1915 Margalene Way, Austin, TX 78728
Local realty services provided by:Better Homes and Gardens Real Estate Winans
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
New roof soon* 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 $1,450 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:January 08, 2026 at 04:29 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)
New listings near 1915 Margalene Way
- New
$618,000Active3 beds 2 baths1,869 sq. ft.5620 Abilene Trail, Austin, TX 78749
MLS# 601310Listed by: THE DAMRON GROUP REALTORS - New
$399,000Active1 beds 2 baths1,040 sq. ft.3600 S Lamar Blvd #110, Austin, TX 78704
MLS# 3867803Listed by: KELLER WILLIAMS - LAKE TRAVIS - New
$240,999Active3 beds 2 baths1,343 sq. ft.5628 SE Sunday Silence Dr, Del Valle, TX 78617
MLS# 6430676Listed by: LA CASA REALTY GROUP - New
$4,650,000Active3 beds 4 baths2,713 sq. ft.1211 W Riverside Dr W #6B, Austin, TX 78704
MLS# 4156776Listed by: LPT REALTY, LLC - New
$715,000Active3 beds 2 baths1,550 sq. ft.8414 Briarwood Ln, Austin, TX 78757
MLS# 5689553Listed by: COMPASS RE TEXAS, LLC - New
$550,000Active4 beds 3 baths2,147 sq. ft.11605 Silmarillion Trl, Austin, TX 78739
MLS# 8196780Listed by: COMPASS RE TEXAS, LLC - New
$319,900Active3 beds 2 baths1,670 sq. ft.6605 Adair Dr, Austin, TX 78754
MLS# 3384772Listed by: KELLER WILLIAMS REALTY - New
$314,900Active2 beds 3 baths1,461 sq. ft.14815 Avery Ranch Blvd #403/4B, Austin, TX 78717
MLS# 2605359Listed by: KELLER WILLIAMS REALTY - New
$1,100,000Active2 beds 2 baths1,600 sq. ft.210 Lee Barton Dr #401, Austin, TX 78704
MLS# 6658409Listed by: VAN HEUVEN PROPERTIES - Open Sat, 2 to 4pmNew
$349,900Active2 beds 1 baths720 sq. ft.1616 Webberville Rd #A, Austin, TX 78721
MLS# 7505069Listed by: ALL CITY REAL ESTATE LTD. CO