About 615 E Washington Street
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.
Features of 615 E Washington Street
| MLS® # | 20055346 |
|---|---|
| Price | $265,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,008 |
| Square Footage | 11325.6 |
| Acres | 0.26 |
| Year Built | 1936 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Other |
| Status | Active |
Community Information
| Address | 615 E Washington Street |
|---|---|
| Area | 70 |
| Subdivision | Ot Giddings |
| City | Giddings |
| County | Lee |
| State | TX |
| Zip Code | 78942-2749 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Other, 0 Up To 1/4 Acre |
|---|---|
| Roof | Composition, Wood |
| Construction | Other |
| Foundation | Other |
School Information
| District | 189 - Giddings |
|---|---|
| Elementary | Giddings Elementary School |
| Middle | Giddings Middle School |
| High | Giddings High School |
Additional Information
| Days on Website | 1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Beycome Brokerage Realty, LLC |
|---|