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.
| MLS # | 21296965 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 135 |
| Listing Provided By | United Real Estate | Annette Oakes |
| Units | 1 |
|---|---|
| Building(s) | 5 |
| Acreage | 0.16 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Interior Features | Other |
| Appliances | Dishwasher |
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
| Parking Features | Garage |
|---|
| Utilities | City Sewer, City Water |
|---|
| State | TX |
|---|---|
| County | Denton |
| City | Lewisville |
| Zip Code | 75057 |
| Area | Denton |
| Community Name | Kathryn Commons |
| School District | Lewisville ISD |
| Elementary School | College St |
| High School | Lewisville |
| Listing VS Median (in Kathryn Commons) | |
Price: $1,799,999 low | high Med: $0 On site: 135 low | high Med: | |
| State | TX |
|---|---|
| County | Denton |
| City | Lewisville |
| Zip Code | 75057 |
| Area | Denton |
| Community Name | Kathryn Commons |
| School District | Lewisville ISD |
| Elementary School | College St |
| High School | Lewisville |
| Listing VS Median (in Kathryn Commons) | |
Price: $1,799,999 low | high Med: $0 On site: 135 low | high Med: | |