Giddings, TX 78942 (Lee County)
About this property
List price is minimum bid amount. The Board of Trustees of the Giddings Independent School District (“GISD”) hereby serves notice that GISD will accept bids for the surface only of 27.1 acres with potential for prime residential development. A portion of this property previously served as the Old Giddings Elementary School. The District has demolished those facilities, and any formerly present hazardous materials (i.e. asbestos) has been properly abated, and the entire facilities have been demolished and removed from the Property. The Property is zoned R-1 and is located near an elementary school in a well established neighborhood with modern amenities and well-maintained outdoor landscaping. The Property will be conveyed subject to the exceptions and reservations contained in the bid package, including the reservation and exception that any conveyance will be for the surface only. The Property does not include the mineral estate. Property is being sold “as is and where is, with any and all latent and patent defects and faults.” There is no warranty of any kind by the District, including that the Property is fit for a particular purpose. In addition, the Property is being sold subject to any restrictions, reversionary interest, conditions, exceptions and reservations contained in this invitation to bid, instruction to bidders, and exhibits thereto, as well as subject to all recorded interests. INTERESTED PARTIES MAY RECEIVE A COPY OF THE BID PACKAGE BY CONTACTING LISTING AGENT. The property will be conveyed subject to the restrictions, exceptions, and reservations contained in the Bid Package. GISD reserves the right to reject any or all bids and to waive any informality in bids received. See bid package for more information.
Property details
Location
About the Area
1010 E Industry St is located in Giddings, Texas, in Lee County. Lee County sits in the post oak savanna east of Austin, anchored by Giddings, a small agricultural city bisected by US-290 that has seen modest growth from Austin metro expansion. The county maintains a working agricultural character while proximity to Austin makes it increasingly attractive for acreage buyers.
The Little Brazos River and Yegua Creek drain much of Lee County, and the terrain features sandy post oak soils characteristic of the Lost Pines transition zone. The landscape is gentler than the Hill Country proper, with open pastures, wooded creek bottoms, and sandy-soiled ranchland.
Giddings had an estimated population of 5,085 as of 2023. The 78942 zip code has a median household income of $60,084, a median home value of $235,600, and a median age of 39.7. The average household size is 2.58 people.
Cattle ranching, poultry farming, oil and gas production, and Austin metro spillover define Lee County's economy. The county attracts buyers seeking affordable acreage within 60 miles of Austin's employment centers.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Schultz Texas Properties, LLC.