Active Under Contract

1148 Old Nails Creek Road

Giddings, TX 78942
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Bed 1

Bed

Bath 1

Bath

SqFt942

Sqft

Acres0.60

Acre(Lot)

**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 additio nal 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.

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Detail Ic Property Details

Property Type : Residential

Price : $90,000

AD Id : 75691741

MLS Id : 7886609

Beds : 1

Lot Size : 0.60 Acre

Living Area Size : 942

Year Built : 1962

Garage : 2

County : Lee

Subdivision: Evergreen Estates

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Shingle

    Flooring Information

    Linoleum, Wood
  • Interior Features

    MainLevelPrimary
    Roof: Shingle
    Appliances: ElectricRange, GasWaterHeater, Refrigerator
    Laundry Features: MainLevel
  • Heating & Cooling

    Heating: None Has Cooling: Yes

  • Building Information

    Year Built: 1962
    Construction Materials: WoodSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: Neighborhood
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 0.6 Lot Size Acres: 0.6 Lot Description: BackYard,FrontYard,FewTrees

    Property Information

    Subdivision: A267 REID, S. H. Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: Northwest Levels: One Property Age: 64

  • Listing Price Information

    Listing Price: $90000
    Cash

  • Tax Information

    Parcel Number: 186784 Tax Lot: TRACT C029 Tax Year: 2025 Annual Tax: $409.11 Tax Legal Desc: A267 REID, S. H., TRACT C029, ACRES 0.6, UNDIVIDED INTEREST 50.0000000000%

  • Parking Information

    Covered, Detached, GarageFacesFront, Garage

    Garage Information

    Garage Space: 2

  • School Information

    Elementary School: Giddings Junior High School: Giddings Senior High School: Giddings
  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3210 County Rd 226, Giddings, TX, 78942 $298,000 3 2 2,470 2 Acres
3210 County Road 226, Giddings, TX, 78942 $490,000 3 2 2,470 10.12 Acres
1102 Private Road 2332, Giddings, TX, 78942 $719,900 5 4 4,467 --
1102 Private Road 2332, Giddings, TX, 78942 $719,900 5 4 4,467 10 Acres
3345 E Austin Street, Giddings, TX, 78942 $849,900 7 5 6,743 6.67 Acres
350 Owl Creek Road, Giddings, TX, 78942 $625,000 4 2 2,458 4 Acres
2205 S Us Highway 77, Giddings, TX, 78942 $695,000 3 4 2,503 6.79 Acres
450 Biscayne Street, Giddings, TX, 78942 $259,000 3 2 1,438 0.17 Acre
487 Edgewood Avenue, Giddings, TX, 78942 $299,000 3 3 2,066 0.26 Acre
380 S Wilson Avenue, Giddings, TX, 78942 $274,000 4 3 2,812 0.29 Acre

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/01/2026 @ 14:05

MLS: 7886609 LISTED BY: Laura Wiggins, All City Real Estate Ltd. Co 866-277-6005 SOURCE: ACTRIS

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