1915 Margalene Way Austin, TX 78728
Wells Branch NeighborhoodEstimated payment $3,168/month
Total Views
148
6
Beds
4
Baths
1,936
Sq Ft
$232
Price per Sq Ft
Highlights
- Deck
- No HOA
- 1-Story Property
- Family Room with Fireplace
- Tile Flooring
- Central Heating and Cooling System
About This Home
Photos coming soon, tours by appt only. Updated Duplex in Prime North Austin – 1915 Margalene Way, Austin, TX 78728
Do not miss this turnkey investment opportunity in the highly desirable Wells Branch community. This updated 3 bed, 2 bath duplex offers both immediate rental income and long-term appreciation potential in one of Austin’s most in-demand areas.
One side is leased at $1,750, which is below market value, to a long-term tenant whose lease expires in February. The other side is leased for $1,350 on a month-to-month basis. This is the perfect setup for an owner-occupant or investor who wants to take advantage of lower interest rates and house-hack a duplex.
Inside, you will find a bright, open floor plan with a cozy fireplace, a breakfast area, and a mother-in-law layout that provides privacy for roommates or tenants. Recent updates include granite countertops, stainless steel appliances, new fixtures, fresh interior paint, and durable hard tile and Pergo-style flooring, with carpet only in the bedrooms. The kitchen refrigerator and stackable washer/dryer convey, making this an easy property to lease.
Enjoy a private fenced yard with a deck, a one-car garage, and low-maintenance finishes throughout. The property shows beautifully and is ready for tenants or a new owner.
Located just minutes from Mopac, I-35, and toll roads, with easy access to major employers such as Apple, Dell, and IBM. The Domain, H-E-B, Whole Foods, parks, and trails are nearby. Wells Branch also features outstanding community amenities including a pool, trails, sports courts, and a community center.
Whether you are seeking cash flow, a house-hack opportunity, or a low-vacancy rental in a thriving area, this duplex is a must-see.
Listing Agent
AIR Property Group Brokerage Phone: (512) 574-2969 License #0565976 Listed on: 08/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,587
Year Built
- Built in 1984
Lot Details
- 8,350 Sq Ft Lot
- Northeast Facing Home
- Back Yard Fenced and Front Yard
Parking
- 2 Car Garage
- Additional Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,936 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
Kitchen
- Free-Standing Gas Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
Schools
- Northwest Elementary School
- Westview Middle School
- John B Connally High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 02682010060000
- Tax Block T
Community Details
Overview
- No Home Owners Association
- Wells Branch Ph C Sec 03 Subdivision
Pet Policy
- Dogs and Cats Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,008 | $397,989 | $190,202 | $207,787 |
| 2023 | $14,701 | $785,390 | $275,000 | $510,390 |
| 2022 | $14,070 | $680,054 | $275,000 | $405,054 |
| 2021 | $8,502 | $362,209 | $75,000 | $287,209 |
| 2020 | $6,883 | $287,029 | $75,000 | $212,029 |
| 2018 | $6,760 | $270,840 | $75,000 | $195,840 |
| 2017 | $6,909 | $274,002 | $75,000 | $199,002 |
| 2016 | $5,327 | $211,234 | $40,000 | $171,234 |
| 2015 | $4,959 | $206,355 | $40,000 | $166,355 |
| 2014 | $4,959 | $187,054 | $40,000 | $147,054 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | For Sale | $450,000 | -- | $232 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Gracy Title | |
| Interfamily Deed Transfer | -- | -- | |
| Vendors Lien | -- | Gracy Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $120,800 | Unknown | |
| Closed | $126,943 | FHA |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3872286
APN: 272647
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