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$1,799,999
Est. payment /mo
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Kathryn Commons
MLS Listing ID 21296965
HOA Y/N None
Total Fin. Sqft 7890
Year Built 2011
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Apartment
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.
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.
Location
State TX
County Denton
Direction Please use GPS
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Appliance Dishwasher
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Story Three Or More
Foundation Slab
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools College St
Middle Schools Delay
High Schools Lewisville
School District Lewisville Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21296965
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Listed by Annette Oakes • United Real Estate
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