242 Bishop St

3,383 Sq. Ft.
$74 / Sq. Ft.
3,383
Sq. Ft.
$74
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: 05/21/2026 04:09 PM

Property Details for 242 Bishop Street

StatusActive
MLS #77908430
Days on Market227
Taxes$2,250 / year
HOA Fees-
Condo/Co-op Fees-
Property 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

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OriginPoint Mortgage or Rocket Mortgage1

$1,433 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,245

Property Taxes

$188

HOA Dues

$0

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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
Mar 18, 2026

Price Change

HARMLS #77908430

$249,900
Feb 12, 2026

Price Change

HARMLS #77908430

$284,900
Dec 16, 2025

Price Change

HARMLS #77908430

$299,900
DateEvent & SourcePrice
03/18/2026

Price Change

HARMLS #77908430

$249,900
02/12/2026

Price Change

HARMLS #77908430

$284,900
12/16/2025

Price Change

HARMLS #77908430

$299,900

For completeness, we 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
Creekside Elementary School
Public1 to 5

Livingston Junior High
Public6 to 8

Livingston High School
Public9 to 12

Cedar Grove 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

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 $249,900. It has been on the market for a total of 227 days and was last sold on June 14, 2018. This listing's school district is Livingston Independent School District. Nearby schools include Creekside 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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