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$469,000

13355 Water Oak LN, Austin, TX 78729

Clear Creek Add

Sq Ft2,018
Acres0.15
Year Built1984

About This Property

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 qualification 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.

Property Details

Property TypeMulti-Family
MLS #4650251
Days on Market53
Lot Size0.15 acres
Listed3/28/2026
Last Updated3/28/2026

Location

County
Williamson
School District
Round Rock ISD
MLS Area
NW

Size

Lot Description
Greenbelt, Back Yard, Front Yard
$/Acre
$3,126,667

Improvements

Garage Spaces
2
Fence
Back Yard, Wood
Exterior Features
Gutters Full
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater
Flooring
No Carpet, Tile
Fireplaces
Wood Burning
Fireplace Count
2
Windows
Blinds, Window Treatments
Construction Materials
Brick Veneer, Wood Siding
Foundation
Slab
Roof
Composition
Direction Faces
South
Patio / Porch
Patio
View
None
Community Features
Cluster Mailbox, Curbs, Trail(s)
Covered Spaces
2
Parking Features
Attached, Driveway, Garage, Garage Faces Front, Side By Side

Location

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Listing provided by Laurie Flood · Keller Williams Realty · (512) 758-6698

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$469,000