$338,000
497 W Austin St, Giddings, TX, 78942
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Prime Hwy 290 Frontage | 2 Home Investment Opportunity Exceptional 1/3 acre property featuring two separate homes plus a detached garage. Ideal for investors, small business owners, or anyone seeking strong income potential. Located directly on Hwy 290 with excellent visibility and access, this property offers flexible use for residential, commercial, or mixed-use purposes. The main home includes 3 bedrooms, 1 bath, and a bonus room. The secondary structure is approximately 700 sq. ft. with 2 bedrooms and 1 bath. This would be perfect for additional rental income or an office conversion. The square footage listed on MLS reflects only the primary home. Both structures need TLC, including roof and foundation repairs, but the location and layout create tremendous upside for renovation, redevelopment, or long-term holding. A rare chance to own prime frontage in one of the area’s fastest-growing corridors.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Giddings
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