Step into luxury and convenience with this recently renovated duplex, strategically located less than 7 minutes from the vibrant Domain. **Roof Replaced in December 2023** This property is not just a home; it's a potential cash cow, presenting an enticing opportunity for both savvy investors and those seeking a place to call home. With one side already leased until March 2027, enjoy the immediate benefit of rental income while residing in the comfortable 2-bdr, 2-bath unit. The other side, a spacious 3-bdr, 2-bath haven, is ready to contribute to offsetting your monthly mortgage. Both sides boast a contemporary aesthetic with brand-new vinyl plank flooring, updated appliances (including refrigerators), modern free-standing ranges and microwaves, elegant granite countertops, ceiling fans, and recent paint throughout. The property's allure extends beyond its stylish interiors—the quite location is a hotspot for rentals, given its proximity to the Domain, hospitals, ACC, Austin FC, HEB, P-Terry’s and major high-tech employers within easy biking distance. Convenience is key, with rear alley garage entry for both sides and additional parking space. No HOA fees mean freedom and flexibility for homeowners. Schedule a tour of Side A to experience the charm firsthand, and upon contract, inspection review and explore Side B. Don't miss your chance to invest in luxury living and smart financial gains.
Listed by Scott McManus
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License #613775
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Noteworthy Properties
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(512) 779-8993
Listed by Jason Patrick
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License #836984
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Noteworthy Properties
Last updated April 25, 2026
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Source: ACTRIS #3194219
Listing Facts
TypeMulti-family
NeighborhoodGracy Woods
Days on Prevu7
Taxes$11,177.25/year
Size1,980 sqft
Price per sqft$265
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
04/24/2026
Listed by Noteworthy Properties
$525,000
Property Details for 12303 Alderbrook DR
Association
Amenities
Community Features: Curbs
Pets Allowed: Negotiable
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: Composition
Window Features: Aluminum Frames, Blinds
Year Built: 1983
Construction Materials: Brick, Wood Siding
Features
Direction Faces: NW
Fencing: Back Yard, Front Yard, Wood
Patio And Porch Features: Side Porch
View: City
Measurements
Lot Features: Alley Access, City Lot
Lot Size Acres: 0.20
Lot Size Area: 0
Lot Size Dimensions: 51,150
Lot Size Square Feet: 9,138
Financial
Taxes
Parcel Number: 02601604020000
Tax Annual Amount: $11,177.25
Tax Assessed Value: $565,959.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Free-Standing Gas Range, Refrigerator, Free-Standing Refrigerator
Flooring: Vinyl, See Remarks
Interior Features: Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Gas Dryer Hookup, Primary Bedroom On Main
Measurements
Living Area: 1,980
Living Area Source: Public Records
Other
Location
Subdivision Name: North Star Sec 02
Tax Block: B
Tax Lot: 1
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear, Off Street, Parking Pad
Parking Total: 4
Schools
Elementary School
Elementary School: Pillow
Elementary School District: Austin ISD
High School
High School: Anderson
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: Burnet (Austin ISD)
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: Ceiling, Forced Air, Natural Gas
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Other Equipment: Dryer Connections, Electric Dryer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 12303 Alderbrook DR.
What schools are nearby to 12303 Alderbrook DR?
Nearby schools include the Pillow Elementary School, Burnet (Austin ISD) Middle School, and Anderson High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 12303 Alderbrook DR.
What are the annual taxes for 12303 Alderbrook DR?
Annual taxes for this multi-family home are estimated at $11,177.
How does 12303 Alderbrook DR compare to other multi-family homes in Gracy Woods?
This multi-family home is listed 7% below the average price for multi-family homes in Gracy Woods and has been on the market for 62 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 1,980 sqft.
12303 Alderbrook DR is a -bedroom multi-family home for sale in Austin TX 78758. Listed on Prevu for 7 days at $525,000. This property features 1,980 square feet of living space, located in Gracy Woods. The median listing price for multi-family homes in this area is $470,000. Nearby schools include Pillow Elementary School, Burnet (Austin ISD) Middle School, and Anderson High School. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, and swimming pool. Browse 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.
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.