Property details
About 518 E Cypress St
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.
Highlights
Summary
- Full Bathrooms: 1
- Interior: Handicap Access
- Total Bedroom Count: 2
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $750,000
- Price/SqFt: $74
- Lot: Cleared
- Directions: From SH-320 S turn right onto US-77. Take a slight right turn onto Cypress St. And the destination will be on the left.
- Year Built: 1984
- Stories: 1
- Living Area: 10,044 SqFt
- MLS Number: 21847992
- MLS Name: HAR
- Office Name: Top Guns Realty on Lake Conroe
- Office Phone: (936) 582-1700
- Office Email: krobertson@topguns.com
- Listing Agent: Emmanuel Bravo
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Last updated on: 8/1/2025, 5:15:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
6
Rosebud-Lott Elementary School
Public District PK-6
5.1 mi
•513 S 5th St
3
Marlin Elementary School
Public District PK-5
11.7 mi
•602 Donohoo St
4
Bruceville-Eddy Intermediate School
Public District 4-6
14.1 mi
•1 Eagle Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,326. Residents of Lott, TX typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Oldsmobile
Ram
What do the neighbors listen to?
New Country
Oldies
Classic Country
Frequently asked questions
About 518 E Cypress St
The listing price of 518 E Cypress St property is $750,000.
The property 518 E Cypress St is a multi located in Lott, Texas, 76656.
Active Listing: 518 E Cypress St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 518 E Cypress St are: Rosebud-Lott Elementary School (GreatSchools Rating 6/10), Marlin Elementary School (GreatSchools Rating 3/10), Bruceville-Eddy Intermediate School (GreatSchools Rating 4/10), Rosebud-Lott Middle School (GreatSchools Rating 6/10), Westphalia Elementary School (GreatSchools Rating 9/10), Marlin Middle School (GreatSchools Rating 3/10), Rosebud-Lott High School (GreatSchools Rating 6/10), Chilton School (GreatSchools Rating 4/10), Marlin High School (GreatSchools Rating 2/10).
The property 518 E Cypress St is 10,044 SqFt (source: MLS/tax record).
The year of construction for 518 E Cypress St is 1984.
This home is located at 518 E Cypress St in Lott, TX and zip code 76656. This 10,044 square foot home was built in 1984. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $750,000.