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Two-Parcel Office Building
For Sale
$250,000

251 E Hempstead ST, Giddings, TX 78942

Previously used by multiple businesses, the property has separate utility service for each parcel.

Property Size5,096 SF
Price / SF$49.06
Days on Market564

Property Features for 251 E Hempstead ST

General Information

Standard status Active
Size 5,096 SF
Property subtype Office

Property Condition

Severity Repairs Needed
Evidence in need of some updating

Additional Details

Condition Needs Renovation
Utilities to Site Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $4,192

Building Details

Building Size 5,096 SF
Year Built 1960
Listing Agency: Schultz Texas Properties, LLC
Listed By: Emily Siegmund · License #0713624
Source: Leecorealtygroup
Added: Apr 17, 2025 Changed: Oct 26 Last Checked: Oct 31 at 3:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schultz Texas Properties, LLC

Rey
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Investment Insights

Based on property information with market context.

This 5,096-square-foot office property dates to 1960 and comprises two separate parcels. A shared entrance connects the parcels, while each has its own utilities. The building needs updating and has served as office space for multiple businesses.

The property is in downtown Giddings, near the Lee County Courthouse.

Key Highlights

  • 5,096‑square‑foot office property
  • Two separate parcels share an entrance and have individual utilities
  • Built in 1960

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Previously used by multiple businesses, the property has separate utility service for each parcel.
Where is this office building located?
The property is located at 251 E Hempstead ST 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; Two separate parcels share an entrance and have individual utilities; Built in 1960
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