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.
Listed By
Agency Name: Christies Intl Real Estate Lone Star
Agency Contact: (512) 270-8586
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimated Payment
$ 2,040.80 per month $1,115.01 Principal & Interest $779.67 Property Tax $146.13 Homeowner's Insurance
12003 N Commonwealth Way | MLS# 5202805
This multi-family property located at 12003 N Commonwealth Way, Austin, TX 78759 is currently listed for sale with an asking price of $501,000. N Commonwealth Way is located within the Round Rock ISD school district. Search Austin real estate on www.pealestate.com today.