112 N Hatcher Ave

Lewisville, TX 75057
$850,000
5 beds
3 baths

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 Type: Multifamily - Triplex
MLS Status: Active
MLS: 21352382
Year Built: 1940
County: Denton
Tract or Division: Hatcher-Herod Addition
List Date: 08/09/2026
Area:
Square Feet:
Total Beds: 5
Full Baths: 3
Half Baths: 0
Acres: 0.46
Lot Size (sqft): 20,038

800.451.8055

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Interior Features

 
Appliances:
  • GasCooktop
  • GasOven

Additional Property Details

 
Listing Agent: Drew Elliott
Broker: Pax Realty
Listed by: Drew Elliott, Pax Realty

Location

Schools

School Name Grades Admission
Mill Street Elementary School PK - 5 Regular
Lewisville High School Killough 9 - 10 Regular
Delay Middle School 6 - 8 Regular
Lewisville High School 11 - 12 Regular
Unassigned EE - EE Regular
5 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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