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Listing provided courtesy of United Real Estate- MLS# 21296965MLS ProviderContact Information: Annette Oakes - 214-862-3336

391 E Main StreetLewisville, TX 75057

Multi-Family · 7,890 Sq. ft. | 0.16 Acres
$1,799,999 Active

391 E Main Street Overview

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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.

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391 E Main Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,890
  • Price/Sq.ft. $228
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lewisville ISD
  • Elementary School: College St
  • Middle Or Junior School: Delay
  • High School: Lewisville

Building Information

  • Year Built: 2011
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: LEWISVILLE
  • Subdivision Name: Kathryn Commons

General Information

  • Parcel Number: R336352
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Other
  • Building Area Total: 7890.0

General Information

  • Appliances: Dishwasher
  • Flooring: Other
  • Foundation Details: Slab
  • Interior Features: Other
  • Levels: Three Or More

Exterior

Parking Information

  • Parking Features: Garage
  • Parking Total: 10.0

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 5
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 5

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

391 E Main Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

391 E Main Street Market Data

Based on the last 30 days in this zip code

$368,865
Average List Price
$226
Average Price per Square Foot
5
Properties Sold
44
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network


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