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$450,000
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Property Description
New roof soon* 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 $1,450 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.
Full Property Details
Full Property Details for 1915 Margalene Way
General
- Price: $450,000
- Taxes: $8,587 (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 3872286
- Updated: 12/8/2025
- Added to Site: 148 day(s) ago
Interior
- Interior Features: None
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room
- Appliances: Dishwasher, Free-Standing Gas Oven, Microwave
- Flooring: Carpet, Tile, Vinyl
Rooms
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: None, Curbs
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Additional Parking, Off Street
Location
- Area: N
- County: Travis
- Subdivision: Wells Branch Ph C Sec 03
- Driving Directions: From MOPAC exit Wells Branch and head East on Wells Branch. Take a Left on Surrender Avenue and then a right on Margalene Way. Duplex will be down on the right. From I-35 exit Wells Branch and head West on Wells Branch. Take a Right on Alex Ave and then a Left on Margalene Way. Duplex will be down on the left.
- Direction Faces: Northeast
School Information
- Elem School District: Pflugerville ISD
- Midd School District: Pflugerville ISD
- High School District: Pflugerville ISD
- Elementary School: Northwest
- Middle School: Westview
- High School: John B Connally
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick Veneer
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 1,936
- Sq. Ft. Source: Public Records
- Living Area: 1,936 Sq. Ft.
- Year Built: 1984
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1917
- Lot Size (Sq. Ft.): 8,350.45
- Fence: Yes
- Lot Features: Front Yard
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Assessment Amount: $450,000
- Tax Amount: $8,587.12
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 11 BLK T WELLS BRANCH PHS C SEC 3
- Disclosures/Reports: None
- Property ID: 2682010060000
- Block: T
- Lot Number: 11
Listed by AIR Property Group
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Schools
Schools serving 1915 Margalene Way
School District:Pflugerville Independent School District
| Name | Grades | Distance |
|---|---|---|
Northwest Elementary School, Austin, TX 14014 Thermal Drive, Austin, TX 78728 | PK-5 | 0.3 mi |
Westview Middle School 1805 Scofield Lane, Austin, TX 78727 | 6-8 | 1.4 mi |
John B Connally High School 13212 North Lamar Boulevard, Austin, TX 78753 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1915 Margalene Way
Date
Details
Price
Change
Source
8/23/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1915 Margalene Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,008
—
$397,989
-30%
2024
$11,008
-22%
$570,302
-27%
2022
$14,070
—
$785,390
15%
2022
$14,070
67%
$680,054
88%
2021
$8,429
24%
$362,209
26%
2020
$6,823
-1%
$287,029
—
2020
$6,883
4%
$287,029
6%
2018
$6,642
25%
$270,840
-1%
2016
$5,327
-23%
$274,002
30%
2017
$6,909
31%
$211,234
2%
2015
$5,284
20%
$206,355
10%
2013
$4,393
-14%
$187,054
16%
2014
$5,095
—
$161,295
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1915 Margalene Way
1915 Margalene Way, Austin, TX 78728 (MLS# 3872286) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1915 Margalene Way is currently listed for $450,000 and was received on August 23, 2025. Want to learn more about 1915 Margalene Way? Do you have questions about finding other Duplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

