601 E Covington DR A & B,Austin,Travis,Residential Income

601 E Covington DR A & B

MLS# 142072124 days on marketUpdated September 24, 2026 6:14 pm

$ 450 / sqft

$ 550,000

Overview

UpdatedSeptember 24, 2026 6:14 pm
MLS #1420721
Bedrooms0
Size1,223 ft²
Year Built1969

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

Address

Interior

  • AppliancesDishwasher,Free-Standing Gas Range,Disposal,Gas Water Heater,Refrigerator
  • Bathrooms Total Integer0
  • Bedrooms Total0
  • CoolingYes
  • Fireplace FeaturesFamily Room,Gas Log
  • Fireplaces Total1
  • FlooringTile
  • HeatingCentral,Natural Gas
  • Interior FeaturesBeamed Ceilings,Breakfast Bar,Open Beams/Beamed Ceailings,Ceiling Fan(s),Cathedral Ceiling(s),Granite Counters,Main Level Primary,Recessed Lighting
  • Laundry FeaturesLaundry Room,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
  • LevelsOne
  • Living Area1,223
  • Living Area SourcePublic Records
  • Room TypeBedroom,Kitchen,Laundry,Living Room,Primary Bathroom,Primary Bedroom

Exterior

  • Covered Spaces0
  • Direction FacesWest
  • Exterior FeaturesPrivate Yard
  • FencingChain Link,Fenced,Privacy
  • Garage Spaces0
  • Lot FeaturesBack Yard,Corner Lot,Front Yard,Trees Large Size
  • Lot Size Acres0
  • Lot Size Area0
  • Lot Size Dimensions105 x 140
  • Parking FeaturesCarport
  • RoofComposition

Structure

  • Construction MaterialsBrick Veneer
  • Foundation DetailsSlab
  • Number Of Units Total2
  • Property ConditionResale
  • Stories1
  • Year Built1969

Utilities

  • SewerSee Remarks
  • UtilitiesElectricity Available,Natural Gas Available
  • Water SourcePublic

Financial

  • Owner PaysHVAC Maintenance,Insurance,Repairs,Roof Maintenance,Taxes
  • Parcel Number02502319040000
  • Pets AllowedNegotiable
  • Tax Annual Amount10,700
  • Tax Assessed Value522,848
  • Tax Legal DescriptionLOT 44 WALNUT FOREST
  • Tax Lot44
  • Tax Year2026
  • Total Actual Rent3,550

Schools

  • Elementary SchoolWalnut Creek
  • Elementary School DistrictAustin ISD
  • High SchoolNavarro Early College
  • High School DistrictAustin ISD
  • Middle Or Junior SchoolDobie (Austin ISD)
  • Middle Or Junior School DistrictAustin ISD

Location

  • CountryUnited States
  • County Or ParishTravis
  • DirectionsFrom I-35,Go W.on Braker 1 blk,Rt.on Oakwood,Rt.E.Covington
  • Latitude30
  • Longitude-98
  • MLS Area Major2N
  • Postal Code78753
  • Street Direction PrefixE
  • Street NameCovington
  • Street Number601
  • Street Number Numeric601
  • Street SuffixDrive
  • Subdivision NameWalnut Forest
  • Unit NumberA & B
  • Unparsed Address601 E Covington DR A & B

Listing Info

  • Attribution Contact(512) 255-8873
  • Contract Status Change DateAugust 31, 2026
  • Cumulative Days On Market24
  • Days On Market24
  • DisclosuresLead Based Paint Disclosure,Owner Is Listing Agent
  • Documents AvailableLease,Survey
  • List AORAustin Board of Realtors
  • List Agent Direct Phone(512) 663-8961
  • List Agent First NameChris
  • List Agent Full NameChris Ricker
  • List Agent Key13978602
  • List Agent Last NameRicker
  • List Agent Middle NameChristopher
  • List Agent MLS ID574801
  • List Agent National Association ID790610179
  • List Office Emaillandmarktx@aol.com
  • List Office Key983348
  • List Office MLS ID0672
  • List Office NameLandmark Properties
  • List Office Phone(512) 255-8873
  • List Price550,000
  • Listing AgreementExclusive Right To Sell
  • Listing Contract DateAugust 31, 2026
  • Listing ID1420721
  • Listing Key1189190499
  • Listing ServiceFull Service
  • Listing TermsCash,Conventional,FHA,Fannie Mae,Lender Approval,VA Loan
  • Major Change TimestampAugust 31, 2026
  • MLS StatusActive
  • Modification TimestampSeptember 24, 2026
  • Occupant TypeTenant
  • On Market DateAugust 31, 2026
  • Original Entry TimestampAugust 31, 2026
  • Originating System Key242883811
  • Originating System NameACTRIS
  • Photos Change TimestampAugust 31, 2026
  • Photos Count40
  • Showing Contact NameChris Ricker
  • Showing Contact Phone5126638961
  • Showing Contact TypeOwner
  • Source System Key1189190499
  • Special Listing ConditionsStandard
  • Status Change TimestampAugust 31, 2026
  • Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
  • Syndication RemarksExcellent 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
  • Universal Property IDUS-48453-N-02502319040000-R-N

Features & Amenities

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Meet your agent

CR

Chris Ricker

Listing Agent · Landmark Properties

BrokerageLandmark Properties
Agent MLS ID574801
Office MLS ID0672

Get in touch

(512) 921-3417Send a message

Office · (512) 255-8873

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Listing courtesy of Landmark Properties

MLS# 1420721 · Listing agent Chris Ricker · Data last updated September 24, 2026 6:14 pm

CRChris Ricker
HPHeather Powell Residential GroupContact

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