Paragon Realtors Real Estate

204 E Gassaway AvenueLott, TX 76656Price: $50,000

  • Price: $50,000
  • 419 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $50,000List Price
  • 0.1Acreage

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Listed by Felicia Galvez-Mauldin of Compass RE Texas,LLC.
Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 25 minutes from downtown Temple and 45 minutes from Waco, this property offers access to major markets while retaining the charm of small-town life. This property is one of Lott's landmarks, known as the- The Western Fair, a renowned Western wear store that once drew visitors from across the state. Although it has since closed, its legacy contributes to the town's unique character and community pride. This commercial property comes with the significant advantage of having no restrictions (buyer to verify with City of Lott), providing you with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, residential, hospitality, or a mixed-use development, the possibilities are vast. Investing in this property means becoming part of a community with deep roots and a welcoming atmosphere. Seize this rare opportunity to own a piece of Lott's heritage and contribute to its vibrant future. With its strategic location, unrestricted potential, and rich history, this commercial property is a must-have for discerning investors. Neighboring properties for sale as well and can all be purchased as package together.

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 7:30 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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