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12003 N Commonwealth WAYAustin, TX 78759

For Sale

$498,000

Smart Buyer Rebate $4,980

An excellent opportunity to acquire a well-located duplex currently leased with long-term tenants in place, providing immediate and stable income. The property offers strong fundamentals with functional layouts, generous natural light, and private living spaces that appeal to long-term renters. Located on Commonwealth Way, this duplex benefits from a desirable neighborhood setting with convenient access to major roadways, major employers, shopping, and daily amenities. Each unit feels more like a single-family residence, enhancing tenant retention and long-term value. With rents positioned below market, this property presents a clear opportunity for future rental rate increases, making it an attractive option for investors seeking both steady cash flow and upside potential. Whether held as a long-term asset or optimized through gradual rent adjustments, this duplex offers flexibility, stability, and growth.
Showing Instruct:

Listed by Mary Anne McMahon

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License #9009050

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Christies Intl Real Estate Lone Star

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512-947-9684

Last updated October 29, 2026

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Source: ACTRIS #9204389

Listing Facts

  • TypeMulti-family
  • NeighborhoodLaurel Oaks
  • Days on Prevu3
  • Taxes$9,356.52/year
  • Size1,936 sqft
  • Price per sqft$257

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

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Listing History

10/28/2026
Listed by Christies Intl Real Estate Lone Star
$498,000
  1. 10/28/2026$498,000
    Listed by Christies Intl Real Estate Lone Star

Property Details for 12003 N Commonwealth WAY

Exterior

Construction

  • Property Condition: Resale
  • Roof: Asphalt
  • Window Features: Blinds
  • Year Built: 1983
  • Construction Materials: Frame, Hardi Plank Type

Features

  • Direction Faces: North
  • Fencing: Wood
  • Patio And Porch Features: Covered

Measurements

  • Lot Features: Back Yard, Front Yard
  • Lot Size Acres: 0.22
  • Lot Size Area: 0
  • Lot Size Square Feet: 9,896

Financial

Taxes

  • Parcel Number: 01660503210000
  • Tax Annual Amount: $9,356.52
  • Tax Assessed Value: $538,652.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Built-In Gas Oven, Refrigerator
  • Fireplaces Total: 1
  • Flooring: Carpet, Laminate
  • Interior Features: Ceiling Fan(s), Pantry, Primary Bedroom On Main

Measurements

  • Living Area: 1,936
  • Living Area Source: Public Records

Other

Location

  • Subdivision Name: Barrington Oaks Sec 12
  • Tax Block: B
  • Tax Lot: 6

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Caraway
  • Elementary School District: Round Rock ISD

High School

  • High School: Westwood
  • High School District: Round Rock ISD

Middle or Junior School

  • Middle Or Junior School: Canyon Vista
  • Middle Or Junior School District: Round Rock ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Municipal Utility District (MUD)
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Municipal Utility District (MUD)

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 12003 N Commonwealth WAY.

What schools are nearby to 12003 N Commonwealth WAY?

Nearby schools include the Caraway Elementary School, Canyon Vista Middle School, and Westwood High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 12003 N Commonwealth WAY.

What are the annual taxes for 12003 N Commonwealth WAY?

Annual taxes for this multi-family home are estimated at $9,356.

How does 12003 N Commonwealth WAY compare to other multi-family homes in Laurel Oaks?

This multi-family home is listed 0% below the average price for multi-family homes in Laurel Oaks and has been on the market for 45 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,936 sqft.

12003 N Commonwealth WAY is a -bedroom multi-family home for sale in Austin TX 78759. Available on Prevu for 3 days at $498,000. This residence features 1,936 square feet of living space, located in Laurel Oaks. The median listing price for multi-family homes in this area is $676,500. Nearby schools include Caraway Elementary School, Canyon Vista Middle School, and Westwood High School. The home offers private outdoor space, air conditioning, and parking. Explore more multi-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.