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Multifamily

AUCTION - Grand Orchard Apartments

1105 Westwood Ln, Giddings, TX 78942

Starting Bid: $1,000,000

Number of Units
56
GRM
1.57
Price/Unit
$17,857
Price/Gross SF
$19.96
Gross SF
50,112
Auction Type
Reserve
Auction Start Date
Apr 13, 2026
Auction End Date
Apr 15, 2026

Investment Overview

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

Exclusively Listed By

Auction Advisors

Financing By

Multifamily

AUCTION - Grand Orchard Apartments

Starting Bid: $1,000,000

Number of Units
56
GRM
1.57
Price/Unit
$17,857
Price/Gross SF
$19.96
Gross SF
50,112
Auction Type
Reserve
Auction Start Date
Apr 13, 2026
Auction End Date
Apr 15, 2026

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

Investment Overview

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.

Exclusively Listed By

Auction Advisors

Financing By

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