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237 Culver Street

Longview, TX 75602

$239,000

7 units · 1943

Units7
Building area3,357 sq ft
Year built1943
Gross income$64,800/yr
Cap rate17.32% as listed
Parking10 spaces
Lot size0.23 acres
TypeApartment

What it costs to own

Taxes$2,763 per year
HOANone listed
Operating expenses$23,402 per year — as listed
Insurance$1,500 per year — as listed
Net operating income$41,398 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

INCOME-PRODUCING RESIDENTIAL PROPERTY
Seller is reviewing offers over the next few days. Please bring your back-up offers......
Unique Longview Opportunity! Seller Financing Available with $20K Down

Exceptional flexibility and cash-flow potential in Longview! Spanning 3,357 sq ft across multiple structures on a mature 0.23-acre lot, this unique property offers an incredible layout for house-hackers, multi-generational living, or seasoned investors looking for established residential income. 10% discount offered for all-cash buyers!

Property Highlights:

Income Potential: Historically operated with multiple residential living spaces, currently generating ~$5,400 per month in gross rental income ($64,800 annually).

Flexible Layout: Ample space across main and auxiliary structures for multi-unit rental configurations or owner-occupant living with income generation.

All-Cash Special: 10% discount available for all-cash offers.

Financing Terms: Seller financing available with $20,000 down. if seller financing option is selected.

Utilities & Parking: Off-street driveway access; full City of Longview water, sewer, electric, and gas utilities.

Location: Prime convenience with easy access to the S. Green St. and S. Mobberly Ave. corridors.

Seller Support: Seller is willing to provide up to 60 days of post-closing transition assistance for a smooth operational and tenant handoff.

Zoning & Usage Disclosure:
Property is zoned SF-5 (Single-Family Residential). Buyer to independently verify all permitted uses, non-conforming status, occupancy limits, and zoning compliance with the City of Longview during the inspection period. Financial statements and rent rolls available to qualified buyers upon request.

Showing Terms:
To minimize tenant disruption, initial showings are strictly limited to the exterior and one designated vacant unit. Access to occupied spaces will be provided upon an accepted purchase contract with standard tenant notice.

The details

HeatingNatural Gas, Space Heater
CoolingCeiling Fan(s), Window Unit(s)
FlooringLaminate, Linoleum, Tile
AppliancesElectric Oven, Gas Oven, Microwave, Refrigerator
Interior featuresPantry, Walk-In Closet(s)

Construction materialsBrick, Siding
RoofAsphalt, Shingle
FoundationPillar/Post/Pier

Lot featuresAcreage
Water sourceCity Water, Master Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Master Gas Meter

SubdivisionSouth Highlands

ElementaryDoris Mcqueen
Middle schoolFoster
High schoolLongview
DistrictLongview ISD

Gross income$64,800 per year
Operating expenses$23,402 per year
Insurance$1,500 per year
Cap rate17.32% — as listed
Net operating income$41,398 per year

MLS #21352674
Source
Price changeReduced by $11,000 · Aug 26, 2026
On the market64 days
CountyGregg

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 12 mi
Nearest parkHugh Camp Memorial Park · 13 mi

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Listing courtesy of United Real Estate Frisco — Yaw Asante.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21352674. Information last updated October 12, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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