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$498,000
5415537 MLS
Welcome to 12007 Commonwealth Way, an exceptional duplex offering the perfect opportunity for investors or owner-occupants alike. Each well-designed unit features 3 bedrooms, 2 full bathrooms, and a spacious, functional floor plan that provides comfortable everyday living. Live in one unit while generating rental income from the other, or add a strong income-producing property to your investment portfolio. Ideally situated in North Austin, this duplex is just minutes from The Domain, The Arboretum, Apple's Northwest Austin campus, and other major employers along the US-183 and MoPac corridors. Residents enjoy convenient access to H-E-B, Costco, Whole Foods, shopping, dining, and entertainment, as well as nearby outdoor destinations including Balcones District Park and Great Hills Park. With easy access to US-183, Loop 360, MoPac Expressway, and Downtown Austin, this prime location offers excellent convenience for commuters and long-term appeal for both homeowners and tenants.

12007 Commonwealth Way Unit A & B, Austin

Listing courtesy of ATX Home Realty. Contact: (512) 657-5264

$489,000
5202805 MLS
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.

12003 N Commonwealth Way, Austin

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

$370,000
9810644 MLS
The City of Austin has recently revised its land development regulations, particularly impacting multi-family lots. Under the new HOME Phase 2 amendments, the city has significantly reduced the minimum lot size required for residential construction. For multi-family developments: Lot Size Reduction: The minimum lot size has been reduced from 5,750 square feet to as low as 2,500 square feet for new developments. This change allows property owners to build multiple units on smaller lots, which is a significant shift from previous regulations. If you're considering developing a multi-family lot, it would be wise to consult the city’s updated guidelines or schedule an appointment with the city's planning department to ensure compliance with the new rules.

12001 N Commonwealth Way, Austin

Listing courtesy of Marty Kaye Realty. Contact: (512) 799-7355