About 112 N Hatcher Ave
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.
Features of 112 N Hatcher Ave
| MLS® # | 21352382 |
|---|---|
| Price | $850,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Acres | 0.46 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 112 N Hatcher Ave |
|---|---|
| Subdivision | Hatcher-Herod Addition |
| City | Lewisville |
| County | Denton |
| State | TX |
| Zip Code | 75057 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Parking Spaces | 3 |
| Garages | Additional Parking, Asphalt, Carport, Unpaved |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Eat-in Kitchen, Natural Woodwork, Open Floorplan |
|---|---|
| Heating | Central |
| Fireplace | No |
Exterior
| Roof | Tile |
|---|---|
| Construction | Wood |
| Foundation | Slab |
School Information
| District | Lewisville ISD |
|---|---|
| Elementary | Valley Ridge |
| Middle | Delay |
| High | Lewisville |
Additional Information
| Flooring | Hardwood |
|---|---|
| Net Income | $6,000 |
| Building Sqft | 2,574 |
| # Units | 2 |
Listing Details
| Agent | Drew Elliott |
|---|---|
| Office | Pax Realty |