Current MLS property details

1148 Old Nails Creek Rd

Active Under Contract · MLS 7886609
Bedrooms
1
Bathrooms
1 total
Living area
942 sq ft
Lot size
0.600 acres
Year built
1962
Property type
Single Family Residence
Subdivision
A267 REID, S. H.

Property description

**Investor opportunity with exceptional upside!** Situated on more than 0.6 acres inside the Giddings city limits, this property offers the infrastructure and flexibility investors are looking for, including city water, sewer, electricity, and a 24' x 30' detached two-car garage/workshop complete with an office and bathroom. The existing home is being sold **as-is** and is ready for renovation, making it an ideal fix-and-flip, long-term rental, or value-add investment. The spacious, fenced lot with mature trees provides ample room for future improvements, additional outdoor amenities, or redevelopment, subject to applicable city requirements. An adjacent lot with a separate tax ID is also available for purchase, creating the opportunity to expand your investment footprint or pursue additional development potential. Purchase both properties together and receive **$5,000 off each property** for a total savings of **$10,000**. **Can't quite see the potential?** The listing includes AI-generated concept images to help illustrate what this property could look like after renovation and staging. Compare the current condition with inspiring design concepts and discover the possibilities this diamond in the rough has to offer. The renderings are provided for visualization purposes only and do not represent the property's current condition or guarantee future results. Properties offering this combination of in-town acreage, existing utilities, a versatile workshop, and room to add value are becoming increasingly difficult to find. Whether you're an investor, builder, or entrepreneur, this is your opportunity to bring your vision to life. Buyer to verify all information, including square footage, lot size, utilities, restrictions, zoning, and intended use.

Listed by Laura Wiggins · All City Real Estate Ltd. Co

Listing information last updated Sep 8, 2026, 9:41 am GMT+0000.

Listings courtesy of Unlock MLS as distributed by MLS GRID. Presented by Bre Meador, REALTOR®, All City Real Estate, Ltd. Co., (512) 993-8488.

Based on information submitted to the MLS GRID as of Oct 1, 2026, 10:11 pm GMT+0000. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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