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1915 Margalene WAY, Austin, TX 78728

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For Sale

$450,000

1,936 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $232.44
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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 $1,350 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.
MLS# 3872286

Courtesy Of AIR Property Group

(512) 574-2969

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Dishwasher, Microwave, Oven - Gas, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Vinyl
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 1915 Margalene WAY, Austin, TX 78728

Home seller CENTURY 21 Stribling Properties

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CENTURY 21 Stribling Properties

(512) 863-0021
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.