Laurie Zimmerman
(254) 722-2828
(254) 722-2828
BEDS0
BATHS
MLS#21296965
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONKathryn Commons
SCHOOLLewisville ISD
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Composition
Year Built: 2011
Amenities
Other
Feature Descriptions
Appliances: Dishwasher
Days on Site: 4
Exterior: Brick
Flooring: Other
Parcel#: R336352
Parking: Garage
Parking Notes: Garage
Units: 5
Utilities: City Sewer, City Water
Local Schools
Elementary School: College St
School District: Lewisville ISD
Listed By / Shown By
Listed By
Agency Name: United Real Estate
Agency Contact: 214-862-3336
Agent Name: Annette Oakes
Shown By
Agent Name: Laurie Zimmerman
Agent Phone: (254) 722-2828
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 4,531.02 per month $4,006.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $525.00 Homeowner's InsuranceChange Payment Information
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391 E Main Street | MLS# 21296965
This multi-family property located at 391 E Main Street , Lewisville, TX 75057 is currently listed for sale with an asking price of $1,799,999. E Main Street is located within the Lewisville ISD school district. Search Lewisville real estate on lauriezimmerman.kellyrealtors.com today.