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$501,000

12003 Commonwealth Way, Austin, TX, 78759

On MarketInfo
Baths2 Bath
Baths1,936 Sq Ft
DuplexDuplex
price_per_sqft$258.78 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesNone
Lot Size9,897 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN01660503210000
Lot Number6
SubdivisionBarrington Oaks Sec 12
Land UseResidential
Legal DescriptionLOT 6 BLK B BARRINGTON OAKS SEC 12
Census Tract032700
Assessed Land Value$405,970
Assessed Improvement Value$80,231
Assessment Year2025

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.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$272,700Estimated Mortgage Balance
$253,310Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,006 /month
Positive
Cash Flow Estimate:
$1,002 /month

Interested in this property?

Mary McMahon

Christies Intl Real Estate Lone Star

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,072/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,366
$486,201
2025
$405,970
$80,231
$486,201
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,366
$486,201

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Builder Finance Inc
Credit Line (Revolving) / Heloc
$272,700
No
First
Mar 26, 2021
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,690
$253,310
50%
49%
$1,635/mo

Learn About the Market: Opportunity in Austin

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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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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12003 Commonwealth Way | Property Details | No Agent List