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Office Units with Separate Utilities
For Sale
$250,000

251 East Hempstead Street, Giddings, TX 78942

Commercial, Giddings, TX

Property Size5,096 SF
Lot Size0.07 Acres
Price / SF$49.06
Days on Market159

Property Features for 251 East Hempstead Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Exterior features Masonry
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
Building materials Standard Frame
Roof type Composition
Listing Agency: SCHULTZ TEXAS PROPERTIES
Listed By: Schultz Texas Properties
Added: Apr 21 Changed: Sep 22 Last Checked: Sep 26 at 2:06AM
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 5,096-square-foot office property includes two separate parcels with a shared entrance and independent utilities. A long interior corridor organizes the layout, and four bathrooms serve the existing configuration. The property has supported multiple office businesses and requires updating. Construction includes standard framing with masonry exterior elements, a composition roof, and public water service.

Located at 251 East Hempstead Street in downtown Giddings, the property is near the Lee County Courthouse. Its parcel arrangement and existing office layout provide a defined structure for continued commercial office use.

Key Highlights

  • 5,096 square feet of office space across two separate parcels
  • Separate utilities with a shared entrance
  • Previously used for multiple office businesses

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Office units - Two parcels share an entrance while maintaining separate utilities for flexible office occupancy.
Where is this office units 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 feet of office space across two separate parcels; Separate utilities with a shared entrance; Previously used for multiple office businesses
More about this property
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