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5 Beds
3 Baths
2,574 sqft

$600,000

112 N Hatcher Ave, Lewisville TX, 75057

Price per sqft$233.10
Built in1940
Property size2,574 sqft
Property typeMulti-family

Overview

Active

Updated 3 weeks ago

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.

$3,992/mo

Est. mortgage payment based on a $600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21352382

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.46 Acres

Listed by Drew Elliott with Pax Realty
Listing Contact:  

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/15/2026 at 5:40 AM UTC

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