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Giddings · A267 REID, S. H.

$90,000 239 days on market

Reduced from $130,000 · −30.8%

1148 Old Nails Creek Rd, Giddings, TX 78942

  • 1bedrooms
  • 1bathrooms
  • 942sqft
  • 0.60acres
  • 1962year built

About this home

**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
Levels
One
Year built
1962
Lot size
0.60 acres
Subdivision
A267 REID, S. H.
MLS #
ACT7886609

Inside

Bedrooms
1
Bathrooms
1
Living area
942 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Giddings
High school
Giddings
District
Giddings ISD

Costs

Est. annual taxes
$5,242 (2025)

Listing

First listed
Feb 26, 2026
Days listed
239
Original price
$130,000
Status
Active Under Contract

Listed by Laura Wiggins, All City Real Estate Ltd. Co · [email protected] · MLS# ACT7886609 · Active Under Contract

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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