$850,000

112 N Hatcher Ave, Lewisville, TX 75057

  • 5 beds |
  • 3 baths |
  • 2,574 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $330/sqft
  • Property List Date Icon Listed 7 days ago

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.

Listing Status:
Active
Data Last Updated:
August 16, 2026 at 5:17PM
Listing Office:
Pax Realty : 972-974-1821
Listing Agent:
Drew Elliott :
MLS ID:
21352382
  • General: Eat-in KitchenOpen FloorplanNatural Woodwork
  • Appliances: Gas CooktopGas Oven
  • Flooring: Hardwood
  • A/C: Central AirCeiling Fan(s)
  • Heating: Central
  • Pool: None
  • Parking: Additional ParkingAsphaltCarportUnpavedParking spaces: 3
  • Roofing: Tile
  • General: Wood Siding1Slab
  • Originating MLS: NTR
  • School District: Lewisville ISD
  • County: Denton
  • Zoning: SL9647A-000000A-0000
  • Utilities: Electricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Drew Elliott , Pax Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location