1915 Margalene Way, Austin, TX 78728
Local realty services provided by:CENTURY 21 The Hills Realty
Listed by: michelle adams
Office: air property group
MLS#:3872286
Source:ACTRIS
1915 Margalene Way,Austin, TX 78728
$450,000
- - Beds
- - Baths
- 1,936 sq. ft.
- Multi-family
- Active
Price summary
- Price:$450,000
- Price per sq. ft.:$232.44
About this home
New roof soon* Updated Duplex in Prime North Austin – 1915 Margalene Way, Austin, TX 78728
Do not miss this turnkey investment opportunity in the highly desirable Wells Branch community. This updated 3 bed, 2 bath duplex offers both immediate rental income and long-term appreciation potential in one of Austin’s most in-demand areas.
One side is leased at $1,750, which is below market value, to a long-term tenant whose lease expires in February. The other side is leased for $1,450 on a month-to-month basis. This is the perfect setup for an owner-occupant or investor who wants to take advantage of lower interest rates and house-hack a duplex.
Inside, you will find a bright, open floor plan with a cozy fireplace, a breakfast area, and a mother-in-law layout that provides privacy for roommates or tenants. Recent updates include granite countertops, stainless steel appliances, new fixtures, fresh interior paint, and durable hard tile and Pergo-style flooring, with carpet only in the bedrooms. The kitchen refrigerator and stackable washer/dryer convey, making this an easy property to lease.
Enjoy a private fenced yard with a deck, a one-car garage, and low-maintenance finishes throughout. The property shows beautifully and is ready for tenants or a new owner.
Located just minutes from Mopac, I-35, and toll roads, with easy access to major employers such as Apple, Dell, and IBM. The Domain, H-E-B, Whole Foods, parks, and trails are nearby. Wells Branch also features outstanding community amenities including a pool, trails, sports courts, and a community center.
Whether you are seeking cash flow, a house-hack opportunity, or a low-vacancy rental in a thriving area, this duplex is a must-see.
Contact an agent
Home facts
- Year built:1984
- Listing ID #:3872286
- Updated:December 17, 2025 at 08:04 PM
Rooms and interior
- Living area:1,936 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:1,936 sq. ft.
Schools
- High school:John B Connally
- Elementary school:Northwest
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$232.44
- Tax amount:$8,587 (2025)
New listings near 1915 Margalene Way
- New
$895,000Active-- beds -- baths2,335 sq. ft.618 Denson Dr, Austin, TX 78752
MLS# 2652512Listed by: COMPASS RE TEXAS, LLC - New
$924,000Active3 beds 2 baths1,924 sq. ft.3012 Hunt Trl, Austin, TX 78757
MLS# 9519309Listed by: CREEKVIEW REALTY - New
$550,000Active4 beds 2 baths2,372 sq. ft.15105 General Williamson Dr, Austin, TX 78734
MLS# 4353051Listed by: AUSTINTATIOUS512 - New
$5,995,000Active6 beds 7 baths10,637 sq. ft.2705 Island Ledge Cv, Austin, TX 78746
MLS# 9097741Listed by: MORELAND PROPERTIES - New
$1,799,000Active5 beds 5 baths4,390 sq. ft.13125 Villa Montana Way, Austin, TX 78732
MLS# 9236771Listed by: KELLER WILLIAMS - LAKE TRAVIS - New
$150,000Active1 beds 1 baths801 sq. ft.360 Nueces St #4201, Austin, TX 78701
MLS# 1083712Listed by: BERKSHIRE HATHAWAY TX REALTY - New
$332,060Active3 beds 2 baths1,533 sq. ft.11812 Murano Dr, Austin, TX 78747
MLS# 1706954Listed by: HOMESUSA.COM - New
$372,770Active3 beds 3 baths1,950 sq. ft.11908 Murano Dr, Austin, TX 78747
MLS# 3951690Listed by: HOMESUSA.COM - New
$326,280Active4 beds 2 baths1,468 sq. ft.11913 Ellena Cv, Austin, TX 78747
MLS# 4539031Listed by: HOMESUSA.COM - New
$485,000Active3 beds 3 baths1,828 sq. ft.6000 S Congress Ave #201, Austin, TX 78745
MLS# 4709988Listed by: KELLER WILLIAMS REALTY