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 Features
Parking
Additional Parking
Asphalt
Carport
Unpaved
House Interior
Eat-in Kitchen
Natural Woodwork
Open Floorplan
Cooling Information
Ceiling Fan(s)
Central Air
Heating Information
Central
Water Features
Public
Utilities
Electricity Connected
School Information
School Information for 112 N Hatcher Ave ST, Lewisville, TX 75057
Elementary School
Valley Ridge
Middle School
Delay
High School
Lewisville
Listing Courtesy: Pax Realty - 972-974-1821
Presented by: Drew Elliott
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-08-09 18:20:14
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..