12003 N Commonwealth Way, Austin, TX 78759

$489,000
1,936
SqFt

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List Price
$489,000
Status
ACTIVE
MLS#
5202805
Price Change
▼ $5,000 1783361175
Days on Market
181
Living Area
1,936
Lot Size
9,896
Area
Austin - Northwest

Property Description

An excellent opportunity to acquire a well-located duplex currently leased with long-term tenants in place, providing immediate and stable income. The property offers strong fundamentals with functional layouts, generous natural light, and private living spaces that appeal to long-term renters. Located on Commonwealth Way, this duplex benefits from a desirable neighborhood setting with convenient access to major roadways, major employers, shopping, and daily amenities. Each unit feels more like a single-family residence, enhancing tenant retention and long-term value. With rents positioned below market, this property presents a clear opportunity for future rental rate increases, making it an attractive option for investors seeking both steady cash flow and upside potential. Whether held as a long-term asset or optimized through gradual rent adjustments, this duplex offers flexibility, stability, and growth.

Additional Information

Taxes
$9,356
Tax Year
2025
Year Built
1983
Garage Spaces
1
Parking Spaces
2
Exterior Features
None
Interior Features
Ceiling Fan(s), Pantry, Primary Bedroom on Main
Roof
Asphalt
Appliances
Built-In Gas Oven, Refrigerator
Construction
Frame, HardiPlank Type
Num Fireplaces
1
Region
Austin - Northwest
View
No View
School District
Round Rock ISD
Elementary School
Caraway
High School
Westwood
Middle School
Canyon Vista
Sewer
MUD
Stories
1
Street Name
N Commonwealth Way
Street Number
12003
Neighborhood
Barrington Oaks Sec 12
Water
MUD
Acres
0.23
County
Travis
Floor
Carpet, Laminate
Heating
Central
Lot Description
Back Yard, Front Yard

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Calculator source: Real Geeks

Listing courtesy of Christies Intl Real Estate Lone Star. Contact: (512) 270-8586

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