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$299,900

  • For Sale
  • Active
  • Multi-Family
  • 9 Units
  • 3 Total Beds
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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.

Full Property Details for 242 Bishop

General

  • Price: $299,900
  • Taxes: $2,250 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Houston
  • MLS ID: 77908430
  • Updated: 12/16/2025
  • Added to Site: 102 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Location

  • Area: 44
  • County: Polk
  • Subdivision: Chesswood Sec 1
  • Driving Directions: Travel south on US-59 for 4.3 miles. Turn left on Bishop. Travel 0.2 miles and property is on the RHS.

School Information

  • Elem School District: 103 - Livingston
  • Midd School District: 103 - Livingston
  • High School District: 103 - Livingston
  • Elementary School: LISD OPEN ENROLL
  • Middle School: LIVINGSTON JUNIOR HIGH SCHOOL
  • High School: LIVINGSTON HIGH SCHOOL

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 3,383
  • Sq. Ft. Source: Appraiser
  • Living Area: 3,383 Sq. Ft.
  • Year Built: 1970
  • Year Built Source: Public Records

Lot Features

  • Lot Size Source: Appraiser

Financial Considerations

  • Tax Amount: $2,250
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • Legal Description: CHESSWOOD SECTION 1 BLK 2 LOT 12
  • Bank-owned: Yes
  • APN: C0700-0026-00
  • Section: 1

Listed by Luxely Real Estate (281) 357-9887, Derek Montes (832) 434-4509

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Listing agent

— 242 Bishop —

  • Derek Montes

    Luxely Real Estate

    832-434-4509

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 242 Bishop

School District:Livingston Independent School District
NameGradesDistance
Livingston High School
400 Fm 350 S, Livingston, TX 77351
9-125.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 Bishop Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$299,900
-4.76%
MLS
11/15/2025
Price Reduced
$314,900
-3.11%
MLS
10/07/2025
Listed
$325,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 242 Bishop

Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,174
—
$217,210
48%
2022
$2,174
—
$146,997
-1%
2022
$2,174
17%
$148,101
19%
2021
$1,858
100%
$124,799
10%
2019
100%
$113,808
-20%
2019
100%
$141,904
22%
2019
—
$116,259
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 242 Bishop

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Luxely Real Estate (281) 357-9887, Derek Montes (832) 434-4509

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242 Bishop, Livingston, TX 77351 (MLS# 77908430) is a Multi-Family property with 9 units containing 3 bedrooms and 1 full bathroom. 242 Bishop is currently listed for $299,900 and was received on October 07, 2025. Want to learn more about 242 Bishop? Do you have questions about finding other Multi-Family real estate for sale in Livingston? You can browse all Livingston real estate or contact a Coldwell Banker agent to request more information.

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