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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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204 E Gassaway , Lott, TX 76656
$50,000
Est. Payment: $251.09/mo
0 Bed
0 Bath
2940 Sqft
Status: active | Days on site: 356
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 30 minutes from Temple and 45 minutes from Waco, this property offers access to major markets while retaining the charm of small-town life. This property is one of Lott's landmarks, known as the "The Western Fair," a renowned Western wear store that once drew visitors from across the state. Although it has since closed, its legacy contributes to the town's unique character and community pride. This commercial property comes with the significant advantage of having no restrictions, providing buyers with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, hospitality, or a mixed-use development, the possibilities are vast.Investing in this property means becoming part of a community with deep roots and a welcoming atmosphere. Seize this rare opportunity to own a piece of Lott's heritage and contribute to its vibrant future. With its strategic location, unrestricted potential, and rich history, this commercial property is a must-have for discerning investors. Neighboring properties for sale as well and can all be purchased as package together.
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Highlights

Listed by Felicia Galvez-Mauldin , (254) 702-2957 and James Mauldin , 254-718-3062 Compass Re Texas, Llc , (214) 814-8100. Central Texas MLS

Property Type

Commercial Sale
Lot/Acreage
0.1

County

Falls

 Neighborhood

Townsite Of Lott

 School District

Rosebud-Lott ISD

Listing ID

573111

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Public

Exterior Features

Zoning:N/A
Others:Resale
Parking Features:Parking Space(s)
Principal Interest
$251
Taxes
$32

Home Price

$50,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$10,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$251.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $251.09 $31.88 $0.00 $282.97
Yearly $3,013.12 $382.50 $0.00 $3,395.62
Total $90,393.67 $11,475.00 $0.00 $101,868.67

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Lott, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:53:31.000Z

© 2026 Central Texas MLS