$535,000
NAL Estimated Property Value2622 Gwendolyn Ln, Austin, TX, 78748
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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!
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Learn About the Market: Opportunity in Austin




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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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