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Office Building with Separate Parcels
For Sale
$250,000

251 East Hempstead Street, Giddings, TX 78942

Commercial Sale, Giddings, TX

Property Size5,096 SF
Lot Size0.07 Acres
Price / SF$49.06
Days on Market138

Property Features for 251 East Hempstead Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Subdivision Ot Giddings
Directions At the intersection of Hwy 77 and US Hwy 290, take Hwy 290 East. Turn right immediately after the bank fountain onto Grimes St. You will then turn left onto Hempstead St. The building will be on your left behind the church.
Standard status Active
APN 13682
Size 5,096 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 4200

Utilities

Water source Public

Building Details

Floors in Building 1
Roof type Composition
Listing Agency: SCHULTZ TEXAS PROPERTIES
Listed By: Lori Schultz · License #598121
Added: Apr 21 Changed: Sep 5 Last Checked: Sep 5 at 1:06PM
MLS# 151287

Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property contains 5,096 square feet across two distinct parcels. The layouts are connected by a long interior corridor and accessed through one shared entrance, while each parcel has its own utility service. The building has four bathrooms, a composition roof, and public water service. Some updating is needed, offering a clear path to refresh the existing improvements.

Located in downtown Giddings near the Lee County Courthouse, the property has been used as office space for multiple businesses. Its separate-parcel configuration and existing office layout provide a practical foundation for continued professional use.

Key Highlights

  • 5,096‑square‑foot office property on 0.066 acres
  • Two separate parcels with one shared entrance
  • Each parcel has its own utilities

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Dental Office Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 78942, TX

8,973
Population
4,285
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
78%
High-School Grad
203.0 sq mi
ZIP Area
44
Density / Sq Mi
$60,084
Median Household Income
$36,214
Median Earnings
$1,091
Median Rent
$235,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office property with flexible multi-business configuration and separate utility service.
Where is this office building located?
The property is located at 251 East Hempstead Street Giddings, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 5,096‑square‑foot office property on 0.066 acres; Two separate parcels with one shared entrance; Each parcel has its own utilities
More about this property
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