Favorite Listings
Lewisville, TX 75057
$1,799,999

About this home

Rare opportunity to acquire a fully leased multifamily asset in the heart of Historic Old Town Lewisville. Located at 391 E. Main Street, this well-maintained townhome community consists of five spacious residential units, each featuring modern finishes, open-concept living areas, granite countertops, stainless steel appliances, in-unit laundry, and attached two-car garages.

Currently 100% occupied, the property offers immediate, stable cash flow with strong rental demand driven by its prime location. Residents enjoy walkable access to Old Town Lewisville's vibrant dining, entertainment, retail, and community amenities, as well as convenient proximity to the A-Train station, I-35E, and major employment centers throughout the DFW Metroplex.

Built in 2011, this turnkey investment presents an attractive opportunity for investors seeking a low-maintenance asset with consistent occupancy history and long-term appreciation potential in one of Denton County's fastest-growing submarkets. The combination of modern construction, desirable unit layouts, and a highly sought-after downtown location makes this a standout addition to any investment portfolio.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
7890
Levels
Three Or More
Living Area
0
Lot Size (Acres)
0.16
Property Subtype
Apartment
Property Type
Residential Income
Status
Active
Year Built
2011

Interior

Appliances
Dishwasher
Cooling
Central Air
Fireplaces
0
Flooring
Other
Heating
Central
Interior Features
Other

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Lewisville
County
Denton
School District
Lewisville ISD
ZIP Code
75057
State
TX
Subdivision
Kathryn Commons

Financial

Price
1799999

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Annette Oakes
Listing Office
United Real Estate
MLS #
21296965
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21296965

Listing agents

Listing AgentAnnette OakesUnited Real Estate
Co-Listing AgentAlexandra Fincher

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