3 bed, 2 bath, 1,368 sqft on 85.31 acres in Giddings. Giddings, TX 78942. $1,150,000. Giddings ISD.
About This Home
Rabbs Creek Ranch is a great getaway tucked into the heart of Lee County, about 6.5 miles southwest of Giddings. Spanning 85.31 acres, this place has a little bit of everything—gently rolling terrain with about 60 feet of elevation change, open pastures perfect for food plots or improved grasses, and patches of thick woods for privacy and wildlife. There’s also 1,800 feet of Rabbs Creek running through the property and two ponds, one of which is over an acre. It’s conveniently located about an hour from Austin and about two hours from Houston or San Antonio, making it a great spot for a weekend escape or a permanent homeplace. Improvements include a 1,386 sq. ft. manufactured home built in 2010 that’s in great shape. It’s perfect for a weekend retreat or a place to live while you build your dream house. Utilities are already set up with Lee County Water Supply and Bluebonnet Electric. This ranch has so much potential, whether you’re dreaming of a weekend retreat, a hobby ranch, or a place to call home. The combination of peaceful landscapes, ponds, creek frontage, and space to roam makes it a real Texas gem.
An 85.31-acre tract is the defining value at 1368 County Road 207, giving this Lee County property a land profile that is increasingly difficult to replace at this price point. In a market where usable acreage, water, and flexibility drive long-term demand, this property stands out because it combines scale with an existing residence and established utility service in Giddings ISD, with Giddings schools serving the property.
The residence is a 3-bedroom, 2-bath manufactured home with 1,368 square feet, offered at $1.20 million, or $877 per square foot. The home was built in 2005, and the broader opportunity here is not just the structure itself but the way it supports the land. For a buyer evaluating rural Texas property correctly, that matters. Existing improvements create immediate function, whether the goal is weekend use, a transitional setup while planning future improvements, or full-time occupancy tied to agricultural or recreational use.
The acreage carries a mix that buyers look for but do not often find assembled on one tract. The land includes gently rolling terrain with roughly 60 feet of elevation change, open pasture suitable for food plots or improved grasses, and wooded sections that add separation, wildlife cover, and privacy. Water is another differentiator. The property has about 1,800 feet of Rabbs Creek frontage along with two ponds, including one that exceeds an acre. Creek frontage and pond infrastructure materially change how a ranch like this functions, both for recreation and for the broader holding quality of the asset.
Location context also supports the value proposition. The property sits in Lee County, about 6.5 miles southwest of Giddings, with reported drive times of roughly an hour to Austin and about two hours to Houston or San Antonio. That access pattern matters because it widens the buyer pool beyond purely local demand and supports both primary and secondary use cases. Lee County Water Supply and Bluebonnet Electric are already in place, which reduces friction for ownership from day one.
With 276 days on market, buyers have time to underwrite this property on its actual merits: acreage, water, access, school path, and the practical advantage of existing improvements. For a buyer focused on control of land and future optionality, 1368 County Road 207 is the kind of holding that can serve current needs now and carry strategic value well beyond the next market cycle.
The numbers behind this insight
- Offered at
- $1,150,000
- Listed
- June 13, 2025
- Price changes
- Reduced, down 4.2% from $1,200,000
- Asking price per sq ft
- $841
- Property Type
- Farm
- Year Built
- 2005
- Lot Size
- 85.31 acres
- Price / Sq Ft
- $841
Listing information last updated May 21, 2026.
Listed by Texas Ranch Brokers LLC
MLS# 3549794 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Baths
- Ceiling Fan(s)
- Open Floorplan
- Soaking Tub
- Dishwasher
- Electric Range
- Free-Standing Electric Oven
- Refrigerator
- Carpet
- Laminate
- Heating
- Electric
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Metal Siding
- Agricultural
- Gentle Sloping
- Trees-Medium (20 Ft - 40 Ft)
- Barbed Wire
- Slab
- Covered
- Roof
- Composition,Metal
- Lot Size
- 85.31 Acres
Financial
- Original List Price
- $1,200,000
- Price per Sq Ft
- $841
Utilities
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1368 County Road 207, whoever represented it.
- ActiveListed 2025Current price: $1,150,000Original list: $1,200,000MLS 3549794
- Price changed · May 21, 2026$1,150,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,150,000
- Original list
- $1,200,000
- Price movement
- $50K reduction
- Listed / DOM
- Jun 13, 2025 · 490 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $607,026
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- R-11-6015-0000-0002
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-11.9% | — | $534,782 | $281,023 | $253,759 |
2025 | — | $607,026 | $346,313 | $260,713 |
Virtual Tour

Zoned Schools
Giddings ISD
Giddings
Giddings
Giddings
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Giddings pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$841/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
490 days
Original to current
$50K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 1368 County Road 207 to the Austin Market
78942 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume










