2013 Margalene Way
Austin, TX, 78728 $ 505,000
Baths0.0 Sq 1,949 Monthly Estimate*
$ 3,189
Studio for $505,000. This 1,949 square foot home was built in 1984 on a lot size of 0.1948.
DO NOT DISTURB TENANTS Exceptional investment opportunity in a highly desirable North Austin rental market. This well-maintained duplex has undergone extensive recent updates, providing investors with peace of mind and minimal deferred maintenance. Both units are occupied by tenants and have a strong rental history with low turnover. Major capital improvements include a new roof installed in June 2026, full exterior paint in 2025, and exterior power washing. Each unit features separate utility connections, a private one-car garage, and private outdoor space. Unit A has been significantly updated with a new HVAC system (2025), luxury vinyl plank flooring throughout, fresh interior paint, new garage door, updated electrical panel with whole-home surge protection, new refrigerator, new electric dryer, updated electrical switches and outlets, air duct cleaning, and numerous fixture upgrades. The kitchen was remodeled with updated cabinets and countertops in 2020. Unit B offers updated luxury vinyl plank flooring, fresh interior paint, updated electrical panel with whole-home surge protection, new refrigerator, dishwasher, ceiling fan, and new toilets. The kitchen was remodeled in 2022 with updated cabinets, countertops, stove, and vent hood. The HVAC system was replaced in 2019. Eligible for Wells Branch MUD amenities, including community pools, playgrounds, library, hike-and-bike trails, and year-round community events. Conveniently located near I-35, Mopac, The Domain, Apple, Amazon, Samsung, and other major employers, making this a consistently attractive location for tenants. All appliances convey with the sale, including refrigerators, washers, and dryers in both units. A turnkey duplex with extensive updates, strong rental appeal, and excellent long-term investment potential in one of Austin's most sought-after rental locations.
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FeaturesGeneralLiving Area 1949
Sewer MUD Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Natural Gas Available Phone Available
Roof Composition
Appliances Dishwasher Disposal Gas Cooktop Free-Standing Electric Oven RNGHD Water Heater
Garage Spaces 2
Patio/Porch Features Covered
Security Features Smoke Detector(s)
Construction Materials Frame HardiPlank Type
Pets Allowed Cats OK Dogs OK Number Limit Breed Restrictions
Year Built 1984
View None
Levels One
Property Subtype Duplex
Tax Year 2026
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name Wells Branch Ph C Sec 03
Facing Direction South
Green Sustainability None
Other Structures None
Status Active
Directions Wells Branch Pkwy from IH35 or MOPAC north Alex west Margalene Way
High School John B Connally
City Austin
Disclosures Seller Disclosure
MLS Area N
Lot Size Square Feet 8485.49
Elementary School Northwest
Tax Annual Amount 7848.87
Middle/Junior High School Pflugerville
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 373990
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InteriorInterior Amenities See Remarks
Flooring Vinyl
Total Fireplaces 1
Fireplace Features Living Room
Window Features Blinds
Total Bedrooms 0
Total Baths 0
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ExteriorExterior Amenities See Remarks
Fencing Back Yard Wood
Parking Features Attached Driveway Garage
Lot Features Back Yard Interior Lot
Water Source MUD
Foundation Details Slab
Lot Size Acres 0.1948
Waterfront Y/N N
Covered Spaces 2
Other Equipment None
Horse Y/N N
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* Excluded FeaturesList ByDaryl FojtikListing Agent
Advantage Austin PropertiesBroker
dfojtik@advantageaustin.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,189
- Monthly Property Taxes
- $654
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Austin, TX
Average List Price $779,870
Percent of Sale Price 54%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360520 Elementary School
4360598 Middle School
John B Connally High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $505,000 | | Listed Price |