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13355 Water Oak Lane

Austin, TX 78729
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Bed 4

Bed

Bath 4

Bath

SqFt2,018

Sqft

Acres0.15

Acre(Lot)

Strategic duplex investment - live for less while building wealth in NW Austin. Rare opportunity to own a cash-flowing duplex backing to greenbelt, providing privacy, nature access, and long-term value appreciation in NW Austin’s proven rental market. This property is perfectly positioned for the savvy investor seeking immediate rental income with owner-occupant financing advantages. One side is leased to a long-term tenant at market rate (9 years), while the other side is vacant and move-in ready — perfect for an owner-occupant looking to offset a large portion of their mortgage with rental income. This is house-hacking at its finest. Live in one unit while your tenant covers part of your mortgage payment. Take advantage of lower interest rates, lower down payment options, and easier qu alification with an owner-occupied loan while building equity and gaining the full benefit of future market appreciation on the entire property — even while only paying a portion of the mortgage yourself. Both units offer 2 bedrooms, 2 baths, spacious living areas with cozy fireplaces, convenient hard tile flooring throughout no carpet, 1-car garages, and private fenced backyards backing to a small creek and wooded greenbelt. Zoned to highly rated Round Rock ISD schools and just two blocks from the scenic Lake Creek hike and bike trail. Located in Austin's tech corridor with quick access to Parmer Ln, Hwy 183, SH 45, the MetroRail, and major employers like Apple, eBay, Electronic Arts, Dell Children's, and Texas Children's Hospitals. Plus, you're just minutes from shopping, dining, and entertainment - including Austin's second downtown, The Domain.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $459,000

AD Id : 76611126

MLS Id : 4650251

Beds : 4

Lot Size : 0.15 Acre

Living Area Size : 2,018

Year Built : 1984

Garage : 2

County : Williamson

Subdivision: Clear Creek Add

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Feature Features

  • Interior Features

    CeilingFans, MainLevelPrimary, NoInteriorSteps, Pantry, WalkInClosets
    Roof: Composition
    Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
    Laundry Features: InGarage, WasherHookup, ElectricDryerHookup
  • Heating & Cooling

    Heating: Central, Electric Has Cooling: Yes

  • Building Information

    Year Built: 1984
    Construction Materials: BrickVeneer, WoodSiding
    Stories: 1
    Private Pool: No
    Water front Features: None
    View: None
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 0.15 Lot Size Acres: 0.15 Lot Description: BackYard,FrontYard,BacksToGreenbeltPark

    Property Information

    Subdivision: Clear Creek Add Source Property Type: ResidentialIncome Property SubType: Duplex Direction Faces: South Levels: One Property Age: 42

  • Listing Price Information

    Listing Price: $459000
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 163613000A0019 Tax Lot: 19 Tax Block: A Tax Year: 2025 Annual Tax: $8334.36 Tax Legal Desc: CLEAR CREEK ADDITION, BLOCK A, LOT 19

  • Parking Information

    Attached, Driveway, GarageFacesFront, Garage, SideBySide

    Garage Information

    Garage Space: 2 Pets Allowed: Negotiable

  • School Information

    Elementary School: Live Oak Junior High School: Deerpark Senior High School: McNeil
  • Utility Information

    ElectricityAvailable, ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: North on Parmer Lane - Turn left onto Anderson Mill Road, right on Morris Road (at the light), right onto the last street, Water Oak Lane. Property will be on the left. WaterSource: Public
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Nearby Home Value

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9901 Parliament House R.., Austin, TX, 78729 $500,000 5 4 --

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ByOwner last updated this listing 06/10/2026 @ 00:35

MLS: 4650251 LISTED BY: Laurie Flood, Keller Williams Realty 512-346-3550 SOURCE: ACTRIS

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