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For sale
  • $1,799,999

    391 E Main St, Lewisville, TX 75057

    --beds
    --baths
    7,890sqft
    : 
    $13,649/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 2011
    -- sqft lot
    $1,674,700 Zestimate®
    $228/sqft
    $-- HOA

    What's special

    Modern constructionModern finishesWell-maintained townhome communityStainless steel appliancesAttached two-car garagesGranite countertopsDesirable unit layouts
    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.
    46 days
    |
    463
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Annette Oakes 0621371 214-862-3336,

    United Real Estate 972-372-0590,

    Alexandra Fincher 0197208 972-342-2932,

    United Real Estate

    Source: NTREIS,MLS#: 21296965

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher
      Features
      • Other
      • Flooring: Other
      Interior area
      • Total structure area: 7,890
      • Total interior livable area: 7,890 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Three Or More
      • Pool features: None
      Lot
      • Size: 6,969 Square Feet
      Details
      • Parcel number: R336352

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2011

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Kathryn Commons
      HOA
      • Has HOA: No
      Location
      • Region: Lewisville

      Financial & listing details

      • Price per square foot: $228/sqft
      • Tax assessed value: $130,000
      • Annual tax amount: $2,240
      • Date on market: 6/10/2026
      • Cumulative days on market: 51 days

        Estimated market value

        $1,674,700

        $1.59M - $1.76M

        $2,030/mo

        Price history

        DateEventPrice
        6/10/2026Listed for sale$1,799,999-20.9%$228/sqft
        Source: NTREIS #21296965 Report a problem
        4/18/2026Listing removed$1,950
        Source: Zillow Rentals Report a problem
        2/25/2026Price change$1,950-4.9%
        Source: Zillow Rentals Report a problem
        2/17/2026Price change$2,050-2.4%
        Source: Zillow Rentals Report a problem
        2/5/2026Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        5/1/2025Listing removed$2,275,000$288/sqft
        Source: NTREIS #20728921 Report a problem
        9/14/2024Listed for sale$2,275,000$288/sqft
        Source: NTREIS #20728921 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,240 -15.3%$130,000 -15%
        2024$2,645 -4.6%$153,030 -4%
        2023$2,772 -21%$159,423 -13.8%
        2022$3,511 -3%$185,000 +1.5%
        2021$3,619 -2.9%$182,315 -1.4%
        2020$3,727 -3.3%$184,924 -3.7%
        2019$3,854 +32.5%$192,112 +36.6%
        2018$2,909 $140,615 +12.5%
        2017-- $125,000 +8.7%
        2016-- $115,000 +19.2%
        2015-- $96,500 +0%
        2014-- $96,494 -2.5%
        2013-- $99,000 +41.4%
        2012-- $70,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75057

        Getting around

        69 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: College St
        • Middle: Delay
        • High: Lewisville
        • District: Lewisville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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