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Duplex Income Property Opportunity
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1500 PARK LN, Georgetown, TX 78628

Auction-listed duplex offering two rental residences at 1500 Park Ln in the Austin MSA.

Property Size11,784 SF
Days on Market54

Property Features for 1500 PARK LN

General Information

Standard status Active
Size 11,784 SF
Property subtype Multifamily

Building Details

Year Built 1974
Year Renovated 1979
Buildings 8
Stories 1
Units 14
Listing Agency: Marcus & Millichap - Dallas
Listed By: Derek Schuster · License #685656
Source: Crexi
Added: Jun 19 Changed: Aug 8 Last Checked: Aug 11 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This Georgetown duplex is offered for sale as a two-residence rental property. The listing reflects a duplex/multifamily residential income structure, and the property is listed with total size of 11,784 square feet. Interested bidders are directed to the link in the OM and flyer for the auction details and full property information.

The property is located at 1500 Park Ln in Georgetown, Texas (Austin MSA). The seller’s materials indicate an auction event scheduled for August 3–5, 2026, with a stated starting bid of $450,000.

For buyers and investors seeking a straightforward residential income asset, this duplex format can provide a practical basis for managing two separate rental spaces within one property. Because the auction materials are referenced for the complete packet and property specifics, prospective purchasers should review the OM and flyer before bidding to confirm unit configuration, condition, and any other terms relevant to the purchase.

Key Highlights

  • Auction‑listed duplex with 2 rental residences at 1500 Park Ln in the Austin MSA
  • Year built: 1974
  • Starting bid: $450,000

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 78628, TX

40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Auction-listed duplex offering two rental residences at 1500 Park Ln in the Austin MSA.
Where is this duplex located?
The property is located at 1500 PARK LN Georgetown, TX.
What are key features of this property?
This property features: Auction‑listed duplex with 2 rental residences at 1500 Park Ln in the Austin MSA; Year built: 1974; Starting bid: $450,000
(972) 755-5200 Call to check price and availability
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