112 N Hatcher Ave, Lewisville, TX 75057

$850,000
5
BD
3
BA

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List Price
$850,000
Status
ACTIVE
MLS#
21352382
Bedrooms
5
Bathrooms
3
Lot Size
20,037

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

Year Built
1940
Parking Spaces
3
Interior Features
Eat-In Kitchen, Open Floor Plan, Natural Woodwork
Roof
Tile/Clay
Appliances
Gas Cooktop, Gas Oven
School District
Lewisville Isd
Elementary School
Valley Ridge
High School
Lewisville
Middle School
Delay
Sewer
Public Sewer
Stories
1
Street Name
N Hatcher Ave
Street Number
112
Water
Public
Acres
0.46
County
Denton
Foundation
Slab
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Drew Elliott from Pax Realty. Contact:

Listings 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.

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