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- Description
- Property Details
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- Facts & Features
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$90,000
Monthly Est:$448
1 Bed
- 1 Bath
1 full bath
942sqft
1148 Old Nails Crk Rd, Giddings, TX 78942
$90,000
$448/moEst:
Get Pre-Approved
Single Family Residence
Built in 1962
$-- HOA
26,136 sqft lot
$96/sq.ft
Description
**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.
- Houzeo last checked: 14 minutes ago
- Listing updated: August 21, 2026 at 7:51 pm
- Listing Provided by: Laura Wiggins (361) 785-2700 | All City Real Estate Ltd. Co (866) 277-6005
- Source: Unlock MLS-TX | MLS#: 7886609

Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
942 sqft
Lot Size
26,136 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
7886609
MLS Status
Active Under Contract
Days on Market
225

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Primary Bedroom
Level: Main
Bathroom
Level: Main
Kitchen
Level: Main
Interior
Sewer
Public Sewer
Window Features
None
Cooling
Wall/window Unit(s)
Exterior Features
Rain Gutters
Interior Features
Primary Bedroom On Main
Heating
None
Appliances
Electric Range, Refrigerator, Water Heater
Flooring
Linoleum, Wood
Construction
Year Built
Year Built: 1962
Home type
Single Family Residence
Roof
Shingle
Property Condition
Resale
Foundation Details
Pillar/post/pier
Construction Materials
Wood Siding
Utilities & Energy
Parking Features
Covered, Detached, Garage, Garage Faces Front
Pool Features
None
Water Source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Other Features
Community Features
None
Patio And Porch Features
Front Porch, Rear Porch
Lot Features
Back Yard, Few Trees, Front Yard
Disclosures
None
Subdivision Name
A267 Reid, S. H.
Price History
| Date | Event | Price |
|---|---|---|
08/21/2026 Source: | Contingent (Active Under Contract) | $90,000 -9.91% $96/sqft |
06/03/2026 Source: | Price Decreased | $99,900 -20.08% $106/sqft |
04/28/2026 Source: | Listed for Sale | $125,000 $133/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Oct 10, 2026, 12:00PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Unlock MLS. All Rights Reserved.
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