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B+
NoAgentList RatingHow are grades calculated?Info

$535,000

NAL Estimated Property Value

2622 Gwendolyn Ln, Austin, TX, 78748

Off MarketInfo
Baths4 Bath
Baths2,436 Sq Ft
DuplexDuplex
price_per_sqft$229.89 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Refrigerator, Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,606 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04282503310000
Lot Number13
SubdivisionTanglewood Forest Sec 8
Land UseResidential
Legal DescriptionLOT 13 BLK E TANGLEWOOD FOREST SEC 8
Census Tract031900
Assessed Land Value$253,926
Assessed Improvement Value$249,856
Assessment Year2025

About this property

This prime south Austin duplex offers an amazing opportunity for investors and primary buyers alike! Each unit features an open living and dining area on the first floor overlooking a covered back patio and private backyard. The downstairs also includes a half bath, a large galley kitchen, and access to a private one-car garage and laundry area. The second floor features two large bedrooms with walk-in closets and two full bathrooms for convenience. Unit A is currently vacant and has been beautifully remodeled with luxury vinyl plank flooring, new bathroom tile, quartz and granite countertops, stainless steel kitchen appliances, painted cabinets, updated lighting, and more. It was most recently rented for $1950 per month and is now move-in ready for an owner or new tenant! Unit B is currently occupied with steady, long-term tenants. Unit B presents a fantastic opportunity for future upgrades to increase rental potential. The property also has great privacy backing up to a dry reservoir serving as a community park. Located in the Tanglewood Forest community in south Austin, this duplex is within a mile to HEB, the Menchaca entertainment district, shopping, and AISD schools. With no HOA, owners have numerous income options including short-term, mid-term, or long-term rentals!

Investor Tools

Property Icon
$535,000
Estimated Property Value
$1,020,134Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$503,782
2025
$253,926
$249,856
$503,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$503,782

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$524,875
No
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,020,134
N/A
0%
191%
$6,294/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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2622 Gwendolyn Ln | Property Details | No Agent List