429 Johnson St, Longview, TX 75602

Local realty services provided by:CENTURY 21 Elite
429 Johnson St,Longview, TX 75602
$1,300,000
  • - Beds
  • - Baths
  • 24 sq. ft.
  • Multi-family
  • Active
Listed by: kayla riggs903-262-4248
Office: keller williams realty-tyler
MLS#:21171462
Source:GDAR

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$54,166.67

About this home

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, with only one unit currently in the process of renovation, 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

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Home facts

  • Year built:1974
  • Listing ID #:21171462
  • Added:4 day(s) ago
  • Updated:February 11, 2026 at 12:53 PM

Rooms and interior

  • Living area:24 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1974
  • Building area:24 sq. ft.
  • Lot area:1.03 Acres

Schools

  • High school:Longview
  • Middle school:Forrest Park
  • Elementary school:Bramlette

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$54,166.67
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated February 11, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Elite.