LKV Realty
Logo
$250,000
$1,400Reward *
237 E Culver Street, Longview, TX 75602Listing ID 21352674

237 E Culver Street, Longview, TX 75602

Contingent
South Highlands
Time on site: 5 daysLast updated: 9 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
7
Square Feet
Square Feet
3,357
Acres
Acres
0.23
Days on Site
Days on Site
5
Cooling
Cooling
Ceiling Fan(s), Window Unit(s)
Heating
Heating
Natural Gas, Space Heater
Year Built
Year Built
1943
Parking
Parking
Driveway, Off Street, Parking Lot

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

Property Information

Property Details

Location

Address
237 E Culver Street
County
Gregg
City
Longview
Zip Code
75602
Subdivision
South Highlands
School District
Longview ISD
High School
Longview
Elementary School
Doris Mcqueen

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
7

Building

Building Information

Square Feet
3,357
Year Built
1943
Construction
Brick
Foundation
Pillar/Post/Pier
Roof
Asphalt, Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,763
Yaw AsanteUnited Real Estate Frisco, (972) 372-0590

Market Report for 75602

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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