# 116 Gassaway, Lott, TX 76656

> **TL;DR:** commercial, $169,500.
> A/C. Est. $906/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $169,500 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $857 |
| Estimated Insurance | $49 |
| **Total** | **$906** |

## Key Amenities

- A/C

## Property Highlights

- 0.10 acre lot

## Description

### Agent Description
Versatile commercial opportunity in historic downtown Lott, conveniently located just 25 minutes from downtown Temple and 30 minutes from Waco. This move-in ready commercial space offers potential for entrepreneurs, investors, small business owners, storage use, retail, office space, workshop operations, event space, inventory storage, and more. This property has recently undergone major improvements including updated plumbing and electrical systems. Features include large grade-level roll-up doors, attached storage areas, additional attic storage space above the office, high ceilings, concrete floors, and an open interior layout designed for flexibility and functionality. Zoning and permitted uses to be independently verified with the City of Lott. Property is believed to have very limited restrictions, offering exceptional flexibility for future use and development.

## Location

- **Address:** 116 Gassaway, Lott, TX 76656
- **County:** Falls
- **Neighborhood:** Townsite Of Lott
- **Coordinates:** 31.2054753, -97.03546276
- **Google Maps:** https://www.google.com/maps?q=31.2054753,-97.03546276

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21269951

## Listing Agent

- **Name:** Felicia Galvez-Mauldin
- **Brokerage:** Dallas Compass, LLC.
- **Phone:** (214) 814-8100
- **Broker Phone:** (214) 814-8100
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/NTREIS/21269951/?channel=propsimple)

## Photos

![116 Gassaway - Photo 1](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1748787045r.jpg)

![116 Gassaway - Photo 2](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1697714678r.jpg)

![116 Gassaway - Photo 3](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f794663127r.jpg)

![116 Gassaway - Photo 4](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1513076760r.jpg)

![116 Gassaway - Photo 5](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f2643077575r.jpg)

![116 Gassaway - Photo 6](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1604574190r.jpg)

![116 Gassaway - Photo 7](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f3288185028r.jpg)

![116 Gassaway - Photo 8](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f2176296582r.jpg)

![116 Gassaway - Photo 9](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f3515910214r.jpg)

![116 Gassaway - Photo 10](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f193731710r.jpg)

![116 Gassaway - Photo 11](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1680298735r.jpg)

![116 Gassaway - Photo 12](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f2444072555r.jpg)

![116 Gassaway - Photo 13](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f2872183199r.jpg)

![116 Gassaway - Photo 14](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f733225751r.jpg)

![116 Gassaway - Photo 15](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f815521183r.jpg)

![116 Gassaway - Photo 16](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f161323244r.jpg)

![116 Gassaway - Photo 17](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1297192412r.jpg)

![116 Gassaway - Photo 18](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f3692847647r.jpg)

![116 Gassaway - Photo 19](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f1709045679r.jpg)

![116 Gassaway - Photo 20](http://lh.rdcpix.com/6cf7450768a6751380141a7b4f0db6e2l-f2590680569r.jpg)

---

**MLS#:** 21269951 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/116-gassaway-lott-tx-76656-21269951)

---

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