242 Bishop St

3,383 Sq. Ft.
$89 / Sq. Ft.
3,383
Sq. Ft.
$89
per Sq. Ft.

Description

Prime 9-Unit Multifamily Investment Opportunity – 242 Bishop, Livingston, TX
Presenting a rare opportunity to acquire a 9-unit multifamily property in the heart of Livingston, TX. Situated at 242 Bishop, this vacant property is a blank slate ready for an investor’s vision. Whether you're looking to renovate, lease, or reposition, this asset offers tremendous upside potential in a growing rental market. Property Highlights:
9 Units – Perfect for rental income potential
Vacant – Start fresh with new tenants
...Prime 9-Unit Multifamily Investment Opportunity – 242 Bishop, Livingston, TX

Presenting a rare opportunity to acquire a 9-unit multifamily property in the heart of Livingston, TX. Situated at 242 Bishop, this vacant property is a blank slate ready for an investor’s vision. Whether you're looking to renovate, lease, or reposition, this asset offers tremendous upside potential in a growing rental market. Property Highlights:
9 Units – Perfect for rental income potential
Vacant – Start fresh with new tenants and lease terms
Investment Potential – 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. Don't miss the chance to transform this multifamily property into a high-performing asset. For more details or to schedule a viewing, contact us today.
  1. Listed by Derek Montes • TREC #0752899 • Brokerage DRE #9008399 • Luxely Real Estate
    P: (832)-434-4509 derekmontesrealestate@gmail.com
  2. Listed by Jonathan Layton
    jon@luxelyre.com

Property Details for 242 Bishop Street

Subdivision Name
Chesswood Sec 1
LISTING UPDATED: 12/16/2025 10:19 AM

Property Details for 242 Bishop Street

StatusActive
MLS #77908430
Days on Market123
Taxes$2,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1970
Lot Size0.48 AC / 20,888 SF
CountyPolk County

Location

Listing Courtesy of Luxely Real Estate, Derek Montes, TREC #0752899
Add your commute

Building Information for 242 Bishop Street

Stories1Residences9Year Built1970Building Size-Lot Size0.48 AC / 20,888 SF

Payment Calculator

$1,649 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,462

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Bishop Street

Summary
Location and General Information
  • Directions: Travel south on US-59 for 4.3 miles. Turn left on Bishop. Travel 0.2 miles and property is on the RHS.
  • MLS Area Major: 44
  • MLS Area Minor: Livingston Area
  • Unparsed Address: 242 Bishop
Taxes and HOA
  • Tax Annual Amount: $2,250
  • Tax Legal Description: CHESSWOOD SECTION 1 BLK 2 LOT 12
  • Tax Year: 2024
School Information
  • Elementary School: LISD OPEN ENROLL
  • Elementary School District: 103 - Livingston
  • High School: LIVINGSTON HIGH SCHOOL
  • Middle Or Junior School: LIVINGSTON JUNIOR HIGH SCHOOL
Property
Lot Information
  • Living Area: 3383.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 20888.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • New Construction YN: No
  • Parcel Number: C0700-0026-00
  • Property Sub Type: MultiFamily
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: 1
  • Year Built Source: PublicRecords
Interior and Exterior Features
Exterior Features
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: None
  • Cooling YN: No
  • Heating: None
  • Heating YN: No
  • Levels: One
  • Stories: 1
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Other
Multi Family Information
  • Number Of Units Total: 9
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 4
Unit 5
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 5
Unit 6
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 6
Unit 7
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 7
Unit 8
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 8
Unit 9
  • Unit Type Beds Total: 1
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 9

Property History for 242 Bishop Street

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Price Change

HARMLS #77908430

$299,900
Nov 14, 2025

Price Change

HARMLS #77908430

$314,900
Oct 7, 2025

Price Change

HARMLS #77908430

$299,900
Oct 7, 2025

Terminated

HARMLS #67042237

$325,000
Oct 7, 2025

Listed (Active)

HARMLS #77908430

$325,000
Aug 27, 2025

Listed (Active)

HARMLS #67042237

$325,000
Aug 23, 2025

Expired

HARMLS #16287029

$325,000
Jul 2, 2025

Listed (Active)

HARMLS #16287029

$325,000
Jun 30, 2025

Expired

HARMLS #51592415

$325,000
Feb 7, 2025

Listed (Active)

HARMLS #51592415

$400,000
Jun 14, 2018

Sold

HARMLS #15118624

May 2, 2018

Option Pending

HARMLS #15118624

Aug 2, 2017

Listed (Active)

HARMLS #15118624

$119,000
Jun 8, 2017

Expired

HARMLS #95256419

$138,900
Mar 8, 2017

Listed (Active)

HARMLS #95256419

$138,900
Jan 31, 2017

Terminated

HARMLS #11218021

$150,000
Jun 10, 2016

Listed (Active)

HARMLS #11218021

$150,000
Aug 4, 2015

Sold

HARMLS #69224916

May 4, 2015

Option Pending

HARMLS #69224916

Oct 7, 2014

Listed (Active)

HARMLS #69224916

$133,000
DateEvent & SourcePrice
12/16/2025

Price Change

HARMLS #77908430

$299,900
11/14/2025

Price Change

HARMLS #77908430

$314,900
10/07/2025

Price Change

HARMLS #77908430

$299,900
10/07/2025

Terminated

HARMLS #67042237

$325,000
10/07/2025

Listed (Active)

HARMLS #77908430

$325,000
08/27/2025

Listed (Active)

HARMLS #67042237

$325,000
08/23/2025

Expired

HARMLS #16287029

$325,000
07/02/2025

Listed (Active)

HARMLS #16287029

$325,000
06/30/2025

Expired

HARMLS #51592415

$325,000
02/07/2025

Listed (Active)

HARMLS #51592415

$400,000
06/14/2018

Sold

HARMLS #15118624

05/02/2018

Option Pending

HARMLS #15118624

08/02/2017

Listed (Active)

HARMLS #15118624

$119,000
06/08/2017

Expired

HARMLS #95256419

$138,900
03/08/2017

Listed (Active)

HARMLS #95256419

$138,900
01/31/2017

Terminated

HARMLS #11218021

$150,000
06/10/2016

Listed (Active)

HARMLS #11218021

$150,000
08/04/2015

Sold

HARMLS #69224916

05/04/2015

Option Pending

HARMLS #69224916

10/07/2014

Listed (Active)

HARMLS #69224916

$133,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Bishop Street

Taxable ValueLand$3,133Additions$214,077Total$217,210
Tax Record2022$2,174 ($181 / month)
Home Facts
Beds3Total Finished SqFt3,757 SqFtAbove Grade Finished SqFt3,757 SqFtLot Size20,909 SqFtStyleSingle Family ResidenceYear Built1970CountyPOLKAPNC0700002600Fireplace TypeHas Fireplace

Schools near 242 Bishop Street

This home is within Livingston Independent School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Cedar Grove Elementary School
Public1 to 5

Livingston Junior High
Public6 to 8

Livingston High School
Public9 to 12

Creekside Elementary School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

242 Bishop Street is a multi-family home for sale in Livingston, TX 77351. This property was listed for sale on October 7, 2025 by Luxely Real Estate, it's currently listed at $299,900. It has been on the market for a total of 123 days and was last sold on June 14, 2018. This listing's school district is Livingston Independent School District. Nearby schools include Cedar Grove Elementary School, Livingston Junior High and Livingston High School. 242 Bishop Street is a 3-bed, 1-bath, 3,383 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luxely Real Estate, Derek Montes, TREC #0752899

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