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391 E Main Street

Lewisville, Texas 75057
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Bed 0

Bed

Bath 0

Bath

Acres0.16

Acre(Lot)

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 prese nts 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,799,999

AD Id : 82514090

MLS Id : 564370931

Lot Size : 0.16 Acre

Year Built : 2011

County : Denton

Subdivision: Cityville #4

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Map

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Other

    Appliances

    Dishwasher

    Utilities

    City Sewer,City Water
  • Cooling Features

    Central Air

    Heating Source

    Central

  • Building Information

    Built Year: 2011 Building Area Total: 7,890 Construction: Brick Roof Type: Composition
  • Foundation

    Slab
  • Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 0.1600 Lot Size Units: Acres Lot Size Square Feet: 6,970
  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: Kathryn Commons City: Lewisville State: Texas Directions: Please use GPS Property Status: Active Levels: Three Or More Property Age: 15 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $1,799,999
  • Listing Information

    Possession: 30-60 Days

  • Tax Information

    Parcel Number: R336352

  • Parking Information

    Parking: 10 Parking Features: Garage
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: College St Middle School: Delay High School: Lewisville School District: Lewisville ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
251 S Mill Street #380, Lewisville, TX, 75057 $645,000 3 5 2,831 2,831 SqFt
203 S Village Way, Lewisville, TX, 75057 $415,000 3 4 1,832 1,832 SqFt
237 Conner Plaza, Lewisville, TX, 75057 $150,000 2 1 634 634 SqFt
385 Crockett, Lewisville, TX, 75057 $399,900 4 2 1,478 1,478 SqFt
510 Northside Avenue, Lewisville, TX, 75057 $424,900 2 2 1,458 1,458 SqFt
521 Millican Drive, Lewisville, TX, 75057 $399,950 3 2 1,750 1,750 SqFt
531 Beasley Drive, Lewisville, TX, 75057 $389,000 4 2 1,979 1,979 SqFt
588 Pine Street, Lewisville, TX, 75057 $337,000 3 2 1,388 1,388 SqFt
535 Degan Avenue, Lewisville, TX, 75057 $435,000 3 2 2,635 2,635 SqFt
118 W Shore, Lewisville, TX, 75057 $365,000 2 2 1,148 1,148 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/05/2026 @ 16:22

MLS: 564370931 LISTED BY: Annette Oakes, United Real Estate 972-342-2932 SOURCE: NTREIS - North Texas Real Estate Information

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