Real Estate Investing in Lott, Texas (76656)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76656 (Lott, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 18.5% of homes vacant — above national norms.
- Declining values: -0.8% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lott, TX (76656)?
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Market Analysis: 76656 Lott
Investors eyeing 76656 need to respect the fundamentals at play. Home values of $210K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $210K asset, 76656 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 76656 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A notable renter share of 24% in 76656 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 76656 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Lott:
Market Trends
Home Value History (with trend line)
📊 How Does 76656 Compare?
| Metric | 76656 | Lott | Waco, TX | Texas |
|---|---|---|---|---|
| Home Value | $209,692 | $209,692 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76656 (Lott, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $209,692 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 3.1% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | -2.6% ▼ |
| 5-Year CAGR | -0.8% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76656
Population: 2,478
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 76656
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Does Lott, TX make sense for an investment property?
With a 2.0/5 investability score, Lott, TX ranks as a solid market for rental property investors. Median prices of $210K and rents of $1,053/mo drive the underlying numbers.
How much is rent in Lott, TX?
Rents in Lott, TX run near $1,053/mo. Compared with median home prices of $210K that produces solid gross yields for typical rentals.
Are renters plentiful in Lott, TX?
Working renters make up the core of the Lott, TX tenant base. The pool is reasonable for investors targeting long-term holds.
Does house hacking make sense in Lott, TX?
House hacking in Lott, TX is reasonable to execute. Prices around $210K and rents of $1,053/mo solid owner-occupant economics.
What is the smart move for investors in Lott, TX?
Most investors in Lott, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
You know 76656 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76656 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 76656 ranks in Waco, TX
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