189 Elm Street, Lewisville, TX 189 Elm Street, Lewisville, TX — Twilight
HELIO

Old Town Lewisville
Office Space Opportunity
With Income in Place

189 Elm Street, Lewisville, TX
$996,000
Building 1
$704,000
Building 2
$1,700,000
Portfolio Price
5,593
Total SF
100%
Leased
15
Parking
0.47 AC
Lot Size
Scroll
Investment Summary

Located in the heart of historic Old Town Lewisville, 189 Elm Street represents a rare opportunity to own an income-producing commercial property in one of DFW's most actively revitalizing urban districts. Building 1 is 100% leased with in-place income from day one. Building 2 includes Suite 106/107 — 1,447 SF available for owner-occupancy, giving a business owner the unique advantage of building equity while offsetting carrying costs with existing tenant revenue. Recent capital improvements include a new Class IV roof, fresh exterior paint, and updated landscaping. Private on-site parking is a premium and increasingly scarce amenity in Old Town. The property sits at the corner of Elm Street and S. Charles — one block from Main Street and surrounded by the city's most active dining, retail, and civic investment.

roofing
New Class IV Roof
replaced 2026
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Full Exterior Renovation
paint + landscaping 2026
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15 Private Parking Spaces
rare in Old Town
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Corner Lot
Elm St + S. Charles
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1 Block to Main Street
dining, retail, civic
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Opportunity Zone
significant tax advantages
apartment
100% Leased
Building 1 income day one
key
Owner-User Suite Available
Suite 106/107 · 1,447 SF
100% Leased

Building 1

$996,000
3,274 SF
Suite 101-102
LEASED
Resilient Health Care
Suite 103
LEASED
Suite 104
LEASED
Suite 105
LEASED
Texas Select Gutters LLC
Owner-User Opportunity

Building 2

$704,000
2,319 SF
Suite 108
LEASED
Suite 106-107
AVAILABLE · 1,447 SF
189 Elm Street, Lewisville, TX
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bar_chart_4_bars Opportunity Zone Advantage Federally designated Qualified Opportunity Zone
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Capital Gains Deferral
Defer existing capital gains tax until 2026
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Invest unrealized gains into a Qualified Opportunity Fund and defer the original tax liability. Time your exit strategically.
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Step-Up in Basis
Reduce your taxable gain by up to 10%
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Hold your OZ investment for at least 5 years and receive a 10% step-up in basis on the original deferred gain, reducing your eventual tax bill.
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Tax-Free Growth
Zero capital gains on appreciation after 10 years
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Hold your Opportunity Zone investment for 10+ years and pay zero federal capital gains tax on all appreciation. The most powerful benefit in the tax code.
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This information is for educational purposes only. Consult a qualified tax professional before making investment decisions.

189 Elm Street
Lewisville, TX
Reimagine the Spaces
Vacant
Executive Reception
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Old Town Momentum

Old Town Lewisville is in the middle of a once-in-a-generation transformation. Over the past three years, the city has invested heavily in transit-oriented infrastructure, streetscape improvements, and zoning incentives that have attracted a wave of private capital into the district. The DCTA Old Town Station sits two blocks from the property, anchoring a walkable corridor that now includes craft breweries, upscale dining, and a renovated civic theater.

New multifamily projects like Aura Main Street are delivering 325 units of density directly adjacent to the property, bringing foot traffic and a built-in customer base for ground-floor tenants. With a Frost Bank branch, the Lewisville Playhouse, and a growing roster of independent retail, Old Town is positioning itself as the cultural and commercial center of one of North Texas's most undervalued markets.

$40M
DCTA Transit Expansion
New TOD district around Old Town Station
$50M
Aura Main Street
325 residential units opening 2025
100%+
Permit Growth YOY
Since 2018 revitalization push
$16M
TIRZ Public Investment
Tax increment reinvestment since 2001
50K+
Western Days Attendance
Annual Old Town flagship event
4.1%
Population Growth
2-mile radius 2024-2029 projection

One block from Main Street. One block from transit. One block from the most active revitalization corridor in North Texas.

189 Elm Street — Old Town Lewisville
3D Virtual Tour
Site Plan
Site Plan
Suite 106/107
Suite 106/107
Suite 108
Suite 108
Floor Plans
Site Plan
Site Plan
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Suite 106/107
Suite 106/107
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Suite 108
Suite 108
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Demographics
location_on 1-Mile Radius
8,412
Population
$52,847
Median Household Income
4,102
Total Households
34.2
Median Age
62%
Renter-Occupied
radar 3-Mile Radius
71,540
Population
$68,213
Median Household Income
26,891
Total Households
33.8
Median Age
4.1%
Projected Growth (5yr)
public 5-Mile Radius
198,320
Population
$78,564
Median Household Income
72,445
Total Households
35.1
Median Age
$3.2B
Consumer Spending
Tenant Profile
  • business
    Resilient Health Care
    Building 1 · Suite 101-102
  • business
    Tenant — Suite 103
    Building 1 · Suite 103
  • business
    Tenant — Suite 104
    Building 1 · Suite 104
  • business
    Texas Select Gutters LLC
    Building 1 · Suite 105
  • business
    Tenant — Suite 108
    Building 2 · Suite 108
Owner-User Opportunity

Suite 106-107

1,447 SF

Move your business in on day one. Build equity while existing tenants offset your carrying costs. This is the rare commercial play where you win both ways — occupancy and income.

189 Elm Street
Lewisville, Texas
Information deemed reliable but not guaranteed. Equal Housing Opportunity.