New Roof. Updated Duplex in Prime North Austin
1915 Margalene Way, Austin, TX 78728
Do not miss this turnkey duplex in the highly desirable Wells Branch community. This well maintained 3 bedroom, 2 bathroom property offers immediate rental income and strong long term appreciation potential in one of North Austin’s most in demand locations.
Unit B has been updated and is move in ready for an owner occupant. Unit A is currently leased at $1,450 per month on a month to month basis, offering flexibility for future plans. This setup is ideal for house hacking or for investors looking to offset their mortgage with rental income.
The interior features a bright open floor plan with a cozy fireplace, 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 and dryer convey, making this an easy property to occupy or lease.
There is no HOA, though some deed restrictions apply through Wells Branch MUD. The property includes a private fenced backyard with a deck, a one car garage, and low maintenance finishes throughout. A new roof adds peace of mind. The home shows beautifully and is ready for tenants or a new owner.
The location offers quick access to Mopac, I 35, and toll roads, with major employers such as Apple, Dell, and IBM nearby. The Domain, HEB, Whole Foods, parks, and trails are just minutes away. Wells Branch also offers 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.