Foundation Details Pillar/Post/Pier
Lot Size Acres 0.264
Waterfront Y/N No
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Austin, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Giddings Elementary School
Middle School Giddings Middle School
High School Giddings High School

Price History

4/29/2026 Listed $265,000

Property vs Zip Code Average in 78942

Price
AVG $480K
$270K
Taxes
AVG $4,429
$5,690
Year Built
AVG 1981
1936
Visits
AVG 123
179
Data Provided by Inside Real Estate®

Areas That We Cover

615 E Washington St Giddings, TX is a Single Family Home for sale at $265000 with 3008 sqft and a lot size of 0.264 Acres Acre(s). 615 E Washington St Giddings has 4 bedrooms, 3 baths and was built in 1936. The property's zip code is 78942 which is in Giddings, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.