601 E Covington Dr #A & B, Austin, TX 78753
Local realty services provided by:ERA Experts
Listed by: chris ricker
Office: landmark properties
MLS#:1420721
Source:ACTRIS
601 E Covington Dr #A & B,Austin, TX 78753
$550,000
- - Beds
- - Baths
- 1,223 sq. ft.
- Multi-family
- Active
Price summary
- Price:$550,000
- Price per sq. ft.:$449.71
About this home
Excellent North Austin income-producing investment opportunity with strong cash flow and long-term appreciation potential. Owned by the same owner for more than 20 years and professionally maintained throughout that time, this beautifully renovated duplex sits on an oversized approximately 0.34-acre corner lot in a predominantly single-family neighborhood. The property features two spacious 2-bedroom, 1-bath units with modern updates and consistent rental demand.
Each unit features durable, tenant-friendly finishes including wood-plank porcelain tile flooring throughout (no carpet), granite countertops, modern lighting, and upgraded Samsung stainless-steel appliances. Large living areas with floor-to-ceiling brick fireplaces add character, while converted garage spaces provide additional functional square footage ideal for a home office, game room, studio, or secondary living area.
Both units include private fenced backyards with patio space, mature oak trees, and ample shade. A new cedar fence installed in 2025 enhances privacy and outdoor appeal. The oversized corner lot is a rare feature for a duplex and adds significant long-term land value.
Major capital improvements include a full roof replacement in 2024. The property currently generates approximately $42,600 in annual gross rental income, providing immediate cash flow with future rent-growth potential.
Conveniently located near major roadways, employment centers, shopping, and dining, this turnkey duplex offers investors a compelling combination of established ownership, professional maintenance, current income, recent improvements, and long-term appreciation potential.
Owner/agent Chris Ricker /w Landmark Properties...
Contact an agent
Home facts
- Year built:1969
- Subdivision & Development:Walnut Forest
- Listing ID #:1420721
- Updated:August 31, 2026 at 01:48 PM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Dishwasher, Disposal, Free-Standing Gas Range, Refrigerator
- Living area:1,223 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:1,223 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Back Yard, Corner Lot, Front Yard, Trees-Large (Over 40 Ft)
- Construction Materials:Brick Veneer
- Exterior Features:Private Yard
- Foundation Description:Slab
Schools
- High school:Navarro Early College
- Elementary school:Walnut Creek
Utilities
- Water:Public
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$449.71
- Tax amount:$10,700 (2026)
Features and amenities
- Appliances:Dishwasher, Disposal, Free-Standing Gas Range, Refrigerator, Water Heater
Parking
- Total parking spaces:2
- Parking description:Carport
New listings near 601 E Covington Dr #A & B
- New
$319,000Active3 beds 2 baths1,590 sq. ft.6502 Bramber Ln, Austin, TX 78754
MLS# 1793632Listed by: ALL CITY REAL ESTATE LTD. CO - New
$479,000Active3 beds 3 baths1,945 sq. ft.2909 Fleet Dr, Austin, TX 78748
MLS# 2012769Listed by: HECHT REAL ESTATE GROUP - New
$475,000Active3 beds 2 baths1,550 sq. ft.10901 Parkfield Dr, Austin, TX 78758
MLS# 8449743Listed by: KELLER WILLIAMS - LAKE TRAVIS - New
$399,000Active3 beds 3 baths1,798 sq. ft.2803 Mary Elizabeth Dr, Austin, TX 78728
MLS# 1626639Listed by: 9 POINTS REALTY - New
$375,000Active3 beds 3 baths1,204 sq. ft.6711 Cruz St, Austin, TX 78741
MLS# 1740020Listed by: EQUITYWISE REALTY - New
$499,000Active3 beds 3 baths2,349 sq. ft.11205 Conchos River Trl, Austin, TX 78717
MLS# 8939509Listed by: KELLER WILLIAMS - LAKE TRAVIS - New
$647,000Active5 beds 3 baths3,559 sq. ft.1519 Tamar Ln, Austin, TX 78727
MLS# 8842259Listed by: WEST HILL REALTY - New
$699,900Active3 beds 3 baths2,266 sq. ft.7826 Wheel Rim Cir, Austin, TX 78749
MLS# 1594717Listed by: NETWORTH REALTY OF AUSTIN - New
$299,500Active2 beds 3 baths1,538 sq. ft.503 Swanee Dr #19, Austin, TX 78752
MLS# 1860765Listed by: JBGOODWIN REALTORS LT