112 N Hatcher Ave

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.

Schools

Elementary

Valley Ridge

Middle

Delay

High

Lewisville

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21352382

Property Type

Multi-Family / Income

Status

For Sale

County

Denton

Subdivision

Hatcher-Herod Addition

Lot Size

20,037.6 sqft

HOA Dues

None

Days on Market

40 days

Listed

Aug 9, 2026

Price per Sqft

Not listed