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    615 E Washington St Giddings, TX 78942

    For Sale
    $297,000

    Triplex with long-term tenants, close to downtown amenities.

    Lot size:
    0.26 Acres

    Property Features for 615 E Washington St

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1936

    Source: Schultz Texas Properties, LLC Agent Mike Newman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Triplex Near Downtown Giddings

    This triplex residence, located close to downtown amenities and restaurants in Giddings, features three units. All units are currently leased on a long-term basis, with one tenant residing at the property for several years. Units A (downstairs) and C (large apartment upstairs) have been recently remodeled. Unit B, occupied by a long-term resident, has not required remodeling. The property offers off-street parking in front of the building. A caretaker, residing nearby, was involved in the recent remodel efforts.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Giddings
    County
    Lee
    State
    Texas
    Longitude
    -96.9309522
    Latitude
    30.1858933

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    FAQs

    What type of property is this?
    Triplex - Triplex with long-term tenants, close to downtown amenities.
    Where is this triplex located?
    The property is located at 615 E Washington St Giddings, TX.
    What is the asking price?
    The asking price for this property is $297,000.
    What are key features of this property?
    This property features: - Fully leased property providing immediate rental income.; - **Recent complete remodel of two units (A and C).**; - Convenient location close to downtown amenities and restaurants in Giddings.
    (512) 636-4518
    Request Owner's contact information
    615 E Washington St Giddings, TX 78942
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    Giddings, TX 78942
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 E Washington St Giddings, TX 78942
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