Date
Details
Price
Change
Source
8/31/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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
Full Property Details
Full Property Details for 601 E Covington Dr #A & B
General
- Price: $550,000
- Taxes: $10,700 (2026)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 1420721
- Updated: 8/31/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Breakfast Bar, Open Beams/Beamed Ceailings, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Main Level Primary, Recessed Lighting
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log
- Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Gas Water Heater, Refrigerator
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Patio
Parking
- Carports: Yes
- Total Spaces: 2
- Parking Features: Carport
Location
- Area: 2N
- County: Travis
- Subdivision: Walnut Forest
- Driving Directions: From I-35, Go W.on Braker 1 blk, Rt.on Oakwood, Rt.E.Covington
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Walnut Creek
- Middle School: Dobie (Austin ISD)
- High School: Navarro Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Natural Gas
Utilities
- Sewer: See Remarks
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick Veneer
- Roof: Composition
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 1,223
- Sq. Ft. Source: Public Records
- Living Area: 1,223 Sq. Ft.
- Year Built: 1969
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3452
- Lot Size (Sq. Ft.): 15,036.91
- Lot Dimensions: 105 x 140
- Fence: Yes
- Lot Features: Back Yard, Corner Lot, Front Yard, Trees Large Size
- Fencing (Description): Chain Link, Fenced, Privacy
Financial Considerations
- Assessment Amount: $522,848
- Tax Amount: $10,700.01
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, Fannie Mae, Lender Approval, VA Loan
- Owner Pays: HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Taxes
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease, Survey
- Legal Description: LOT 44 WALNUT FOREST
- Disclosures/Reports: Lead Based Paint Disclosure, Owner Is Listing Agent
- Property ID: 2502319040000
- Lot Number: 44
Listed by Landmark Properties
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Or call us at (800) 531-7667
Listing agent
— 601 E Covington Dr #A & B —
Landmark Properties
(512) 255-8873
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 601 E Covington Dr #A & B
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Walnut Creek Elementary School 401 West Braker Lane, Austin, TX 78753 | PK-5 | 0.5 mi |
Dobie Middle School 1200 East Rundberg Lane, Austin, TX 78753 | 6-8 | 1.8 mi |
Navarro Early College High School 1201 Payton Gin Road, Austin, TX 78758 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 E Covington Dr #A & B
Tax History
Tax History for 601 E Covington Dr #A & B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,279
—
$682,978
13%
2024
$11,279
-27%
$605,477
-25%
2022
$15,474
—
$811,036
4%
2022
$15,474
69%
$783,529
71%
2021
$9,140
17%
$457,066
30%
2020
$7,816
4%
$351,000
—
2020
$7,528
6%
$351,000
9%
2018
$7,089
29%
$322,758
16%
2016
$5,489
-22%
$277,326
13%
2017
$7,015
22%
$246,146
-2%
2015
$5,753
33%
$250,574
10%
2013
$4,337
-23%
$227,302
29%
2014
$5,599
—
$176,073
—
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 601 E Covington Dr #A & B
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- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 16 hours ago
- 3Beds
- 4Total Baths
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601 E Covington Drive #A & B, Austin, TX 78753 (MLS# 1420721) is a Duplex property with 0 bedrooms and 0 full bathrooms. 601 E Covington Drive #A & B is currently listed for $550,000 and was received on August 31, 2026. Want to learn more about 601 E Covington Drive #A & B? Do you have questions about finding other Duplex real estate for sale in North Austin? You can browse all North Austin real estate or contact a Coldwell Banker agent to request more information.