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12003 N Commonwealth Way, Austin, TX, 78759

6beds
4baths
1,936sqft
$504,000
$260price/sqft
$3,513/moest. monthly cost
$140,520/yrincome needed

About This Home

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.

Getting Around

67
WalkingSomewhat Walkable
28
TransitSome Transit
57
BikeBikeable

Schools

9/10
10/10
9/10
Westwood High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Built-In Gas Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Ceiling Fan(s),Pantry,Primary Bedroom on Main
  • Window features: Blinds
  • Flooring: Carpet,Laminate
  • Number of fireplaces: 1
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,936 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01660503210000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 9,896 sqft
  • Features: Back Yard,Front Yard

Parking

  • Total spaces: 1
  • Parking features: None
  • Attached garage spaces: 1
  • Covered spaces: 1