Movoto Real Estate

237 E Culver St, Longview, TX 75602

  • $250,000

  • 8

    bed

  • 7

    bath

Multi-family active under contract 12 days
Movoto is helping 34 homebuyers near you

About 237 E Culver St

Property type Multi-family
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
7-Unit Multi-Family Investment - Longview, TX - Seller Financing and 90-Day Management Support Solid income-producing 7-unit Class C multi-family investment opportunity in Longview, located near LeTourneau University. Situated across two multi-story buildings on a mature, shaded 0.23-acre lot, this property presents a compelling value-add play for hands-on investors ready to modernize a well-located rental asset. Property Highlights: - Unit Mix: 7 total units (combination of 1BD, 1BA and 2BD, 1BA layouts) across 3 separate structures - Livable Space: 3,357 SF combined gross living area - Gross Income: $5,400 per month ($64,800 per year) actual gross rent - Layout and Access: Dedicated off-street driveway access servicing front and rear buildings - Zoning and Utilities: Zoned for multi-family use; City of Longview water, sewer, electric, and gas Location: Situated between S. Green St and S. Mobberly Ave corridors, convenient to LeTourneau University Site Features: FEMA Flood Zone X (outside 100-year floodplain); no known adverse easements or encroachments Investment and Seller Financing Terms: Asking Price: $250,000 (Sold As-Is) Seller Financing Terms: $20,000 down payment; 7.0 percent Interest Rate; $1,530 per month P&I (30-year amortization schedule with an 8-year balloon payment) Buyer Incentive: Includes 90 days of post-closing transitional property management assistance to ensure seamless tenant onboarding, rent collection continuity, and operational handoff. Showing Instructions: To minimize disruption to active tenants, initial showings are strictly limited to the exterior and one designated vacant unit. Full access to occupied units will be granted upon an accepted purchase contract. Buyer to independently verify all information
Listed by
Listing Agent - Yaw Asante
Listing Agent Contact: 832-216-7567
Listing Office - United Real Estate Frisco
Source: NTREIS mls logo
MLS#21352674 • last updated 1 week ago
Movoto checked NTREIS for data 7 minutes ago
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Overview
Cooling/AC CeilingFans, WindowUnits
Levels/Style Two
SubType Apartment
Virtual Tour External Link
MLS # 21352674
Status Active Under Contract
Lot Size (SqFt) 10018.8
Lot Size (Acres) 0.23
Property Tax 2763
Year Built 1943
Interior
# Full Baths 7
Total # of Bathrooms 7
Total # of Bedrooms 8
Appliances ElectricOven, GasOven, Microwave, Refrigerator
Exterior
Roof Asphalt, Shingle
Construction Brick
Foundation Pillar/Post/Pier
# Parking Spaces 10
Lot Features Acreage
Amenities / Utilities
Sewer Public Sewer
Pool None
Location
Subdivision South Highlands
County Gregg
Elementary School Doris Mcqueen
Middle School Foster
High School Longview
Elementary School District Longview ISD
High School District Longview ISD
Directions Use GPS
APN 65100000110310000
Multifamily Details
Total # of Units 7
Net Operating Income 41398
Gross Income 64800
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • TX
  • Gregg County
  • Longview
  • 75602
  • 237 E Culver St

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