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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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112 N Hatcher Ave , Lewisville, TX 75057
$850,000
Est. Payment: $4,376.17/mo
5 Bed
3 Bath
2574 Sqft
Status: active | Days on site: 15
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Drew Elliott , Pax Realty , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.46

Year Built

1940

County

Denton

Neighborhood

Hatcher-Herod Addition

School District

Lewisville ISD

Listing ID

21352382

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Gas Cooktop, Gas Oven
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Hardwood
Other:
  • Additional:Eat-in Kitchen, Natural Woodwork, Open Floorplan

Exterior Features

Garage Capacity:3
Roof:Tile
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Asphalt,Carport,Unpaved
Principal Interest
$4,376
Taxes
$542

Home Price

$850,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,376.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,376.17 $541.88 $0.00 $4,918.04
Yearly $52,514.03 $6,502.50 $0.00 $59,016.53
Total $1,575,420.89 $195,075.00 $0.00 $1,770,495.89

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Lewisville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems