




$501,000
12003 Commonwealth Way, Austin, TX, 78759
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About this property
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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Learn About the Market: Opportunity in Austin




Explore
Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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