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201 N Kealy St
Lewisville, TX 75057
Land For Sale · 0.91 AC

Investment Highlights

  • Highly visible ±0.9120-acre site positioned in the heart of Lewisville’s revitalized Old Town District.
  • Zoned OTMU2, allowing flexible mixed-use development including residential, retail, and office.
  • Surrounded by significant growth, including 1,000+ new multifamily units and a 175-space public parking garage nearby.
  • Triple street frontage along Kealy, Church, and E. Walters Street enhances accessibility and exposure.
  • Within walking distance of City Hall, Wayne Ferguson Plaza, and vibrant shops and dining options.
  • Located within both an Enterprise Zone and an Opportunity Zone, offering potential tax advantages and economic benefits for qualifying investors.

Executive Summary

±0.9120 acres with prime visibility in the center of Lewisville’s revitalized Old Town District. This site offers an excellent opportunity for a commercial development, featuring frontage on Kealy, Church, and E. Walters Street. The property lies within an Enterprise Zone and a federally designated Opportunity Zone, which may provide significant tax and economic incentives for qualifying investors. The zoning classification is OTMU2. The location is within walking distance of City Hall, Wayne Ferguson Plaza, and the shops and restaurants of Lewisville's Old Town District. Nearby developments include over 1,000 multifamily units and a public parking garage with space for 175 cars.

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 0.91 AC
Opportunity Zone Yes
Zoning OTMU2 - Allows a variety of uses including residential/multifamily, mixed-use, retail, office

1 Lot Available

Lot

Price $1,360,510 CAD
Price Per AC $1,495,065.92 CAD
Lot Size 0.91 AC

0.9120 Acres located in the heart of Lewisville's revitalized Old Town District. This parcel of land lies with Enterprise and Opportunity Zones. Property ID: 120650.9120

  • Listing ID: 30079032

  • Date on Market: 2023-11-16

  • Last Updated:

  • Address: 201 N Kealy St, Lewisville, TX 75057

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