$550,000
Studio
1,223 sqft (on 0.35 acres)
601 E Covington Dr #A & B, Austin, TX 78753
Est. Mortgage $3,563/mo*
Get Pre-QualifiedHome Highlights
Outdoor
Patio
Price/Sqft
$450
Climate Control
Central, Natural Gas & Central Air
Listed
Less than a day ago
Local Information
- Map ViewExplore the area around 601 E Covington Dr #A & B.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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 check for updates: about 7 hours ago
Listing courtesy of Chris Ricker, (512) 255-8873
Landmark Properties, (512) 255-8873
Source: Unlock MLS, MLS#1420721
Also Listed on Unlock MLS.
Home Details for 601 E Covington Dr #A & B
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MLS Status: Active |
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Dimensions and Layout Living Area: 1223 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Natural Gas AvailableAppliances: Dishwasher, Disposal, Free-Standing Gas Range, Refrigerator, Gas Water HeaterDishwasherDisposalRefrigerator |
Heating & Cooling Heating: Central, Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family Room, Gas Log |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: BlindsFlooring: Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Tile |
View No ViewView: None |
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Exterior Home Features Roof: CompositionPatio / Porch: PatioFencing: Chain Link, Fenced, PrivacyOther Structures: NoneExterior: Private YardFoundation: Slab |
Parking & Garage No GarageNo Attached GarageParking: Carport |
Pool Pool: None |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: See Remarks |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Not a New Construction |
Property Information Condition: ResaleParcel Number: 02502319040000 |
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Price List Price: $550,000Price Per Sqft: $450 |
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Direction & Address City: AustinCommunity: Walnut Forest |
School Information Elementary School: Walnut CreekElementary School District: Austin ISDJr High / Middle School: Dobie (Austin ISD)Jr High / Middle School District: Austin ISDHigh School: Navarro Early CollegeHigh School District: Austin ISD |
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Listing Agent Listing ID: 1420721 |
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Community Features: None |
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No HOA |
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Lot Area: 0.35 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, FMHA (Fannie Mae), Lender Approval, VA Loan |
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Mls Number: 1420721Attribution Contact: (512) 255-8873 |
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None |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Gracy Woods
At least 1 Trulia users voted on each feature.
100 % Say neighbors are friendly
100 % Say parking is easy
100 % Say car is needed
100 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Austin
Last updated July 2026
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.42 | Multi-Family Home | - | 04/20/26 | 5 | 3 | 1,976 | |
3.96 | Multi-Family Home | - | 12/10/25 | 4 | 2 | 2,091 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $499,990 | 4 | 2 | 1,784 | For Sale | |
0.15 | $158,100 | 3 | 2 | 1,120 | Off Market | |
0.15 | $252,800 | 3 | 2 | 1,624 | Off Market | |
0.15 | $489,990 | 3 | 2 | 2,029 | For Sale | |
0.14 | $384,900 | 3 | 2 | 1,348 | For Sale | |
0.19 | $395,000 | 3 | 2 | 1,398 | For Sale | |
0.26 | - | 3 | 2 | 1,735 | Off Market | |
0.27 | $419,950 | 3 | 2 | 1,749 | For Sale | |
0.29 | $390,000 | 3 | 2 | 1,562 | For Sale | |
0.35 | - | 3 | 2 | 1,406 | Recently Sold | |
0.38 | $389,900 | 3 | 2 | 1,645 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2026 Source: Unlock MLS #1420721 | Listed For Sale | $550,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Chris Ricker, Landmark Properties, (512) 255-8873
Agent Phone: (512) 255-8873
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-08-30 23:33:40 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. Some IDX listings have been excluded from this website. Click here for more information
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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 601 E Covington Dr #A & B
- What is the estimated monthly payment for 601 E Covington Dr #A & B?Based on a $550,000 list price with 20% down at today's rates, the estimated monthly payment for 601 E Covington Dr #A & B in Austin, TX is approximately $3,622 (about $2,878 principal & interest, $669 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 601 E Covington Dr #A & B compare to homes in Austin?601 E Covington Dr #A & B in Austin, TX is listed at $550,000, about 6% below the $586K median sale price in Austin.
- What are the closest schools to 601 E Covington Dr #A & B?The closest schools to 601 E Covington Dr #A & B in Austin, TX are Dobie Middle School (rated 1/10), Navarro Early College High School (rated 2/10), Walnut Creek Elementary School (Pre-K, rated 3/10).
- Does 601 E Covington Dr #A & B have air conditioning?Yes, 601 E Covington Dr #A & B in Austin, TX has air conditioning.
- Does 601 E Covington Dr #A & B have parking?Yes, 601 E Covington Dr #A & B in Austin, TX has on-site parking.
601 E Covington Dr #A & B, Austin, TX 78753 is a studio, 1,223 sqft multi-family built in 1969. 601 E Covington Dr #A & B is located in Gracy Woods, Austin. This property is currently available for sale and was listed by Unlock MLS on Aug 31, 2026. The MLS # for this home is MLS# 1420721.