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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Rare but amazing commercial opportunity located in the heart of downtown Giddings near the Lee County Court house. This property is in need of some updating; however, it has great potential and has recently been used for many years as a functional office space for multiple businesses. A long narrow hallway divides the two separate parcels which share an entrance but have their own utilities.
Property Type
Commercial Sale
Year Built
1960
Lot Size
0.07 acres
Garage
8 spaces
Listed by Schultz Texas Properties, LLC
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
251 E Hempstead St is a Commercial Sale built in 1960 featuring 0 bedrooms, 0.07-acre lot.
251 E Hempstead St is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 251 E Hempstead St is $4,192. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($50,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 251 E Hempstead St is around $1,647 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Ot Giddings
Listing timeline with current price, original ask, and market time.
20% ($50K)
$250,000
Luxury property intelligence
A sourced read on Ot Giddings pricing, timing, and property scale. No automated valuation claim.
List price
$250,000
Price per sqft
Not available
Vs. Ot Giddings median
Not available
Days on market
410 days
Original to current
$100K reduction
$350K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $250,000, 251 E Hempstead St is in the Ot Giddings market where there are currently 25 active listings in 78942.
251 E Hempstead St was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Active listings near 251 E Hempstead St
Recent sales for market context
