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242 Bishop

Livingston, TX 77351
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Bed --

Bed

Bath 0

Bath

SqFt3,757

Sqft

Acres0.48

Acre(Lot)

Value Add nine-unit multifamily property with a mix of apartment-style and efficiency-style units. With all units vacant, investors have the flexibility to renovate, lease up, and reposition the asset to maximize value. Strong rental demand and continued growth in the area make this an attractive opportunity for both long term investors and value add operators.

Detail Ic Property Details

Property Type : Residential Income

Price : $224,900

AD Id : 87475415

MLS Id : 56326101

Lot Size : 0.48 Acre

Living Area Size : 3,757

Year Built : 1970

County : Polk

Subdivision: Chesswood Sec 1

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Map

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Feature Features

  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1970 Building Area Total: 3757 Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.4795 Acres Lot Size Acres: 0.4795 Lot Size Square Feet: 20888

    Property Information

    Subdivision: Chesswood Sec 1 Source Property Type: Residential Income Property SubType: Multi Family Property Age: 56

  • Listing Price Information

    Listing Price: $224900

  • Tax Information

    Parcel Number: C0700002600 Tax Year: 2025 Annual Tax: $3243 Tax Legal Desc: CHESSWOOD SECTION 1 BLK 2 LOT 12

  • School Information

    Elementary School: Lisd Open Enroll
    Junior High School: Livingston Junior High School
    Senior High School: Livingston High School
  • Location Information

    Direction: From US 59 (I 69): Exit at Business US 59/Church Street toward downtown Livingston. Turn onto Bishop Street. Property is located at 242 Bishop on the right, approximately 2 minutes from US 59.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1919 Ole Long Pull Road, Livingston, TX, 77351 $195,000 3 3 25,000 25,000 SqFt
505 AND 501 Hawkins, Livingston, TX, 77351 $165,000 2 1 560 560 SqFt
110 & 100 Barnard Street, Livingston, TX, 77351 $415,000 3 2 3,690 3,690 SqFt

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 07/16/2026 @ 23:42

MLS: 56326101 LISTED BY: Wesson Assefa, AssetlyOne, LLC 469-450-7037 SOURCE: Houston Association of REALTORS

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