497 W Austin ST, Giddings TX 78942

Giddings, TX 78942 | Ot Giddings

Ed's Opinion of Value

$189,261 Ed's Estimate: $258,111 $419,165
Lowest Comp Recommended List: $253,000 to $263,000 Highest Comp

Listing History

$166,000 List Price
$272,734 Comp Value
1 Price Reductions

This property was listed at $166,000 and expired after 104 days on market. The price was reduced from $176,500 to $166,000. This listing activity factors into the valuation.

Based on 7 closed sales in 78942, the data points to a value around $258,111 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $253,000 to $263,000. This home's position in the current 78942 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The 708 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1940 (18 years older than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in 78942. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 1 Full, 1 Half
2,798 Sq Ft
0.344 Acres
1940 Built
2 Garage

About This Property

Prime Hwy 290 Frontage | 2 Home Investment Opportunity
Exceptional 1/3 acre property featuring two separate homes plus a detached garage. Ideal for investors, small business owners, or anyone seeking strong income potential. Located directly on Hwy 290 with excellent visibility and access, this property offers flexible use for residential, commercial, or mixed-use purposes.

The main home includes 3 bedrooms, 1 bath, and a bonus room. The secondary structure is approximately 700 sq. ft. with 2 bedrooms and 1 bath. This would be perfect for additional rental income or an office conversion. The square footage listed on MLS reflects only the primary home.

Both structures need TLC, including roof and foundation repairs, but the location and layout create tremendous upside for renovation, redevelopment, or long-term holding. A rare chance to own prime frontage in one of the area’s fastest-growing corridors.

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Primary Bedroom on Main

Location

Schools

School District Giddings ISD
Elementary Giddings
Middle School Giddings
High School Giddings

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Ceiling Fan(s)
Heating None
Exterior Balcony
County Lee
MLS # 6436419

Parking

Garage 2 spaces

Tax Information

Annual Taxes $5,409 (2024)

Listing History

MLS# 6436419 104 days
Nov 30, 2025 Off Market
Nov 25, 2025 Price Change $166,000
Aug 18, 2025 Listed $225,000

Frequently Asked Questions About 497 W Austin ST, Giddings TX 78942

When was 497 W Austin ST, Giddings TX 78942 built?

497 W Austin ST, Giddings TX 78942 was built in 1940.

How much does 497 W Austin ST, Giddings TX 78942 cost?

497 W Austin ST, Giddings TX 78942 is currently off market.

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