About This Home

This 5-bedroom, 3-bathroom multi-family at 112 N Hatcher Ave in Lewisville, TX is listed for $600,000. Built in 1940, on a 0.46 acres lot.

Key Features

  • Built in 1940
  • 0.46 acre lot
  • 3 parking spaces

Property Details

1 story
3 full
3 spaces
1940

Amenities

HardwoodA/C
Listing 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.

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

112 N Hatcher Ave

Lewisville, TX 75057

Hatcher-Herod Addition

Features & Amenities

Interior Features

EatInKitchenOpenFloorplanNaturalWoodwork

Property Details

Flooring

Hardwood

Construction

WoodSiding

Parking

Paved or SurfacedCarport

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

GasCooktopGasOven

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 112 N Hatcher Ave is listed at $600,000. The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.46 acre lot, 3 parking spaces. Interior Features: EatInKitchen, OpenFloorplan, NaturalWoodwork.

This property is listed by Drew Elliott.

DE

Drew Elliott

Agent at Pax Realty

Listed by Pax Realty · Broker phone: 972-974-1821 · View on Broker Site

MLS# 21352382· Source: North Texas Real Estate Information Systems, Inc.· 4 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

112 N Hatcher Ave, Lewisville, TX 75057

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