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1915 Margalene WAY
Austin, TX, 78728
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$450,000
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New Roof. Updated Duplex in Prime North Austin 1915 Margalene Way, Austin, TX 78728 Do not miss this turnkey duplex in the highly desirable Wells Branch community. This well maintained 3 bedroom, 2 bathroom property offers immediate rental income and strong long term appreciation potential in one of North Austin’s most in demand locations. Unit B has been updated and is move in ready for an owner occupant. Unit A is currently leased at $1,450 per month on a month to month basis, offering flexibility for future plans. This setup is ideal for house hacking or for investors looking to offset their mortgage with rental income. The interior features a bright open floor plan with a cozy fireplace, 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 and dryer convey, making this an easy property to occupy or lease. There is no HOA, though some deed restrictions apply through Wells Branch MUD. The property includes a private fenced backyard with a deck, a one car garage, and low maintenance finishes throughout. A new roof adds peace of mind. The home shows beautifully and is ready for tenants or a new owner. The location offers quick access to Mopac, I 35, and toll roads, with major employers such as Apple, Dell, and IBM nearby. The Domain, HEB, Whole Foods, parks, and trails are just minutes away. Wells Branch also offers 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.
Property Type
Residential Income
Year Built
1984
Lot Size
0.19 acres
$/Sq Ft
$232
Garage
2 spaces
Listed by AIR Property Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1915 Margalene WAY is listed at $450,000 with 0 bedrooms, 1,936 square feet, 0.19-acre lot. This places it above the 78728 median of $425,000.
1915 Margalene WAY is zoned for Pflugerville ISD with assigned schools: Northwest (2/10) (elementary), Westview (2/10) (middle), John B Connally (6/10) (high). School assignments should be verified directly with the district.
1915 Margalene WAY is a Residential Income built in 1984 featuring 0 bedrooms, 1,936 square feet, 0.19-acre lot.
1915 Margalene WAY 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.
The most recent annual property tax for 1915 Margalene WAY is $8,587. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 |
|---|---|---|---|---|
2025-49.3% | — | $397,989 | $190,202 | $207,787 |
2024+15.5% | — | $785,390 | $275,000 | $295,302 |
2023+87.8% | — | $680,054 | $275,000 | $510,390 |
2022+26.2% | — | $362,209 | $275,000 | $405,054 |
2021 | — | $287,029 | $75,000 | $287,209 |
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% ($90K)
$450,000
Luxury property intelligence
A sourced read on Wells Branch Ph C Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
$232/sqft
Vs. Wells Branch Ph C Sec 03 median
Not available
Days on market
306 days
Original to current
No verified reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($90,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1915 Margalene WAY is around $3,051 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $450,000, 1915 Margalene WAY is in the Wells Branch Ph C Sec 03 market where there are currently 29 active listings in 78728. The Keenan Group has completed 3 transactions in 78728 as part of 1,000+ career sales totaling $1B+ across Austin.
1915 Margalene WAY was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
1915 Margalene WAY 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.
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 |
|---|---|---|---|---|
2025-49.3% | — | $397,989 | $190,202 | $207,787 |
2024+15.5% | — | $785,390 | $275,000 | $295,302 |
2023+87.8% | — | $680,054 | $275,000 | $510,390 |
2022+26.2% | — | $362,209 | $275,000 | $405,054 |
2021 | — | $287,029 | $75,000 | $287,209 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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