1915 Margalene Way, Austin, TX 78728
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by:michelle adams
Office:air property group
MLS#:3872286
Source:ACTRIS
1915 Margalene Way,Austin, TX 78728
$450,000
- - Beds
- - Baths
- 1,936 sq. ft.
- Multi-family
- Active
Price summary
- Price:$450,000
- Price per sq. ft.:$232.44
About this home
Photos coming soon, tours by appt only. Updated Duplex in Prime North Austin – 1915 Margalene Way, Austin, TX 78728
Do not miss this turnkey investment opportunity in the highly desirable Wells Branch community. This updated 3 bed, 2 bath duplex offers both immediate rental income and long-term appreciation potential in one of Austin’s most in-demand areas.
One side is leased at $1,750, which is below market value, to a long-term tenant whose lease expires in February. The other side is leased for $1,350 on a month-to-month basis. This is the perfect setup for an owner-occupant or investor who wants to take advantage of lower interest rates and house-hack a duplex.
Inside, you will find a bright, open floor plan with a cozy fireplace, a 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/dryer convey, making this an easy property to lease.
Enjoy a private fenced yard with a deck, a one-car garage, and low-maintenance finishes throughout. The property shows beautifully and is ready for tenants or a new owner.
Located just minutes from Mopac, I-35, and toll roads, with easy access to major employers such as Apple, Dell, and IBM. The Domain, H-E-B, Whole Foods, parks, and trails are nearby. Wells Branch also features outstanding 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.
Contact an agent
Home facts
- Year built:1984
- Listing ID #:3872286
- Updated:October 06, 2025 at 07:48 PM
Rooms and interior
- Living area:1,936 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:1,936 sq. ft.
Schools
- High school:John B Connally
- Elementary school:Northwest
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$232.44
- Tax amount:$8,587 (2025)
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