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9-Unit Apartment Building
For Sale
$174,900

242 Bishop, Livingston, TX 77351

Vacant multifamily property with a combination of apartment-style and efficiency-style units.

Property Size3,757 SF
Price / SF$46.55
Days on Market108

Property Features for 242 Bishop

General Information

Standard status Active
Size 3,757 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $3,243

Amenities

No
Appraiser
Yes
20888
3757

Building Details

Building Size 3,757 SF
Year Built 1970
Stories 1
Listing Agency: K. Hovnanian Homes
Listed By: Meagan Kamerbeek · License #0796061
Source: Garygreene
Added: Jul 1 Changed: Oct 15 Last Checked: Oct 14 at 8:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of K. Hovnanian Homes

Rey
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Investment Insights

Based on property information with market context.

This nine-unit multifamily property contains a blend of apartment-style and efficiency-style residences. All units are currently vacant, allowing the next owner to address renovations and leasing directly within the existing configuration.

Built in 1970, the property is located at 242 Bishop in Livingston, Texas. Its unit variety provides a factual basis for evaluating different residential layouts within one apartment asset.

Key Highlights

  • Nine‑unit multifamily property
  • Mix of apartment‑style and efficiency‑style units
  • All units currently vacant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Auto Parts Store Storage Facility Parking Lot & Garage Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 77351, TX

37,353
Population
17,934
Households
2.1
Avg Household Size
47
Median Age
15%
College-Educated
83%
High-School Grad
636.9 sq mi
ZIP Area
59
Density / Sq Mi
$62,710
Median Household Income
$35,645
Median Earnings
$1,057
Median Rent
$163,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Vacant multifamily property with a combination of apartment-style and efficiency-style units.
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 $174,900.
What are key features of this property?
This property features: Nine‑unit multifamily property; Mix of apartment‑style and efficiency‑style units; All units currently vacant
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