BEDS5
BATHS3 full
MLS#21352382
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHatcher-Herod Addition
SCHOOLLewisville ISD
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Tile
Year Built: 1940
Amenities
Eat-in Kitchen
Natural Woodwork
Open Floorplan
Feature Descriptions
Appliances: Gas Cooktop, Gas Oven
Days on Site: 21
Exterior: Wood
Flooring: Hardwood
Parcel#: SL9647A-000000A-0000
Parking: Additional Parking, Asphalt, Carport, Unpaved
Parking Notes: Additional Parking, Asphalt, Carport, Unpaved
Units: 2
Utilities: City Sewer, City Water, Electricity Connected
Local Schools
Elementary School: Valley Ridge
School District: Lewisville ISD
Listed By / Shown By
Listed By
Agency Name: Pax Realty
Agent Name: Drew Elliott
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 2,139.65 per month $1,891.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $247.92 Homeowner's Insurance
112 N Hatcher Ave | MLS# 21352382
This multi-family property located at 112 N Hatcher Ave , Lewisville, TX 75057 is currently listed for sale with an asking price of $850,000. N Hatcher Ave is located within the Lewisville ISD school district. Search Lewisville real estate on www.kellyrealtors.com today.