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$160,000

650 S Main St, Giddings, TX, 78942

$208,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths2,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.29 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesSee Remarks
FlooringSee Remarks

Exterior

Exterior FeaturesSee Remarks
Lot Size10,001 sqft

Building Information

Year Built1968

Land Information

APN16393
Lot Number8,9
Land UseResidential
Legal DescriptionOT GIDDINGS, BLOCK 210, LOT 8 & 9, ACRES 0.2296
Census Tract000400
Assessed Land Value$32,700
Assessed Improvement Value$4,520
Assessment Year2025

About this property

VALUE IS IN THE LAND / MULTIPLE LOTS Rare redevelopment opportunity in the heart of Giddings! This property includes multiple lots associated with 650 S Main St and 145 E Liberty St, totaling approximately 25,740 square feet across several Lee CAD parcels. With multiple lots, access from multiple streets, and a convenient in-town location, this property offers excellent potential for new construction, redevelopment, investment, or future use. The multiple access points may provide added flexibility for the individual lots and future development, subject to City of Giddings requirements. A city alley also separates portions of the property, further contributing to the unique layout and potential use of the site. The property currently includes a two-story home and several additional structures, but the primary value is in the land and lot configuration. Existing structures are in poor condition and are expected to require demolition. A city alley separates portions of the property, creating a unique layout that may offer additional flexibility for future development. No survey is available, and any aerial boundary lines shown are approximate only. Property is being sold AS IS, WHERE IS. Buyer and buyer’s agent should independently verify lot dimensions, boundaries, utilities, zoning, setbacks, development requirements, and intended use with the appropriate authorities.

Investor Tools

$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Jenny Ashley

Leeco Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$594
$37,220
2025
$32,700
$4,520
$37,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$594
$37,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Giddings

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