# 429 Johnson St, Longview, TX 75602

> **TL;DR:** commercial, $1,150,000, built 1974. Est. $6,150/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,150,000 |
| Year Built | 1974 |
| Lot Size | 44,867 sqft (1.03 acres) |
| Stories | 2 |
| Property Type | Commercial (Apartment) |
| Status | Active |
| Days on Market | 31 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,815 |
| Estimated Insurance | $335 |
| **Total** | **$6,150** |

## Property Highlights

- Built in 1974
- 1.03 acre lot
- 2 stories

## Description

### Agent 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. The property features an attractive unit mix of eight 2-bedroom/1-bath units and sixteen 1-bedroom/1-bath units, appealing to a broad tenant base. Twenty-three of the 24 units have been renovated, allowing a new owner to step into an improved asset with minimal remaining work. Occupancy is a major strength, with the property historically operating at or near 100% occupancy and vacancy not typically being an issue. The complex currently generates more than $59,000 in annual profit, with additional upside potential from the recent renovations and continued operational improvements. Electricity is individually metered, with tenants responsible for their own electric service. Residents also pay $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-per-use laundry facility provides an additional income stream. The laundry building also includes bonus space on the opposite side that could be used as an on-site office, additional storage, or potentially converted into a future amenity such as a small community gym, resident lounge, or flex space. Additional highlights include ample on-site parking and two roofs that have already been replaced, reducing near-term capital expenditure concerns. With 23 renovated units, strong occupancy, multiple income streams, investor-friendly utility structures, and additional value-add potential, this South Longview multifamily asset offers an attractive combination of stability, cash flow, and long-term growth potential.

## Location

- **Address:** 429 Johnson St, Longview, TX 75602
- **County:** Gregg
- **Coordinates:** 32.453003, -94.719531
- **Google Maps:** https://www.google.com/maps?q=32.453003,-94.719531

## Listing Agent

- **Name:** Kayla Riggs
- **Brokerage:** Keller Williams Realty Tyler
- **Phone:** 9032624248
- **Broker Phone:** (903) 534-6600
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/LAARTX/20265788/?channel=propsimple)

## Photos

![429 Johnson St - Photo 1](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3141338778r.jpg)

![429 Johnson St - Photo 2](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1957315202r.jpg)

![429 Johnson St - Photo 3](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f4121809710r.jpg)

![429 Johnson St - Photo 4](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1041684704r.jpg)

![429 Johnson St - Photo 5](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3500766447r.jpg)

![429 Johnson St - Photo 6](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3009884311r.jpg)

![429 Johnson St - Photo 7](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f2417565241r.jpg)

![429 Johnson St - Photo 8](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3182577879r.jpg)

![429 Johnson St - Photo 9](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f2393805579r.jpg)

![429 Johnson St - Photo 10](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1902505415r.jpg)

![429 Johnson St - Photo 11](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1150274713r.jpg)

![429 Johnson St - Photo 12](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1558379147r.jpg)

![429 Johnson St - Photo 13](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1208374746r.jpg)

![429 Johnson St - Photo 14](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3436277256r.jpg)

![429 Johnson St - Photo 15](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f433280340r.jpg)

![429 Johnson St - Photo 16](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1483324818r.jpg)

![429 Johnson St - Photo 17](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f806229390r.jpg)

![429 Johnson St - Photo 18](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3983371029r.jpg)

![429 Johnson St - Photo 19](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3236123402r.jpg)

![429 Johnson St - Photo 20](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f1058423623r.jpg)

![429 Johnson St - Photo 21](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f180035055r.jpg)

![429 Johnson St - Photo 22](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f583598804r.jpg)

![429 Johnson St - Photo 23](http://lh.rdcpix.com/edadb74d34f4b03e38093e2527216716l-f3136122461r.jpg)

---

**MLS#:** 20265788 | **Updated:** 2026-08-13
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/429-johnson-st-longview-tx-75602-20265788)

---

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