12003 Commonwealth WAY, Austin, Texas, United States, 78759
478,000
for Sale
9,896.83
About the property:
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.
Showing Instruct:
- Property Type:
- Duplex
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.2272
- Square Feet:
- 1936
- Area:
- 1N
- Subdivision:
- Barrington Oaks Sec 12
- Central A/C:
- Yes
- Central A C Details:
- Central Air
- Water:
- MUD
- Heating:
- Central
- Interior Features:
- Ceiling Fan(s), Pantry, Primary Bedroom on Main
- Appliances:
- Built-In Gas Oven, Refrigerator
- Sewer:
- MUD
- Directions:
- GO NW ON 183, L ON OAK KNOLL, R ON JOLLYVILLE, 4 BLKS TO COMMONWEALTH ON R Priv Rmrks: GREAT LOCATION. 5 MIN. TO ARBORETUM. WELL KEPT NEIGHBORHOOD. GREAT TREE COVERAGE.
- Association Fee:
- 0
- Annual Property Taxes:
- 9,356.52
- Listing ID:
- 9204389
Rooms
Dimensions
Brokered by:
Christies Intl Real Estate Lone Star
Presented By: