1915 Margalene Way
Austin, TX 78728
1936 sqft | 0.19 acres | #3872286
Description
Photos coming soon, tours by appt only. 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.
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available,
- School DistrictPflugerville ISD
- High SchoolJohn B Connally
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- SubdivisionWells Branch
- Lot DescriptionFront Yard
- Elementary SchoolNorthwest
- Middle SchoolWestview
- Original List Price$450,000
- MLS #3872286
- MLS #3872286
- Acres0.1917
- Utility SourcePublic
- CountyTravis
- Taxes Annual$8,587
- Cost450000
- Property SubtypeDuplex
- Property ConditionResale
- Square Feet1936
- Year Built1984
- FoundationSlab
- Fireplaces2
- Parking Spaces2
- Days on Market (Cumulative)1
- Pets1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-08-23 16:40:31 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Michelle Adams (#565976), Phone: (512) 574-2969
Listing Office: AIR Property Group (#700790)
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