1915 Margalene Way

Austin, TX 78728

$450,000
Price
6
Beds
1,936 Sq. Ft.
$232 / Sq. Ft.
1,936
Sq. Ft.
$232
per Sq. Ft.
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a view of an empty room with wooden floor and a fireplace
a living room with furniture and a flat screen tv
a kitchen with sink refrigerator dining table and chairs
a bedroom with a bed and a chandelier
a bedroom with a bed and furniture
a bathroom with a sink and a mirror
a utility room with dryer and washer
a bathroom with a toilet sink and mirror
a backyard of a house
a view of a house with a yard and sitting area
a kitchen with a sink a stove top oven and white kitchen
an empty room with wooden floor fireplace and windows
a kitchen with a sink stove and cabinets
an empty room with wooden floor and chandelier fan
a kitchen with a sink stove and refrigerator
an empty room with a window
a bathroom with a sink a toilet and a mirror
an empty room with a empty space and a window
a view of a small room
an empty room with wooden floor a ceiling fan and windows
a view of small space
a view of empty room
a backyard of a house with lots of green space
a backyard of a house with lots of green space

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...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.
  1. Listed by Michelle Adams • TREC #0565976 • AIR Property Group
    P: (512)-574-2969 C: (512)-574-2969 michelle@airpropertygroup.com

Property Details for 1915 Margalene Way

Subdivision Name
Wells Branch Ph C Sec 03
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
None
View YN
No
Pets Allowed
CatsOk, DogsOk
Parcel Number
02682010060000
LISTING UPDATED: 12/08/2025 07:08 PM

Property Details for 1915 Margalene Way

StatusActive
MLS #3872286
Days on Market129
Taxes$8,587 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1984
Lot Size0.19 AC / 8,350 SF
CountyTravis County

Location

Listing Courtesy of AIR Property Group, Michelle Adams, TREC #0565976
Add your commute

Building Information for 1915 Margalene Way

Stories1Residences2Year Built1984Building Size-Lot Size0.19 AC / 8,350 SF

Payment Calculator

$2,939 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,224

Property Taxes

$716

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1915 Margalene Way

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Additional Parking, Off Street
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: None
  • Flooring: Carpet, Tile, Vinyl
  • Other Equipment: None
  • Appliances: Dishwasher, FreeStandingGasOven, Microwave
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Family Room
  • Laundry Features: InUnit
  • Restrictions: NoRestrictions
Exterior
  • Exterior Features: None
  • New Construction: No
  • Construction Materials: Brick Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Direction Faces: Northeast
  • Window Features: None
  • Accessibility Features: None
  • Community Features: None, Curbs
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Front Yard
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
  • Owner Pays: None
Unit Information
Unit 1
  • UnitNum: 2
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,750.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 01-31-2026
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,750.00
  • MonthToMonthYN: No
  • FireplaceYN: Yes
  • Permission: IDX
Unit 2
  • UnitNum: 1
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,450.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 09-30-2025
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,350.00
  • MonthToMonthYN: Yes
  • FireplaceYN: Yes
  • Permission: IDX
Unit Information
  • Number Of Units Total: 2
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $450,000
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 1.93%
Showing Information
Showing Information
  • Security Features: None
  • 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.

Property History for 1915 Margalene Way

DateEvent & SourcePriceAppreciationLink
Aug 23, 2025

Listed (Active)

ACTRIS #3872286

$450,000——
Jul 31, 1998

Sold

ACTRIS #460347

—
Jun 19, 1998

Pending

ACTRIS #460347

$129,777—
Apr 13, 1998

Listed (Active)

ACTRIS #460347

$129,777—
DateEvent & SourcePrice
08/23/2025

Listed (Active)

ACTRIS #3872286

$450,000
07/31/1998

Sold

ACTRIS #460347

—
06/19/1998

Pending

ACTRIS #460347

$129,777
04/13/1998

Listed (Active)

ACTRIS #460347

$129,777

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1915 Margalene Way

Taxable ValueLand$190,202Additions$207,787Total$397,989
Tax Record2024$11,008 ($917 / month)
Home Facts
Total Finished SqFt1,936 SqFtAbove Grade Finished SqFt1,936 SqFtStories1Lot Size8,350 SqFtStyleDuplexYear Built1984CountyTRAVISAPN02682010060000Fireplace TypeHas Fireplace

Schools near 1915 Margalene Way

This home is within Pflugerville Independent School District.
Rating
School
Type
Grades
Distance
Northwest Elementary School
Public - PK to 5
Westview Middle School
Public - 6 to 8
John B Connally High School
Public - 9 to 12
Windermere Primary School
Public - PK to 2
Rating
School
Distance
Northwest Elementary School
PublicPK to 5

Westview Middle School
Public6 to 8

John B Connally High School
Public9 to 12

Windermere Primary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1915 Margalene Way, Austin, TX 78728

1915 Margalene Way is a multi-family home for sale in Austin, TX 78728. This property was listed for sale on August 23, 2025 by AIR Property Group, it's currently listed at $450,000. It has been on the market for a total of 129 days and was last sold on July 31, 1998. This listing's school district is Pflugerville Independent School District. Nearby schools include Northwest Elementary School, Westview Middle School and John B Connally High School. 1915 Margalene Way is a 6-bed, 4-bath, 1,936 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AIR Property Group, Michelle Adams, TREC #0565976

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.