242 Bishop St










































Description
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.
- Listed by Derek Montes • TREC #0752899 • Brokerage DRE #9008399 • Luxely Real EstateP: (832)-434-4509 derekmontesrealestate@gmail.com
- Listed by Jonathan Laytonjon@luxelyre.com
Property Details for 242 Bishop Street
Property Details for 242 Bishop Street
| Status | Active |
|---|---|
| MLS # | 77908430 |
| Days on Market | 123 |
| Taxes | $2,250 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi Family |
| Year Built | 1970 |
| Lot Size | 0.48 AC / 20,888 SF |
| County | Polk County |
Location
Building Information for 242 Bishop Street
Payment Calculator
$1,649 per month
30 year fixed, 6.15% Interest
$1,462
$188
$0
Property Information for 242 Bishop Street
- 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
- Tax Annual Amount: $2,250
- Tax Legal Description: CHESSWOOD SECTION 1 BLK 2 LOT 12
- Tax Year: 2024
- Elementary School: LISD OPEN ENROLL
- Elementary School District: 103 - Livingston
- High School: LIVINGSTON HIGH SCHOOL
- Middle Or Junior School: LIVINGSTON JUNIOR HIGH SCHOOL
- Living Area: 3383.0
- Living Area Source: Appraiser
- Lot Size Acres: 20888.0
- Lot Size Source: Appraiser
- Lot Size Units: SquareFeet
- 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
- Pool Area: No
- Roof: Composition
- Bathrooms Full: 1
- Bathrooms Total Integer: 1
- Bedrooms Total: 3
- Cooling: None
- Cooling YN: No
- Heating: None
- Heating YN: No
- Levels: One
- Stories: 1
- Human Modified YN: Yes
- Operating Expense Includes: Other
- Number Of Units Total: 9
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 3
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 4
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 5
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 6
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 7
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 8
- Unit Type Beds Total: 1
- Unit Type Type: OneBedroom
- Unit Type Units Total: 9
Property History for 242 Bishop Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 242 Bishop Street
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
Explore Nearby Homes
- Big Thicket Lake Estates Homes for Sale
- Wild Country Lake Estates Homes for Sale
- West Livingston Homes for Sale
- Seven Oaks Homes for Sale
- Pinwah Pine Estates Homes for Sale
- Oak Terrace Homes for Sale
- Memorial Point Homes for Sale
- Lake Livingston Village Homes for Sale
- Indian Springs Lake Estates Homes for Sale
- Indian Hill Estates Homes for Sale
- Cedar Point Homes for Sale
- Cape Royale Homes for Sale
- Yaupon Cove Homes for Sale
- Twin Harbors Homes for Sale
- Holiday Lake Estates Homes for Sale
- Moscow Homes for Sale
- Livingston Homes for Sale
- Goodrich Homes for Sale
- Onalaska Homes for Sale
- Votaw Homes for Sale
- Camden Homes for Sale
- Rye Homes for Sale
- Thicket Homes for Sale
- Point Blank Homes for Sale
- Coldspring Homes for Sale
- Chester Homes for Sale
- Corrigan Homes for Sale
- Village Mills Homes for Sale
- Shepherd Homes for Sale
- Warren Homes for Sale
- 77664 Homes for Sale
- 77625 Homes for Sale
- 77399 Homes for Sale
- 77376 Homes for Sale
- 77371 Homes for Sale
- 77364 Homes for Sale
- 77360 Homes for Sale
- 77335 Homes for Sale
- 77331 Homes for Sale
- 77327 Homes for Sale
- 75979 Homes for Sale
- 75960 Homes for Sale
- 75939 Homes for Sale
- 75936 Homes for Sale
- 75845 Homes for Sale
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
Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.









































