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$550,000
1420721 MLS
Excellent North Austin income-producing investment opportunity with strong cash flow and long-term appreciation potential. Owned by the same owner for more than 20 years and professionally maintained throughout that time, this beautifully renovated duplex sits on an oversized approximately 0.34-acre corner lot in a predominantly single-family neighborhood. The property features two spacious 2-bedroom, 1-bath units with modern updates and consistent rental demand. Each unit features durable, tenant-friendly finishes including wood-plank porcelain tile flooring throughout (no carpet), granite countertops, modern lighting, and upgraded Samsung stainless-steel appliances. Large living areas with floor-to-ceiling brick fireplaces add character, while converted garage spaces provide additional functional square footage ideal for a home office, game room, studio, or secondary living area. Both units include private fenced backyards with patio space, mature oak trees, and ample shade. A new cedar fence installed in 2025 enhances privacy and outdoor appeal. The oversized corner lot is a rare feature for a duplex and adds significant long-term land value. Major capital improvements include a full roof replacement in 2024. The property currently generates approximately $42,600 in annual gross rental income, providing immediate cash flow with future rent-growth potential. Conveniently located near major roadways, employment centers, shopping, and dining, this turnkey duplex offers investors a compelling combination of established ownership, professional maintenance, current income, recent improvements, and long-term appreciation potential. Owner/agent Chris Ricker /w Landmark Properties

601 E Covington Dr Unit A & B, Austin
$499,990
4 Beds ⋅ 2 Baths ⋅ 8751537 MLS
Completely remodeled and move-in ready, 605 E Covington offers the perfect combination of modern style, comfort, and investment potential in a prime Austin location. This beautifully updated 4-bedroom, 2-bath home features fresh contemporary finishes, an inviting open layout, and thoughtfully designed living spaces filled with natural light. The remodeled kitchen and bathrooms showcase stylish upgrades and modern convenience, while the spacious floorplan provides flexibility for everyday living, entertaining, or hosting guests. Every detail has been refreshed to create a clean, modern feel throughout the home. The home comes fully furnished, and all furnishings can convey with the sale, making this an exceptional opportunity for immediate rental income or effortless move-in convenience Conveniently located near The Domain, major roadways, shopping, dining, and entertainment, this property delivers both lifestyle and versatility in one beautifully updated package.

605 E Covington Dr, Austin

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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