AUCTION - Grand Orchard Apartments — Sale in Giddings, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Giddings, TX 78942
Description
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3057 Built in 1981, Grand Orchard Apartments is a well-maintained, 56-unit community that seamlessly blends timeless charm with modern convenience. The property offers residents an inviting atmosphere with lush landscaping, ample open parking, and a prime location that balances small-town comfort with big-city accessibility. Each apartment home has been thoughtfully designed to maximize livability, featuring air conditioning, ceiling fans, tub-shower combinations, enclosed patios, washer and dryer connections, and spacious closets. These desirable features attract a broad range of residents — from students and young professionals to families and retirees — supporting strong, stable occupancy. Ideally positioned along U.S. Highways 77 and 290, Grand Orchard sits just one hour east of Austin and 90 minutes west of Houston, giving residents easy access to major employment hubs, retail, and amenities while maintaining the affordability and charm of a smaller community. For investors, Grand Orchard Apartments presents a rare opportunity to acquire a proven, income-producing asset in a growing Central Texas market — offering durable cash flow, strong tenant demand, and long-term appreciation potential. Investment Highlights: • Auction - April 13-15 | Starting Bid: $1,000,000 • 56-unit, two-story garden-style community on 6.02 acres in Central Texas • Located along US-290 and US-77 with access to Austin and Houston employment hubs • Spacious two- and three-bedroom units averaging 895 SF • 1981 construction with brick and wood siding across 14 buildings • Limited local multifamily supply supporting stable demand fundamentals
Market Context
This multifamily in Giddings, TX is listed for sale. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Giddings, TX — view the full market.
Contact
- Kent P. Myers · (512) 338-7853 · kent.myers@marcusmillichap.com
- Adam Liroff · (512) 338-7803 · adam.liroff@marcusmillichap.com
- Derek Schuster · (972) 755-5251 · derek.schuster@marcusmillichap.com
- Brandon Brown · (713) 239-0506 · brandon.brown@marcusmillichap.com
- Vincent Fuquen · (713) 239-0511 · vincent.fuquen@marcusmillichap.com
Explore this market
Similar Multifamily Property for Sale in Giddings, TX
- 123.569 Acres of Land — $3.3M · Waco, TX
- 2602 East Crosstimbers Street, Houston, 77093 — $180K · Houston, TX · 4,375 SF
- 45-Unit RV Park: East to West RV Park & Storage in Willis TX — $900K · Willis, TX · 2,000 SF
- Hunter's Way Mobile Home Park — $635K · Shallowater, TX
- 3194, 3246 & 3500 US Hwy 69, Nederland, TX 77627 — $2.5M · Houston, TX · 50,115 SF
- 7301 Sherman St, Houston 77011 — $543K · Houston, TX · 3,725 SF