— bed, — bath, 2,326 sqft on 0.26 acres in Austin. Austin, TX 78745. $475,000. Austin ISD.
About This Home
An updated single-story South Austin duplex on a 0.26-acre SF-3 lot, a few blocks from the South 1st Street and William Cannon Drive corridor. The building has 2,326 square feet across two units, each with its own entrance, its own fireplace, its own laundry area and off-street parking. Built in 1980 and renovated since, both sides carry luxury vinyl plank flooring, white shaker cabinetry with stainless appliances, and tiled showers. The building sits on a slab foundation under a composition shingle roof, with central heat and air.
Unit B is the larger rear unit with three bedrooms and two full baths. It is currently month-to-month, so it can be delivered vacant at closing or kept in place. Unit A has two bedrooms and two full baths and is leased through the end of the year, with a tenant who is open to extending. That combination works for an investor who wants income on day one, or for an owner-occupant who moves into the three-bedroom side and lets the two-bedroom side help carry the payment.
The lot is the long-term story. At just over a quarter acre with SF-3 zoning, the backyard may have room for an additional unit, subject to City of Austin requirements and approvals. In the meantime the property keeps producing rent.
The location keeps daily life close. South 1st has shopping and restaurants close by, and William Cannon Drive connects east to I-35 and west to MoPac. Dittmar Neighborhood Park and the neighborhood greenbelt are a short trip away, and Pleasant Hill Elementary is under a mile from the front door. Bedichek Middle School sits about a tenth of a mile away.
Duplexes with this level of updating, on a lot this size, do not come up often in 78745. It is priced to move in the current market and is a strong fit for a first investment property, a portfolio addition, or a house-hack with upside.
- Property Type
- Residential Income
- Year Built
- 1980
- Lot Size
- 0.26 acres
- Price / Sq Ft
- $204
Listing information last updated November 4, 2026.
Listed by Deal Smith Realty LLC
MLS# 5495234 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Open Floorplan
- Recessed Lighting
- Soaking Tub
- Walk-In Closet(s)
- Wired for Data
- Dishwasher
- Dryer
- Gas Cooktop
- Gas Range
- Microwave
- Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Tile
- Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 2
Exterior & Lot
- Private Yard
- Brick Veneer
- Masonry – Partial
- Frame
- Curbs
- Level
- Public Maintained Road
- Trees-Medium (20 Ft - 40 Ft)
- Back Yard
- Chain Link
- Fenced
- Privacy
- Wood
- Slab
- Roof
- Composition,Shingle
- Lot Size
- 0.26 Acres
- Driveway
- Open
Financial
- Original List Price
- $475,000
- Price per Sq Ft
- $204
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 603 Thelma DR, whoever represented it.
- ActiveListed 2026Current price: $475,000Original list: $475,000MLS 5495234
- Listed · November 3, 2026$475,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $475,000
- Original list
- $475,000
- Price movement
- No verified reduction
- Listed / DOM
- Nov 3, 2026 · 7 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $535,162
- Assessment Year
- 2025
- Year Built
- 1980
- Parcel ID
- 000000334507
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.7% | — | $535,162 | $84,726 | $129,340 |
2024+3.9% | — | $612,713 | $288,750 | $226,250 |
2023+41.1% | — | $589,573 | $288,750 | $323,963 |
2022+9.3% | — | $417,818 | $288,750 | $300,823 |
2021 | — | $382,403 | $131,250 | $286,568 |
Zoned Schools
Crockett
Bedichek
Pleasant Hill
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($95K)
Adjustable assumption - not a lending recommendation.
Home price
$475,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
$204/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
7 days
Original to current
No verified reduction
$475K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 4, 2026.
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