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Description

Strategic duplex investment - live for less while building wealth in NW Austin. Rare opportunity to own a cash-flowing duplex backing to greenbelt, providing privacy, nature access, and long-term value appreciation in NW Austin’s proven rental market. This property is perfectly positioned for the savvy investor seeking immediate rental income with owner-occupant financing advantages. One side is leased to a long-term tenant at market rate (9 years), while the other side is vacant and move-in ready — perfect for an owner-occupant looking to offset a large portion of their mortgage with rental income. This is house-hacking at its finest. Live in one unit while your tenant covers part of your mortgage payment. Take advantage of lower interest rates, lower down payment options, and easier qualification with an owner-occupied loan while building equity and gaining the full benefit of future market appreciation on the entire property — even while only paying a portion of the mortgage yourself. Both units offer 2 bedrooms, 2 baths, spacious living areas with cozy fireplaces, convenient hard tile flooring throughout no carpet, 1-car garages, and private fenced backyards backing to a small creek and wooded greenbelt. Zoned to highly rated Round Rock ISD schools and just two blocks from the scenic Lake Creek hike and bike trail. Located in Austin's tech corridor with quick access to Parmer Ln, Hwy 183, SH 45, the MetroRail, and major employers like Apple, eBay, Electronic Arts, Dell Children's, and Texas Children's Hospitals. Plus, you're just minutes from shopping, dining, and entertainment - including Austin's second downtown, The Domain.

Contact Agent

Col Realty

(512) 699-3810

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Property Details

Status	Active
MLS #	ACT224076619
Taxes	$8,334 (2025) / year
Type	Residential Income
Year Built	1984
Lot Size	0.15 AC / 6,534 SF
County	Williamson
Subdivision	Clear Creek Add
Garage Spaces	2

Property Information

Interior

Ceiling Fan(s)No Interior StepsPantryPrimary Bedroom on MainWalk-In Closet(s)

Exterior

Gutters Full

Appliances

DishwasherElectric RangeMicrowaveRefrigeratorElectric Water Heater

Community

Cluster MailboxCurbsTrail(s)

Parking

AttachedDrivewayGarageGarage Faces FrontSide By Side

Utilities & Construction

Heat: Central, ElectricAC: Central Air, ElectricNo Carpet, TileRoof: CompositionFoundation: Slab

Directions: North on Parmer Lane - Turn left onto Anderson Mill Road, right on Morris Road (at the light), right onto the last street, Water Oak Lane. Property will be on the left.