The most common and most likely answer to this crossword clue is the 5 letter word ALLOA
I've seen this crossword clue in The Guardian
A
L
L
O
A
More clues leading to the result ALLOA
- Initially athlete looks lively on arrival in Scottish town
- Hunting cry from Cockney in Scottish town
- Ball OAP holds in Scottish town
- Capital loans maintain Scottish town
- Lowlands town then lower, low in police inquiry might you say?
- Athletic location, quite ordinary, attended by amateur
- Scottish community in denial – loathsome
- Everything and nothing – arcaneness starts in Scotland
- Just over half of sitcom can be seen in Scottish town
- Somewhat irrational loathing for Scottish town
Buddy explains!

The straight part
We know that "Lowlands town" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lowlands town = alloa.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.