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429 Johnson St
Longview TX 75602 US

$1,300,000

Active Listing ID 20260806
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Lot: 1.03 Acres
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Apartment

$1,300,000

Active Listing ID 20260806
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429 Johnson St Exceptional opportunity to own a well-maintained, income-producing 24-unit complex in a highly convenient South Longview location, just minutes from LeTourneau University, Interstate-20, shopping, dining and major employers. This property offers a versatile mix of eight 2/1 units and sixteen 1/1 units, appealing to a broad tenant base that supports consistently strong performance. Every unit (except one in progress) has been renovated with new flooring, granite countertops, stainless steel appliances, new windows, about 50% of the AC units and more! Occupancy is a major highlight, as vacancy is not typical and normally operates at 100% occupancy. Designed with investor efficiency in mind, the complex generates a sizable annual profit - with room to increase with recent renovations. Tenants cover their electric bills and contribute $70 per month plus RUBS (Ratio Utility Billing System) toward shared utilities such as water and trash, helping to keep operating expenses predictable and controlled. A 1300 sq. ft. detached building includes an on-site, pay-for-use laundry facility that provides an additional income stream. The opposite side of that same building includes extra space that could serve as an on-site office, additional storage, one more unit or possibly 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.

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Property Features

  • Facts
  • Lot Size: 1.03 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Apartment
  • Features
  • Exterior Finish: Fence
  • Roof Type: Flat

Property

  • propertytype: Commercial Sale
  • propertysubtype: Apartment
  • listprice: 1300000
  • unparsedaddress: 429 Johnson St
  • postalcity: Longview
  • stateorprovince: TX
  • country: US
  • postalcode: 75602
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.03
  • lotsizeunits: Acres
  • lotsizearea: 1.03
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Kayla Riggs
  • listagentemail: klrw436@kw.com
  • listagentkey: 3yd-LAARTX-3764
  • listagentmlsid: 3764
  • listagentpreferredphone: 9032624248
  • listagentofficephone: 9035346600
  • listofficekey: 3yd-LAARTX-306
  • listofficemlsid: 306
  • disclaimer: Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LAARTX
  • yearbuilt: 1974
  • listingcontractdate: 2026-02-06
  • countyorparish: Gregg
  • constructionmaterials: Brick
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Fence
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Tyler", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw436@kw.com", "ListBrokerageCity":"Tyler", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw436@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Realty Tyler", "ListBrokeragePhone":"(903) 534-6600", "ListBrokeragePostalCode":"75703", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6761 Old Jacksonville Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"6761 Old Jacksonville Hwy", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Tyler", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw436@kw.com", "ListOfficePostalCode":"75703", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Longview, TX", "ListingURL":"https://listings.listhub.net/pages/LAARTX/20260806/?channel=rexren", "MLSModificationTimestamp":"2026-02-06T17:26:04Z", "Neighborhoods":[{"Description":null, "Name":"LGV ISD 113"}], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Commercial/Industrial", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/6/2026 7:02:21 PM GMT
Source Updated Date: 2/14/2026 12:43:33 PM GMT

Courtesy of: Kayla Riggs, Keller Williams Realty-Tyler, klrw436@kw.com

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.