12003 N Commonwealth Way, Austin, TX 78759
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: mary anne mcmahon
Office: christie's int'l real estate
MLS#:5202805
Source:ACTRIS
12003 N Commonwealth Way,Austin, TX 78759
$504,000
- - Beds
- - Baths
- 1,936 sq. ft.
- Multi-family
- Active
Price summary
- Price:$504,000
- Price per sq. ft.:$260.33
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.
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Home facts
- Year built:1983
- Listing ID #:5202805
- Updated:May 15, 2026 at 02:51 PM
Rooms and interior
- Flooring:Carpet, Laminate
- Kitchen Description:Built-In Gas Oven, Refrigerator
- Living area:1,936 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1983
- Building area:1,936 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Back Yard, Front Yard
- Construction Materials:Frame, HardiPlank Type
- Foundation Description:Slab
Schools
- High school:Westwood
- Elementary school:Caraway
Utilities
- Water:MUD
Finances and disclosures
- Price:$504,000
- Price per sq. ft.:$260.33
- Tax amount:$9,357 (2025)
Features and amenities
- Appliances:Built-In Gas Oven, Refrigerator
- Amenities:Pantry
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:1
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