$1,799,999
· 6,970 sqft lot
391 E Main St, Lewisville, TX 75057
Apartment · Built 2011 ·
$9,336/mo est. payment
- Stories
- 3
3D tourFlood factor 1/10
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.
Facts and features
Bathrooms
- Total Bathrooms: 0
Appliances
- Dishwasher
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Land Info
- Lot Size Acres: 0.16
- Lot Size Square Feet: 6970
Garage and Parking
- Parking Features: Garage
- Parking Total: 10
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 5
- Number of Units: 5
School Information
- Elementary School: College St
- High School: Lewisville
- Middle School: Delay
Schools
- 2
Mill Street Elementary School
elementary · K-5 · 0.4 mi
- 3
Lewisville High School
high · 9-12 · 1.7 mi
- 3
Delay Middle School
middle · 6-8 · 2.6 mi
Windmill Private School
elementary · K-1 · 0.9 mi
- 3
Central Elementary School
elementary · K-5 · 0.7 mi
Lakeland Christian Academy
elementary · K-12 · 1.0 mi
Price history
- Jun 10, 2026 · Listed$1,799,999
- May 2, 2025 · Listing Removed—
- Sep 14, 2024 · Listed$2,275,000
- May 30, 2018 · Sold—
- May 20, 2018 · Listed$995,000
- Feb 11, 2013 · Listing Removed$1,250
- Nov 11, 2012 · Listed For Rent$1,250
- Oct 22, 2011 · Listing Removed$1,175
Tax history
- 2025$2,239 tax · $130,000 assessed
- 2023$2,771 tax · $159,423 assessed
- 2022$3,510 tax · $185,000 assessed
- 2021$3,618 tax · $182,315 assessed
- 2020$3,727 tax · $184,924 assessed
- 2019$3,853 tax · $192,112 assessed
- 2018$2,909 tax · $140,615 assessed
- 2017$2,601 tax · $125,000 assessed
Home value
$1,671,100
- Cotality$1,671,100
Where it is
Listed by Annette Oakes · United Real Estate · NTREIS
