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$600,000

112 Hatcher Ave

Lewisville, TX
Active
5
Bedrooms
3
Bathrooms
2,574
Square Feet
0.46
Lot Size (acres)
1940
Year Built
39
Days On Market

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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Listing Information

Listing Updated
2 days ago
Listed By
Drew Elliott, 9729890202 · Pax Realty, 9729741821
MLS#
21352382
Source
North Texas Real Estate Information Systems (NTREIS)
Status
Active

Facts & Features

Location

Community Information

Address
112 N Hatcher Ave, Lewisville, TX 75057
City
Lewisville
County
Denton
Neighborhood
Hatcher-Herod Addition
Zip Code
75057

Architecture

Bedrooms
5
Bathrooms
3
Year Built
1940
Construction Materials
Wood Siding
Building Area
2,574 sq. ft.
Foundation
Slab
Roof
Tile
Levels
One
Garage Spaces
0
Parking Features
Asphalt, Carport, Additional Parking, Unpaved

Features & Amenities

Interior Features
Eat-in Kitchen, Open Floorplan, Natural Woodwork
Appliances
Gas Cooktop, Gas Oven
Flooring
Hardwood
Cooling
Ceiling Fan(s), Central Air
Heating
Central

Property Features

Lot Size
0.46 Acres
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Square Footage

Total
2,574 sq. ft.

Tax & Financial Information

List Price
$600,000

Schools

100/100
Stem Academy At Hedrick Middle
Middle · Grades 06–08 · 2 mi
City
Lewisville
Students
665
Parent reviews
5.0★ avg · 1 review
Student body
53% Hispanic / Latino · 27% White · 9% Asian
Free/reduced lunch
63%
Phone
(469) 713-5188
99/100
College St Elementary
Grades M–M · 0.1 mi
City
Lewisville
Students
355
Student body
45% Hispanic / Latino · 40% White · 12% Black
Free/reduced lunch
69%
Phone
(469) 713-5965
89/100
Central Elementary
Elementary · Grades PK–05 · 0.5 mi
City
Lewisville
Students
960
Student body
95% Hispanic / Latino · 3% White · 1% Black
Free/reduced lunch
93%
Phone
(469) 713-5976
75/100
Lewisville High School
High · Grades 09–12 · 1.2 mi
City
Lewisville
Students
4,286
Parent reviews
4.8★ avg · 4 reviews
Student body
56% Hispanic / Latino · 20% Black · 14% White
Free/reduced lunch
60%
Phone
(469) 713-5190
57/100
Founders Classical Academy
7th & Above · Grades KG–12 · 1.7 mi
City
Lewisville
Students
911
Student body
61% White · 17% Hispanic / Latino · 10% Asian
Free/reduced lunch
13%
Phone
(972) 316-3663
55/100
Lewisville H S C Douglas Killough Campus
7th & Above · Grades 09–11 · 1.5 mi
City
Lewisville
Students
965
Student body
53% Hispanic / Latino · 30% White · 10% Black
Free/reduced lunch
58%
Phone
(469) 713-5987
54/100
Premier H S Online
High · Grades 09–12 · 2 mi
City
Lewisville
Students
2,980
Student body
52% White · 30% Hispanic / Latino · 12% Black
Free/reduced lunch
48%
Phone
(972) 316-3663
52/100
Mill Street Elementary
Elementary · Grades PK–05 · 0.5 mi
City
Lewisville
Students
595
Student body
71% Hispanic / Latino · 14% White · 9% Black
Free/reduced lunch
75%
Phone
(469) 713-5965

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/14/2026Price change$600,000
08/09/2026Listed for sale$850,000

Listed by Drew Elliott · Pax Realty · 9729741821

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: September 14, 2026 at 2:07 PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21352382

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