12003 N Commonwealth Way, Austin, TX 78759

Austin
Local realty services provided by:ERA Experts
Listed by: mary anne mcmahon
Office: christies intl real estate lone star
MLS#:5202805
Source:ACTRIS
12003 N Commonwealth Way,Austin, TX 78759
$494,000
  • - Beds
  • - Baths
  • 1,936 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$494,000
  • Price per sq. ft.:$255.17

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:June 29, 2026 at 04:33 AM

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:$494,000
  • Price per sq. ft.:$255.17
  • 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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