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$149,000

709 Gassaway Avenue, Lott, TX, 76656

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.89 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Water Heater
FlooringLaminate

Exterior

Lot Size8,364 sqft

Building Information

Year Built1953
Garage Spaces1

Land Information

APN13671001
Lot Number4
SubdivisionTownsite Lot
Land UseResidential
Legal DescriptionS2060 TOWNSITE OF LOTT BLK 90 LOT 4-5 .192 ACRES
Census Tract000500
Assessed Land Value$7,820
Assessed Improvement Value$102,220
Assessment Year2025

About this property

Welcome to your new home! This beautifully remodeled 2-bedroom, 2-bathroom house in Lott, TX. Nestled in a tranquil country setting, this home offers the best of both worlds - a peaceful retreat from the city, yet close enough to all your essential amenities. Enjoy the large backyard, ideal for outdoor activities, gardening, or simply relaxing under the Texas sky. The long gravel driveway provides ample parking space. Inside, you'll find a spacious open living room, perfect for entertaining or relaxing with family. The kitchen boasts a large granite bar, plenty of cabinets for storage, and is designed for both functionality and style. The spacious master bedroom features its own bathroom with a luxurious walk-in tiled shower, and the laundry room is conveniently located just outside the master suite. The second bedroom is equally roomy and perfect for family or guests. The second bathroom is equipped with a large walk-in shower and dual vanities, offering convenience and comfort. Located away from the hustle and bustle of the city, this home offers a serene lifestyle while still being close to all necessary amenities. Don’t miss out on this adorable home in Lott, TX!

Investor Tools

Property Icon
$149,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,299
$110,040
2025
$7,820
$102,220
$110,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,299
$110,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Unknown
$187,000
No
First
Oct 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,725
N/A
0%
122%
$1,122/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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709 Gassaway Avenue | Property Details | No Agent List