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    242 Bishop Livingston, TX 77351

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    For Sale
    $314,900

    9-unit multifamily property in Livingston, TX with investment potential.

    Lot size:
    0.48 Acres

    Property Features for 242 Bishop

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1970

    Source: Luxely Real Estate Agent Derek Montes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Livingston Multifamily Investment Opportunity

    This 9-unit multifamily property is located at 242 Bishop in Livingston, TX. The vacant property presents an opportunity for renovation, leasing, or repositioning. This asset offers potential in a growing rental market. The property is suited for rental income potential. It is ideal for buy-and-hold investors or those looking to add value. Livingston is a steadily growing market with strong rental demand, making this an excellent opportunity for investors looking to capitalize on the area's potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Polk
    State
    Texas
    Longitude
    -94.9425
    Latitude
    30.649598

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    FAQs

    What type of property is this?
    Apartment building - 9-unit multifamily property in Livingston, TX with investment potential.
    Where is this apartment building located?
    The property is located at 242 Bishop Livingston, TX.
    What is the asking price?
    The asking price for this property is $314,900.
    What are key features of this property?
    This property features: - 9-Unit Multifamily Property: Provides immediate scale for rental income.; - Vacant Property: Allows for immediate renovation and tenant selection.; - Investment Potential: Suited for buy-and-hold or value-add strategies.
    (832) 434-4509
    Request Owner's contact information
    242 Bishop Livingston, TX 77351
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    Livingston, TX 77351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Bishop Livingston, TX 77351
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