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.
For sale
$265,000
615 E Washington St, Giddings, TX 78942
4beds
3,008sqft
Est.:
Single Family Residence
Built in 1936
0.26 Acres Lot
$253,300 Zestimate®
$88/sqft
$-- HOA
What's special
Significantly renovatedUpdated interiors
- 17 days |
- 224 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Steven Koleno TREC #0779766 804-656-5007,
Beycome Brokerage Realty, LLC
Source: HAR,MLS#: 20055346
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Size: 0.26 Acres
- Features: Other, 0 Up To 1/4 Acre
Details
- Parcel number: 10962
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Other
- Roof: Composition,Wood
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ot Giddings
Location
- Region: Giddings
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $276,580
- Annual tax amount: $5,357
- Date on market: 4/29/2026
Estimated market value
$253,300
$241,000 - $266,000
$1,464/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $265,000-2.6%$88/sqft |
Source:  Unlock MLS #8415909 Report a problem | ||
| 1/9/2026 | Listing removed | $272,000$90/sqft |
Source: Unlock MLS #3887998 Report a problem | ||
| 12/16/2025 | Price change | $272,000-8.4%$90/sqft |
Source: Unlock MLS #3887998 Report a problem | ||
| 11/18/2025 | Listed for sale | $297,000$99/sqft |
Source: Unlock MLS #3887998 Report a problem | ||
| 11/6/2025 | Listing removed | $297,000$99/sqft |
Source: Unlock MLS #3887998 Report a problem | ||
| 10/21/2025 | Listed for sale | $297,000$99/sqft |
Source: Unlock MLS #3887998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,357 -5.9% | $276,580 -1.7% |
| 2024 | $5,693 +17.7% | $281,310 +10.4% |
| 2023 | $4,837 +5% | $254,750 +25.1% |
| 2022 | $4,606 +13.7% | $203,670 +22.4% |
| 2021 | $4,051 +1.1% | $166,420 -1.1% |
| 2020 | $4,005 +16.2% | $168,320 +21% |
| 2019 | $3,448 +12.3% | $139,120 +8.9% |
| 2018 | $3,071 | $127,800 +7.7% |
| 2017 | -- | $118,710 +3.7% |
| 2016 | -- | $114,450 -8.7% |
| 2015 | -- | $125,360 +3.3% |
| 2014 | -- | $121,320 +15.6% |
| 2012 | -- | $104,950 -12.8% |
| 2011 | -- | $120,350 -1.6% |
| 2010 | -- | $122,340 -7.9% |
| 2009 | -- | $132,840 +3.3% |
| 2008 | -- | $128,580 +2% |
| 2007 | -- | $126,110 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78942
Nearby schools
GreatSchools rating
- 5/10Giddings Elementary SchoolGrades: PK-3Distance: 0.9 mi
- 6/10Giddings Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Giddings High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Giddings Elementary School
- Middle: Giddings Middle School
- High: Giddings High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Lee County
- Giddings
- 78942
- 615 E Washington St
Nearby cities
Nearby zip codes
Other Giddings Topics
