loading

601 E Covington Dr A & B

Austin, TX 78753
Get Directions →
Just listedJust listed
1,223 Sqft
15,037 Lot Sqft
Residential Income - Duplex

Audio narrative

Get full access to Premium Content

Premium Content such as Sold Prices, Property History Reports and Saved Searches.

Sign in to view Premium Content

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

MLS#
ABORTX-1420721
List Price
$550,000 ($450/Sqft.)
Listing Status
For Sale
Address
601 E Covington Dr A & B
Unit No.
A & B
City
Austin
State
TX
Zip Code
78753
County
Travis County
Subdivision
Walnut Forest
Legal Description
LOT 44 WALNUT FOREST
Property Type
Residential Income - Duplex
Stories
1
Building Size
1,223 Sqft/Public Records
Year Built
1969 /Appraisal District
Lot Size
15,037 Sqft/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Exterior Type
Brick Veneer
Lot Description
Back Yard, Corner Lot, Front Yard, Trees-Large (Over 40 Ft)
Parking
Carport
Parking Space
Garage 0 / Parking 2
Meter Description
Electric Separate,Gas Separate
Utility
Electricity Available,Natural Gas Available
Front Door Face
West
Exterior
Private Yard

Interior

Fireplace
1/Family Room,Gas Log
Furnished
Negotiable
Floors
Tile
Cooling
Central Air
Heating
Central, Natural Gas
Window
Blinds
Appliances
Dishwasher, Disposal, Free-Standing Gas Range, Refrigerator, Water Heater-Gas
Security System
Smoke Detector(s)
Interior
Breakfast Bar, Ceiling Fan(s), Ceiling-Beamed, Cathedral Ceiling(s), Counter-Granite, Electric Dryer Hookup, Gas Dryer Hookup, Primary Bedroom on Main, Recessed Lighting, Washer Hookup

Rooms

Lot Dimention
105 x 140

Lot Information

Lot Size
15,037 Sqft. /Appraisal District
loading
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Information source

unlock MLS
Source last updated Sep 2, 2026 at 06:07 AM
Listing last updated Sep 1, 2026 at 05:07 AM
View website →

Estimate your mortgage payments

Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
--------
-------- --------

Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

View nearby schools view nearby schools

Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
Contact broker