1915 Margalene Way Austin, TX 78728
Turnkey investment opportunity in the desirable Wells Branch community.
Property size:
1,936 SFLot size:
0.19 AcresProperty Features for 1915 Margalene Way
General Information
- Size
- 1,936 SF
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1984
Source:
Kw
Listing Agent: Michelle Adams
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Updated Duplex in North Austin
This updated duplex, located in North Austin's Wells Branch community, presents a turnkey investment opportunity. The property features two units, each with 3 bedrooms and 2 bathrooms. One unit is currently leased at $1,750 per month, below market value, with the lease expiring in February. The other unit is leased month-to-month for $1,350. The duplex offers a bright, open floor plan with a fireplace and a breakfast area. The layout provides privacy for roommates or tenants. Recent updates include granite countertops, stainless steel appliances, new fixtures, fresh interior paint, and hard tile and Pergo-style flooring, with carpet only in the bedrooms. The kitchen refrigerator and stackable washer/dryer are included. Each unit includes a private fenced yard with a deck and a one-car garage. The property is located minutes from Mopac, I-35, and toll roads, providing easy access to major employers such as Apple, Dell, and IBM. Nearby amenities include The Domain, H-E-B, Whole Foods, parks, and trails. Wells Branch offers community amenities such as a pool, trails, sports courts, and a community center. The property is suitable for generating cash flow or as a low-vacancy rental.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.6806551
- Latitude
- 30.4353158
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FAQs
What type of property is this?
Duplex - Turnkey investment opportunity in the desirable Wells Branch community.
Where is this duplex located?
The property is located at 1915 Margalene Way Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: - Updated 3 bed, 2 bath duplex in the highly desirable Wells Branch community, offering immediate rental income and long-term appreciation potential.; - Turnkey investment opportunity with one side leased at $1,750 (below market) and the other at $1,350 (month-to-month), ideal for owner-occupancy or investment.; - Recent updates include GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, new fixtures, fresh paint, hard tile/Pergo flooring, and carpet only in bedrooms.