112 N Hatcher Ave, Lewisville, TX 75057

Local realty services provided by:CENTURY 21 Elite
112 N Hatcher Ave,Lewisville, TX 75057
$850,000
  • 5 Beds
  • 3 Baths
  • 2,574 sq. ft.
  • Multi-family
  • Active
Listed by: drew elliott
Office: pax realty
MLS#:21352382
Source:GDAR

Price summary

  • Price:$850,000
  • Price per sq. ft.:$330.23

About this home

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.

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Home facts

  • Year built:1940
  • Subdivision & Development:Hatcher-Herod Addition
  • Listing ID #:21352382
  • Added:1 day(s) ago
  • Updated:August 09, 2026 at 10:49 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood
  • Kitchen Description:Gas Cooktop, Gas Oven
  • Living area:2,574 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Tile
  • Year built:1940
  • Building area:2,574 sq. ft.
  • Lot area:0.46 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Lewisville
  • Middle school:Delay
  • Elementary school:Valley Ridge

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$330.23

Features and amenities

  • Appliances:Gas Cooktop, Gas Oven

Parking

  • Total parking spaces:3
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 9, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Elite. GDAR Member Broker: Mike Salter