12003 N Commonwealth Way, Austin, TX 78759

$489,000
1,936
SqFt

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List Price
$489,000
Status
ACTIVE
Days on Market
182
Price Change
▼ $5,000 1783361175
MLS#
5202805
Subtype
Residential Income
Year Built
1983
Living Area
1,936
Lot Size
9,896
Acres
0.23
Subdivision
Barrington Oaks Sec 12
Neighborhood
Barrington Oaks Sec 12
MLS Area Major
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

Amenities
Ceiling Fan(s), Pantry, Primary Bedroom on Main
Interior Features
Ceiling Fan(s), Pantry, Primary Bedroom on Main
Exterior Features
None
Taxes
$9,356
Appliances
Built-In Gas Oven, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame, HardiPlank Type
Stories
1
Levels
One
Roof
Asphalt
Garage Spaces
1
School District
Round Rock ISD
Elementary School
Caraway
Middle School
Canyon Vista
High School
Westwood
View
No View

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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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