1915 Margalene Way, Austin, TX 78728

Local realty services provided by:ERA Experts
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

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Home facts

  • Year built:1984
  • Listing ID #:3872286
  • Updated:December 29, 2025 at 04:12 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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