1148 Old Nails Creek Rd, Giddings, TX, 78942 - MLS# 7886609

$90,000

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Beds 1
Baths 1
Sqft 942
Acres 0.60
Property Type Home
Heating None
Parking Covered, Detached, Garage Faces Front, Garage
Year Built 1962
Stories 1
Cooling Wall/Window Unit(s)
Days on Market 232
Garages 2

About 1148 Old Nails Creek Rd

**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.

Location

Legal Description A267 REID, S. H., TRACT C029, ACRES 0.6, UNDIVIDED INTEREST 50.0000000000%
Address 1148 Old Nails Creek Rd
County Lee
City Giddings
Zip Code 78942
Subdivision A267 REID, S. H.
School District Giddings ISD
MLS Area LC

Size and Restrictions

Acres 0.60
Lot Description Back Yard, Front Yard, Few Trees
Horses Allowed No
$/Acre $150,000

Improvements

Parking Covered, Detached, Garage Faces Front, Garage
Garage Spaces 2
Fence Back Yard, Chain Link
Exterior Features Rain Gutters

Features

View Neighborhood
Water Access None

Utilities

Water Public
Utilities Electricity Connected, Sewer Connected, Water Connected

Amenities

Area Amenities None

Beds and Baths

Bedrooms 1
Main Level Beds 1
Bathrooms 1 full
Primary on Main Yes

Other Rooms

Kitchen Appliances Electric Range, Gas Water Heater, Refrigerator
Laundry Facilities Main Level

Heating and Cooling

Heating None
Air Conditioning Wall/Window Unit(s)

Interior Features

Flooring Linoleum, Wood
Features Main Level Primary
Disability None

Building Information

Square Feet 942
Year Built 1962
# of Stories 1
Building Faces Northwest
Construction Wood Siding
Foundation Pillar/Post/Pier
Roof Shingle

Property Features

Exterior Features Rain Gutters

Garage and Parking

Garage Yes - 2 Spaces
Parking Covered, Detached, Garage Faces Front, Garage

Financial

$/Sq Ft $96
$/Acre $150,000
Special Conditions CityRestrictions
Documents Available Survey
Disclosures None

Property Taxes

Appraisal District Lee
Estimated Taxes $409
Tax ID 186784
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeAll City Real Estate Ltd. Co
Contact Info(361) 785-2700

Listing Map

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