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$99,900

1148 Old Nails Creek RD, Giddings, TX 78942

A267 REID, S. H.

Bedrooms1
Bathrooms1
Sq Ft942
Acres0.60
Year Built1962

About This Property

**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 Details

Property TypeSingle Family
MLS #7886609
Days on Market154
Lot Size0.60 acres
Listed2/26/2026
Last Updated2/26/2026

Location

County
Lee
School District
Giddings ISD
MLS Area
LC

Size

Lot Description
Back Yard, Few Trees, Front Yard
$/Acre
$166,500

Improvements

Garage Spaces
2
Fence
Back Yard, Chain Link
Exterior Features
Rain Gutters
Heating
None
Cooling
Wall/Window Unit(s)
Appliances
Electric Range, Refrigerator, Water Heater
Flooring
Linoleum, Wood
Windows
None
Construction Materials
Wood Siding
Foundation
Pillar/Post/Pier
Roof
Shingle
Direction Faces
Northwest
Pool Features
None
Patio / Porch
Front Porch, Rear Porch
View
Neighborhood
Community Features
None
Covered Spaces
2
Parking Features
Covered, Detached, Garage, Garage Faces Front

Location

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Listing provided by Laura Wiggins · All City Real Estate Ltd. Co · (361) 785-2700

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$99,900