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    518 E Cypress St Lott, TX 76656

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    For Sale
    $600,000

    12-unit multifamily property in Central Texas, value-add potential.

    Lot size:
    1.29 Acres

    Property Features for 518 E Cypress St

    General Information

    Lot size
    1.29 Acres

    Building Details

    Year built
    1984

    Source: Top Guns Realty on Lake Conroe Agent Emmanuel Bravo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment Opportunity in Lott, TX

    Located approximately 30 minutes from Waco and Temple, this 12-unit multifamily property at 518 Cypress Rd in Lott, TX, presents an investment opportunity in Central Texas. The property comprises three residential buildings, each containing four 2-bedroom, 1-bathroom units of approximately 875 sq. ft. There is also 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, offering an opportunity for repositioning. The location provides access to major highways and nearby employment centers, supporting rental demand. The property is intended for multifamily residential use.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Lott
    County
    Falls
    State
    Texas
    Longitude
    -97.0719
    Latitude
    31.1912

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily property in Central Texas, value-add potential.
    Where is this apartment building located?
    The property is located at 518 E Cypress St Lott, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Value-add investment opportunity in Central Texas; - 12-unit multifamily property with potential for repositioning; - Three residential buildings, each with four 2-bedroom, 1-bathroom units (approximately 875 sq. ft. each)
    (832) 294-3577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 E Cypress St Lott, TX 76656
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