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Duplex Portfolio N Austin and Georgetown 3 Multifamily Properties Offered at $1,500,000 in Multiple Locations



Investment Highlights
- Fully leased six-unit duplex portfolio with in-place rental income.
- Includes assets in both North Austin and Georgetown, Texas.
- Ownership has maintained the portfolio for more than 20 years.
- Offered at $1.5 million with reported annual NOI of $79,879.
- Recent roof replacements completed across all three properties.
- Convenient access to Interstate 35, Braker Lane, and Williams Drive corridors.
Executive Summary
This three-property duplex portfolio presents an opportunity to acquire a fully leased multifamily investment in two of Central Texas' most established residential markets. Offered at $1.5 million, the portfolio generates approximately $79,879 in annual net operating income and is positioned to appeal to investors seeking stable in-place cash flow and potential 1031 exchange replacement property options.
The portfolio consists of one duplex in North Austin's Walnut Forest neighborhood and two duplexes in Georgetown's Rocky Hollow Estates neighborhood. The Austin asset benefits from its location one block west of Interstate 35 and Braker Lane, providing convenient access to major employment centers, retail amenities, and transportation corridors throughout the Austin metropolitan area. The Georgetown properties are situated near Williams Drive and Wagon Wheel, offering connectivity to Georgetown's expanding residential and commercial districts.
Ownership has maintained the properties for more than two decades, with recent capital improvements that support long-term asset performance. The Austin property received a new roof in 2024 and a new cedar fence in 2025. Both Georgetown duplexes received new metal roofs in 2025. Marketing materials indicate the interiors are well maintained and present in like-new condition. Long-term lease commitments at the Georgetown properties provide visibility into future income streams, while the portfolio's fully leased status delivers immediate revenue from day one of ownership.
The portfolio consists of one duplex in North Austin's Walnut Forest neighborhood and two duplexes in Georgetown's Rocky Hollow Estates neighborhood. The Austin asset benefits from its location one block west of Interstate 35 and Braker Lane, providing convenient access to major employment centers, retail amenities, and transportation corridors throughout the Austin metropolitan area. The Georgetown properties are situated near Williams Drive and Wagon Wheel, offering connectivity to Georgetown's expanding residential and commercial districts.
Ownership has maintained the properties for more than two decades, with recent capital improvements that support long-term asset performance. The Austin property received a new roof in 2024 and a new cedar fence in 2025. Both Georgetown duplexes received new metal roofs in 2025. Marketing materials indicate the interiors are well maintained and present in like-new condition. Long-term lease commitments at the Georgetown properties provide visibility into future income streams, while the portfolio's fully leased status delivers immediate revenue from day one of ownership.
Property Facts
| Price | $1,500,000 | Number of Properties | 3 |
| Price / SF | $207.93 / SF | Individually For Sale | 0 |
| Cap Rate | 5.33% | Total Building Size | 7,214 SF |
| Sale Type | Investment | Total Land Area | 0.83 AC |
| Status | Active |
| Price | $1,500,000 |
| Price / SF | $207.93 / SF |
| Cap Rate | 5.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,214 SF |
| Total Land Area | 0.83 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 601 E Covington Dr, Austin, TX 78753 | Multifamily | 2,446 SF | 1969 | - |
| 3705 Rocky Hollow Trl, Georgetown, TX 78628 | Multifamily | 2,384 SF | 1983 | - |
| 3709 Rocky Hollow Trl, Georgetown, TX 78628 | Multifamily | 2,384 SF | 1983 | - |
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Duplex Portfolio N Austin and Georgetown
