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
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Total monthly
- Principal & interest
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- Property tax
- $0
- Insurance
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- HOA
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- Loan amount
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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.
