3650 Austin St Giddings, TX 78942

This exceptional 21.6-acre property in Giddings, Lee County, Texas, presents a unique investment opportunity. Located on Highway 290, this land is platted into two 10.8-acre tracts, each offering significant commercial potential. Currently enjoying an agricultural exemption, the property boasts 149 feet of Highway 290 frontage on one tract. Situated in a designated Opportunity Zone, this land is free of known restrictions. The seller prefers to sell the entire 21.6 acres but will consider selling the tracts separately. City utilities are already connected, and a three-bedroom, two-bathroom house is included. The property's prime location offers easy access to Highway 77, approximately a one-hour commute to Austin-Bergstrom International Airport, and a 90-minute drive to Houston. Development possibilities are diverse, including an upscale RV park, business park, warehouse units, or an industrial site. The asking price is $799,999, with a price per acre of $37,036. The property is zoned for residential and commercial use. This is a rare chance to acquire a versatile and strategically located land parcel with substantial upside potential.