1148 Old Nails Creek Rd, Giddings, TX 78942
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: laura wiggins
Office: all city real estate ltd. co
MLS#:7886609
Source:ACTRIS
Price summary
- Price:$90,000
- Price per sq. ft.:$95.54
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....
Contact an agent
Home facts
- Year built:1962
- Subdivision & Development:A267 REID, S. H.
- Listing ID #:7886609
- Updated:September 22, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Linoleum, Wood
- Kitchen Description:Electric Range, Refrigerator
- Living area:942 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1962
- Building area:942 sq. ft.
- Lot area:0.6 Acres
- Lot Features:Back Yard, Few Trees, Front Yard
- Construction Materials:Wood Siding
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Giddings
- Elementary school:Giddings
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$90,000
- Price per sq. ft.:$95.54
- Tax amount:$409 (2025)
Features and amenities
- Appliances:Electric Range, Refrigerator, Water Heater
Parking
- Total parking spaces:4
- Parking description:Covered, Detached, Garage, Garage Faces Front
- Garage:Yes
- Garage spaces:2
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