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5619 Jacaranda Dr - 5619 Jacaranda Duplex 2 Unit Apartment Building Offered at $485,030 CAD Austin, TX 78744

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INVESTMENT HIGHLIGHTS

  • Buy-and-hold, value-add, or house-hack in a proven rental corridor.
  • Rare 78744 duplex at an entry-level multifamily price point.
  • Vacant unit ready for lease-up. Second unit offers clear rent and renovation upside.

EXECUTIVE SUMMARY

5619 Jacaranda Drive offers a rare opportunity to acquire a duplex in South Austin’s 78744 at a price point that has become increasingly difficult to find. The property is well suited for both investors and owner-occupants seeking a house-hack strategy with immediate income and long-term upside.
Unit A is currently vacant and has recently undergone approximately $8,000 in make-ready improvements, including fresh interior paint throughout, new flooring in all three bedrooms, and updated plumbing fixtures. The unit was previously rented at $1,850 and is currently being marketed in the $1,595–$1,695 range to achieve a quick lease-up. Overall condition is good relative to comparable properties in the area, and early leasing activity has been strong.
Unit B is tenant-occupied at $1,400 per month. The rent reflects the tenant taking the unit without a full make-ready and needing a quick move-in. This creates a clear value-add opportunity for a future owner through renovation and rent repositioning at lease expiration.
The property has benefited from notable capital improvements, including a GAF Timberline 30-year dimensional shingle roof installed in 2016 and a newer condenser for Unit B installed the same year.
For owner-occupants, the duplex presents a compelling house-hack opportunity, allowing a buyer to live in one unit while rental income from the other helps offset monthly housing costs. For investors, the asset offers immediate cash flow, upside through improvements, and long-term hold potential in a growing South Austin submarket with continued demand for attainable rental housing.

PROPERTY FACTS

Price $485,030 CAD
Price Per Unit $242,515 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 2,036 SF
Average Occupancy 50%
No. Stories 1
Year Built 1979
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 - -
  • Listing ID: 39018420

  • Date on Market: 2026-01-08

  • Last Updated:

  • Address: 5619 Jacaranda Dr, Austin, TX 78744

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