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391 E Main St

Lewisville, TX 75057
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Just listedJust listed
0.16 Lot Acres
Multi-Family - 5 Plus

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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.

MLS#
NTREIS-21296965
List Price
$1,799,999
Listing Status
For Sale
Address
391 E Main St
City
Lewisville
State
TX
Zip Code
75057
County
Denton County
Subdivision
Kathryn Commons
Property Type
Multi-Family - 5 Plus
Stories
3
Year Built
2011 /Appraisal District
Lot Size
0.16 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Parking
Garage
Utility
City Sewer,City Water

Interior

Floors
Other
Cooling
Central Air
Heating
Central
Appliances
Dishwasher

Lot Information

Lot Size
0.16 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 14, 2026 at 11:29 AM
Listing last updated Jun 10, 2026 at 12:20 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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