512-694-5661 RenataDovzak@gmail.com

601 E Covington DR #A & B, Austin, TX 78753 (MLS # 1420721)

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PRICE $550,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,223 sqft
LOT SIZE 15,037 sqft

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

LAST UPDATED 8/31/2026 TRACT Walnut Forest
YEAR BUILT 1969 COMMUNITY Walnut Forest
COUNTY Travis STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Walnut Creek
Jr. High School Dobie (Austin ISD)
High School Navarro Early College


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Free-Standing Gas Range, Refrigerator, Water Heater
AREA 2N
CONSTRUCTION Brick Veneer
EXTERIOR Private Yard
FIREPLACE Yes
HEAT Central, Natural Gas
INTERIOR Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Master Downstairs, Recessed Lighting
LOT 0.3452 acre(s)
LOT DESCRIPTION Back Yard, Corner Lot, Front Yard
LOT DIMENSIONS 105 x 140
PARKING Carport
POOL DESCRIPTION None
STORIES 1
SUBDIVISION Walnut Forest
TAXES 10700.01
UTILITIES Electricity Available, Natural Gas Available
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

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Property listed by Chris Ricker, Landmark Properties
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/1/26 4:43 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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.

This IDX solution is (c) Diverse Solutions 2026.