
Welcome to 12007 Commonwealth Way, an exceptional duplex offering the perfect opportunity for investors or owner-occupants alike. Each well-designed unit features 3 bedrooms, 2 full bathrooms, and a spacious, functional floor plan that provides comfortable everyday living. Live in one unit while generating rental income from the other, or add a strong income-producing property to your investment portfolio.
Ideally situated in North Austin, this duplex is just minutes from The Domain, The Arboretum, Apple's Northwest Austin campus, and other major employers along the US-183 and MoPac corridors. Residents enjoy convenient access to H-E-B, Costco, Whole Foods, shopping, dining, and entertainment, as well as nearby outdoor destinations including Balcones District Park and Great Hills Park. With easy access to US-183, Loop 360, MoPac Expressway, and Downtown Austin, this prime location offers excellent convenience for commuters and long-term appeal for both homeowners and tenants.
Property Type
Residential Income
Year Built
1983
Lot Size
0.25 acres
$/Sq Ft
$257
Garage
1 spaces
Listed by ATX Home Realty
Verified property facts
12007 Commonwealth WAY Unit #A & B is listed at $498,000 with 0 bedrooms, 1,936 square feet, 0.25-acre lot.
12007 Commonwealth WAY Unit #A & B is zoned for Round Rock ISD with assigned schools: Caraway (elementary), Canyon Vista (middle), Westwood (high). School assignments should be verified directly with the district.
12007 Commonwealth WAY Unit #A & B is in Great Hills, Austin, Texas. See the full [Great Hills neighborhood guide](/neighborhoods/great-hills-austin) for market data, schools, and lifestyle details.
12007 Commonwealth WAY Unit #A & B is a Residential Income built in 1983 featuring 0 bedrooms, 1,936 square feet, 0.25-acre lot.
12007 Commonwealth WAY Unit #A & B is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.0% | — | $383,509 | — | — |
2024-1.1% | — | $556,056 | $320,000 | $108,840 |
2023+42.3% | — | $562,263 | $240,000 | $316,056 |
2022+8.0% | — | $395,160 | $240,000 | $322,263 |
2021 | — | $365,750 | $160,000 | $235,160 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($100K)
$498,000
Luxury property intelligence
A sourced read on Great Hills pricing, timing, and property scale. No automated valuation claim.
List price
$498,000
Price per sqft
$257/sqft
Vs. Great Hills median
-52.6%
$1.1M median
Days on market
1 day
Original to current
No verified reduction
$498K original
Active inventory context
14 listings
Price Position in Great Hills
Listed 53% below the Great Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 26, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Great Hills
Active listings and buyer search context in Great Hills
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
12007 Commonwealth WAY Unit #A & B is priced at $257 per square foot across 1,936 sqft. The Great Hills median list price is $1,050,000.
The most recent annual property tax for 12007 Commonwealth WAY Unit #A & B is $9,148. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($99,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 12007 Commonwealth WAY Unit #A & B is around $3,346 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $498,000, 12007 Commonwealth WAY Unit #A & B is in the Great Hills market where there are currently 63 active listings in 78759. The Keenan Group has completed 36 transactions in 78759 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Great Hills guide](/neighborhoods/great-hills-austin).
12007 Commonwealth WAY Unit #A & B was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
12007 Commonwealth WAY Unit #A & B includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Great Hills is one of Austin's established neighborhoods, zoned for Round Rock ISD in the 78759 area. The Keenan Group has specialized in Great Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.0% | — | $383,509 | — | — |
2024-1.1% | — | $556,056 | $320,000 | $108,840 |
2023+42.3% | — | $562,263 | $240,000 | $316,056 |
2022+8.0% | — | $395,160 | $240,000 | $322,263 |
2021 | — | $365,750 | $160,000 | $235,160 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Great Hills has a golf course that most Austin residents forget exists - the Great Hills Country Club, a private 18-hole layout threaded through mature live oaks that has been quietly anchoring this neighborhood since 1980. The club's understated presence tells you everything about Great Hills itself, a neighborhood that does not draw attention but consistently delivers one of the most convenient daily lives in northwest Austin. Great Hills sits between US 183 to the south, Loop 360 to the west, and the Balcones Canyonlands to the north, placing it in the middle of Austin's tech corridor. The Arboretum forms the commercial anchor along Research Boulevard, and The Domain is about seven minutes north on MoPac. Apple's campus on Parmer is roughly 15 minutes away. IBM's Austin facility sits even closer along Burnet Road. Downtown runs about 20 minutes south on MoPac. The Arboretum area provides H-E-B, Whole Foods, and enough services to handle most errands locally. Housing dates from the late 1970s through the early 2000s, giving it a more established feel than newer communities to the north. You will find single-story ranch homes, two-story traditional builds, and larger custom homes along golf course and greenbelt lots. Most range from 2,000 to 4,000 square feet on quarter-acre to half-acre lots. Original builds feature brick and wood exteriors, while renovated homes incorporate limestone and expanded outdoor areas. Pricing runs from the mid-$500s for dated homes up to $1.5 million for renovated golf course or greenbelt properties. The mature tree canopy is a genuine asset that newer subdivisions cannot replicate. Great Hills feeds into Round Rock ISD for most addresses, which surprises buyers who assume the 78759 zip falls within Austin ISD. Spicewood Elementary and Anderson Mill Elementary serve younger grades, with Canyon Vista Middle School handling the transition. Westwood High School has a strong reputation for math and science. The Round Rock ISD affiliation is a selling point, as the district outperforms Austin ISD on state assessments. Some southern addresses do fall within Austin ISD, so verifying by specific address matters. Daily life balances suburban comfort with easy access to dining and outdoor recreation. The Great Hills Park Trail winds through the greenbelt. St. Edwards Park on Bull Creek offers swimming holes and hiking terrain that feels wild despite surrounding development. The restaurant options nearby are among Austin's best. Truluck's does upscale seafood. Perry's Steakhouse brings its pork chop Friday tradition. Roaring Fork handles Western American cuisine. North Italia covers pasta in a polished setting. Uchiko serves some of the most inventive Japanese food in Texas. Bartlett's anchors the casual American end with steaks and a bar feel. Great Hills occupies middle ground between Cat Mountain's established wealth and newer developments in Cedar Park. It is more affordable than the 360 corridor. It offers more mature landscaping than Burnet Road infill. And it provides better tech corridor access than south Austin at comparable prices. The tradeoff is age - much of the stock is 30 to 40 years old, and buyers should budget for roof replacements, plumbing updates, and foundation work on Central Texas clay. Great Hills makes sense for tech workers at Apple, IBM, or Meta who want a short commute and an established neighborhood. It fits families who value Round Rock ISD without living in Round Rock. It works for anyone who wants upscale dining within five minutes but prefers sleeping in a quiet, tree-covered neighborhood. If you need brand-new construction or walkable urbanism, look elsewhere. But if you want central location, mature trees, good schools, and a golf course visible from your back fence, Great Hills checks those boxes.
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