Well-Maintained Longview Apartment
429 Johnson St, Longview, TX 75602
- Added:
- Mar 25, 2026
- Days on Market:
- 63
- Last Refresh:
- May 26 at 3:06 pm
Property Features for 429 Johnson St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking
- 30
- Parking features
- Off Street, Parking Lot
- Interior features
- Open Floorplan
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 60800000110010002
- Lot size
- 1.03 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 1974
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kayla Riggs License #0718668 (903) 534-6600
Listing office Keller Williams Realty-Tyler 6761 Old Jacksonville Hwy, Tyler, TX (903) 534-6600
Listing date Mar 25, 2026
MLS# 21171462
Listing URL
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.
HighLights
- High Occupancy: Property normally operates at 100% occupancy, ensuring consistent income.
- Income‑Producing: Generates over $59,000 in annual profit with potential for increased revenue.
- Recently Renovated: Nearly every unit has been renovated, minimizing immediate capital expenditures.
- Convenient Location: Situated in South Longview, close to LeTourneau University, I‑20, shopping, dining, and major employers.
- Multiple Income Streams: Includes rental income, on‑site laundry facility, and tenant contributions to shared utilities (RUBS).
- Investor Efficiency: Individually metered electricity and tenant contributions to shared utilities help control operating expenses.
Overview
This well-maintained, income-producing 24-unit apartment complex is located in a convenient area of South Longview, Texas, near LeTourneau University, I-20, shopping, dining, and major employers. The property features a mix of eight two-bedroom, one-bath units and sixteen one-bedroom, one-bath units. Nearly every unit has been renovated. The complex typically operates at 100% occupancy. The property generates over $59,000 in annual profit. Electricity is individually metered, with tenants responsible for their own electric service. Residents contribute $70 per month plus RUBS (Ratio Utility Billing System) toward shared utilities such as water and trash. An on-site, pay-for-use laundry facility provides an additional income stream, and the laundry building includes extra space that could serve as an on-site office, additional storage, or a small community gym or flex space. The property also features ample on-site parking and two roofs that have already been replaced. The property sits on a 1.03-acre lot.
Property Profile
Location Intelligence
Current Use by Public Records
Park Place Apartments ...
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Gregg
- State
- Texas
- Longitude
- -94.719536
- Latitude
- 32.453345
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 24-unit apartment complex in South Longview near LeTourneau University.
Where is this apartment building located?
The property is located at 429 Johnson St Longview, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High Occupancy: Property normally operates at 100% occupancy, ensuring consistent income.; Income‑Producing: Generates over $59,000 in annual profit with potential for increased revenue.; Recently Renovated: Nearly every unit has been renovated, minimizing immediate capital expenditures.
