518 E Cypress Street, Lott, TX 76656

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518 E Cypress Street,Lott, TX 76656
$750,000
  • 2 Beds
  • 1 Baths
  • 10,044 sq. ft.
  • Multi-family
  • Active
Listed by:emmanuel bravo
Office:top guns realty on lake conroe
MLS#:21847992
Source:HARMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$74.67

About this home

Located approximately 30 minutes from both Waco and Temple, this 12-unit multifamily property at 518 Cypress Rd in Lott, TX offers a solid opportunity for buyers seeking a value-add investment in Central Texas. The property consists of three residential buildings, each featuring four 2 bedroom 1 bathroom units of approximately 875 sq. ft. each, as well as a separate building that includes an on-site laundry facility and office space. Several units are currently occupied, while others may require updates or repairs, presenting an opportunity for repositioning over time. The location provides convenient access to major highways and nearby employment centers, which helps support ongoing rental demand. Prospective buyers are encouraged to independently verify all financials, occupancy, and condition of the property.

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Home facts

  • Year built:1984
  • Listing Id #:21847992
  • Updated:August 18, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:10,044 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Wood
  • Year built:1984
  • Building area:10,044 sq. ft.

Schools

  • High school:ROSEBUD-LOTT HIGH SCHOOL
  • Middle school:ROSEBUD-LOTT MIDDLE SCHOOL
  • Elementary school:LOTT ELEMENTARY SCHOOL

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$74.67
  • Tax amount:$7,568 (2024)
Copyright 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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