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$450,000

161 S. Main ST, Giddings, TX, 78942

On MarketInfo
Beds9 Beds
Baths3 Bath
Baths2,700 Sq Ft
OtherOther
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms 3Bathrooms 3
AppliancesRefrigerator
FlooringTile, Wood

Exterior

Lot Size3,894 sqft

Building Information

Year Built1940

Land Information

APN14959
Land UseCommercial
Legal DescriptionOT GIDDINGS, BLOCK 46, LOT E32' OF N47.5' OF 14 & N47.5' OF 15
Census Tract000400
Assessed Land Value$35,560
Assessed Improvement Value$138,010
Assessment Year2025

About this property

This property presents a unique opportunity in downtown Giddings for both residential and commercial use. It offers both historical significance and architectural appeal. The 4,800-square-foot red brick building offers excellent visibility with Hwy 77 S. frontage. Upon entering the ground floor, you'll notice a spacious lobby with decorative tin ceiling tiles. The downstairs area consists of four rooms and a full bathroom. Access the upper floor via the metal stairs on the side, where you'll find nine rooms, two half bathrooms and a kitchenette. Many of the rooms are spacious to make into comfortable size bedrooms and showcase attractive dark wood flooring and exposed brick walls. Schedule a showing today to see this great property.

Investor Tools

$0Estimated Mortgage Balance
$173,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Emily Siegmund

Schultz Texas Properties, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,362
$173,570
2025
$35,560
$138,010
$173,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,362
$173,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,570
100%
0%
$0/mo

City: Giddings