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$1,000

1621 Fm 431, Lott, TX, 76656

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths956 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Free Standing Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size34,282 sqft

Building Information

Year Built1920
Garage Spaces1

Land Information

APN2463001
Land UseResidential Single Family
Legal DescriptionA0183 GREGG SAMUEL .787 ACRES
Census Tract000700
Assessed Land Value$15,740
Assessed Improvement Value$67,980
Assessment Year2025

About this property

For Rent in Lott, Texas! Charming 2-bedroom, 1-bath home situated on nearly 1 acre. Features an additional bonus room that can be used as a third bedroom, office, game room, or flex space. Enjoy the spacious outdoor area and relax under the covered porch during those hot Texas summer days. The property includes an attached carport with extra storage and comes equipped with a refrigerator, microwave, stove, washer, dryer, freezer, and outdoor grill. Plenty of room to enjoy country living with the convenience of town nearby. Contact us today for more information or to schedule a showing!

Investor Tools

$0Estimated Mortgage Balance
$172,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

Interested in this property?

Jennifer Young

M.Watkins RealEstateGroup,LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,357
$83,720
2025
$15,740
$67,980
$83,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,357
$83,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lott

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1621 Fm 431 | Property Details | No Agent List