112 N Hatcher Ave, Lewisville, TX 75057
- $850,000
- 5
- BD
- 3
- BA
- List Price
- $850,000
- MLS#
- 21352382
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1940
- Construction Status
- Preowned
- Bedrooms
- 5
- Full Baths
- 3
- Acres
- 0.46
- County
- Denton
- City
- Lewisville
- Subdivision
- Hatcher-Herod Addition
Property Description
Rare mixed-use investment opportunity in the heart of Old Town Lewisville! This three-unit property at 112, 118 and 120 N Hatcher Ave sits on a single lot zoned OTMU-2, offering flexibility for continued residential income or future commercial and mixed-use redevelopment. The property includes a duplex (one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit) plus a standalone 2-bedroom, 1-bath home, all on the same parcel, with three separate addresses generating multiple income streams from day one. Located just blocks from Old Town Lewisville's shops, restaurants, and rail access, the property sits in one of the metroplex's most walkable, rapidly revitalizing downtown districts. OTMU-2 zoning provides flexibility for continued rental use or future redevelopment. A strong addition to an income portfolio, or an opportunity for a developer to capitalize on the area's continued growth.
Additional Information
- Lot Size
- 20,037
- Acres
- 0.46
- Interior Features
- Eat-In Kitchen, Open Floor Plan, Natural Woodwork
- Flooring
- Hardwood
- Foundation
- Slab
- Roof
- Tile/Clay
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Additional Parking, Asphalt, Carport, Unpaved
- School District
- Lewisville Isd
- Elementary School
- Valley Ridge
- Middle School
- Delay
- High School
- Lewisville
- Possession
- CloseOfEscrow
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Listing courtesy of Drew Elliott from Pax Realty. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: