429 Johnson St

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Description

Exceptional opportunity to own a well-maintained, income-producing 24-unit apartment complex in a highly convenient South Longview location, just minutes from LeTourneau University, I-20, shopping, dining, and major employers. This property offers a versatile unit mix of eight two-bedroom, one-bath units and sixteen one-bedroom, one-bath units, appealing to a broad tenant base that supports consistently strong performance. Nearly every unit has been renovated, allowing a new owner to step into an...Exceptional opportunity to own a well-maintained, income-producing 24-unit apartment complex in a highly convenient South Longview location, just minutes from LeTourneau University, I-20, shopping, dining, and major employers. This property offers a versatile unit mix of eight two-bedroom, one-bath units and sixteen one-bedroom, one-bath units, appealing to a broad tenant base that supports consistently strong performance. Nearly every unit has been renovated, allowing a new owner to step into an already improved asset with minimal work remaining. Occupancy is a major highlight, as vacancy is not typical and normally operates 100% occupancy. Designed with investor efficiency in mind, the complex generates over $59,000 in annual profit - with room to increase with recent renovations. Electricity is individually metered, with tenants responsible for their own electric service, and residents contribute $70 per month plus RUBS (Ratio Utility Billing System) toward shared utilities such as water and trash, helping keep operating expenses predictable and controlled. An on-site, pay-for-use laundry facility provides an additional income stream, and the laundry building includes extra space on the opposite side that could serve as an on-site office, additional storage, or even a future amenity such as a small community gym or flex space. The property also features ample on-site parking and the added benefit of two roofs that have already been replaced. With recent renovations, strong occupancy history, multiple income streams, and future upside potential, this South Longview multifamily asset offers a compelling combination of stability, cash flow, and opportunity for continued value growth.
  1. Listed by Kayla Riggs • TREC #0718668 • Keller Williams Realty-Tyler • 903-262-4248

Property Details for 429 Johnson Street

Subdivision Name
NA
Pool
No
Garage Spaces
0
Number Of Parking Spaces
30
LISTING UPDATED: 03/25/2026 05:26 PM

Property Details for 429 Johnson Street

StatusActive
MLS #21171462
Days on Market98
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1974
Lot Size1.03 AC / 44,866 SF
CountyGregg County

Location

Listing Courtesy of Keller Williams Realty-Tyler, Kayla Riggs
Add your commute

Building Information for 429 Johnson Street

Stories2Residences24Year Built1974Building Size-Lot Size1.03 AC / 44,866 SF

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$7,768 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,043

Property Taxes

$1,725

HOA Dues

$0

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Property Information for 429 Johnson Street

Summary
Location and General Information
  • Complex Name: 429 Johnson St
  • Directions: From Dallas, take I-20 East to Longview. Take Exit 595B for Loop 281 (Estes Parkway) into Longview. Merge onto Loop 281 North and continue straight. Turn onto Bronco St, then turn onto Johnson St. Property is on your lefthand side.
  • Elementary School: Bramlette
  • Elementary School Name: Bramlette
  • High School: Longview
  • High School Name: Longview
  • Middle School: Forrest Park
  • Year Built Details: Preowned
  • School District: Longview ISD
  • Geocode Confidence: High
  • Latitude: 32.45
  • Longitude: -94.72
  • State: Texas
Parking
  • Parking Features: Off Street, Parking Lot
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
Taxes and HOA Information
  • Tax Legal Description: LTS 1 THRU 4 BLK 11 (NCB 1361) ROLLINS SCHOOL
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Vinyl
  • Heating: Central, Electric
  • Interior Features: Open Floorplan
  • Appliances: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 24
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available
Property and Assessments
  • Financing Proposed: Cash, Conventional, Other
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Fire Sprinkler System
  • Property Match: APN
Lot Information
  • Lot Features: Level
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.03
  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 44866.8
  • Multi Parcel ID: No
  • Parcel Number: 60800000110010002
Multi Family
Multi-Family Information
  • Number Of Buildings: 4
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 5
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 6
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 7
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 8
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 9
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 10
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 11
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 12
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 13
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 14
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 15
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 16
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 17
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 18
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 19
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 20
  • Approximate SQFT: 0.0
  • Average Lease Amount: $.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 429 Johnson Street

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Price Change

NTREIS #21171462

$1,200,000—
Feb 27, 2026

Price Change

NTREIS #21171462

$1,250,000—
Feb 6, 2026

Listed (Active)

NTREIS #21171462

$1,300,000—
DateEvent & SourcePrice
03/25/2026

Price Change

NTREIS #21171462

$1,200,000
02/27/2026

Price Change

NTREIS #21171462

$1,250,000
02/06/2026

Listed (Active)

NTREIS #21171462

$1,300,000

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

Public Records for 429 Johnson Street

Taxable ValueLand$7,290Additions$1,121,130Total$1,128,420
Tax Record2024$20,705 ($1,725 / month)
Home Facts
Total Finished SqFt18,710 SqFtAbove Grade Finished SqFt18,710 SqFtStories2Lot Size45,041 SqFtStyleMulti-Family Res (5+ Units)Year Built1974CountyGREGGAPN6080000011-001-00-02

Schools near 429 Johnson Street

This home is within Longview Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 1 to 5
Rating
School
Distance
Ned E Williams Elementary School
CharterPK to 5

Foster Middle School
Charter6 to 8

Longview High School
Charter9 to 12

Hudson Elementary School
Charter1 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

429 Johnson Street is a multi-family home for sale in Longview, TX 75602. This property was listed for sale on February 6, 2026 by Keller Williams Realty-Tyler, it's currently listed at $1,200,000. This listing's school district is Longview Independent School District. Nearby schools include Ned E Williams Elementary School, Foster Middle School and Longview High School. 429 Johnson Street is a 0-bed, 0-bath, multi-family home built in 1974.

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 Keller Williams Realty-Tyler, Kayla Riggs

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/25/2026 05:26 PM