603 Thelma DR
Austin, TX, 78745
$475,000
Beds
0 Baths
2,326 SqFt
0.26 Acres
Add
MLS #5495234 image #0
An updated single-story South Austin duplex on a 0.26-acre SF-3 lot, a few blocks from the South 1st Street and William Cannon Drive corridor. The building has 2,326 square feet across two units, each with its own entrance, its own fireplace, its own laundry area and off-street parking. Built in 1980 and renovated since, both sides carry luxury vinyl plank flooring, white shaker cabinetry with stainless appliances, and tiled showers. The building sits on a slab foundation under a composition shingle roof, with central heat and air.

Unit B is the larger rear unit with three bedrooms and two full baths. It is currently month-to-month, so it can be delivered vacant at closing or kept in place. Unit A has two bedrooms and two full baths and is leased through the end of the year, with a tenant who is open to extending. That combination works for an investor who wants income on day one, or for an owner-occupant who moves into the three-bedroom side and lets the two-bedroom side help carry the payment.

The lot is the long-term story. At just over a quarter acre with SF-3 zoning, the backyard may have room for an additional unit, subject to City of Austin requirements and approvals. In the meantime the property keeps producing rent.

The location keeps daily life close. South 1st has shopping and restaurants close by, and William Cannon Drive connects east to I-35 and west to MoPac. Dittmar Neighborhood Park and the neighborhood greenbelt are a short trip away, and Pleasant Hill Elementary is under a mile from the front door. Bedichek Middle School sits about a tenth of a mile away.

Duplexes with this level of updating, on a lot this size, do not come up often in 78745. It is priced to move in the current market and is a strong fit for a first investment property, a portfolio addition, or a house-hack with upside.
Listing Provided Courtesy of Deal Smith Realty LLC

Property Details

Price:
$475,000
MLS #:
5495234
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Buckingham Estates Sec 3
Listed Date:
Nov 3, 2026
Finished Sq Ft:
2,326
Lot Size:
11,269 sqft / 0.26 acres (approx)
Year Built:
1980
Buckingham Estates Sec 3Austin IsdPleasant HillBedichekCrockettCity

Ask a Question

See this Listing

Send
  

Schools

School District:
Austin ISD
Elementary School:
Pleasant Hill
Middle School:
Bedichek
High School:
Crockett

Interior

Appliances
Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
Cooling
Ceiling Fan(s), Central Air
Fireplaces Total
2
Flooring
Tile, Vinyl
Heating
Central
Interior Features
Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wired for Data
Levels
One

Exterior

Accessibility Features
None
Community Features
Storage
Direction Faces
North
Exterior Features
Private Yard
Fencing
Back Yard, Chain Link, Fenced, Privacy, Wood
Lot Features
Curbs, Level, Public Maintained Road, Trees-Medium (20 Ft – 40 Ft)
Other Structures
Storage
Parking Features
Driveway, Open
Patio And Porch Features
None
Roof
Composition, Shingle
View
City
Waterfront Features
None
Window Features
Blinds, Double Pane Windows, Tinted Windows, Vinyl Windows

Financial

Taxes
$9,303

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Multi Family in Austin as of Nov 03, 2026
191
Multi Family Listed
135
Avg DOM
300
Avg $ / SqFt
$698,846
Avg List Price

Property Summary

    Located in the Buckingham Estates Sec 3 subdivision, 603 Thelma DR Austin TX is a Multi Family for sale in Austin, TX, 78745. It is listed for $475,000 To schedule a showing of MLS#5495234 at 603 Thelma DR in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

Similar Listings Nearby

broker reciprocity
MLS# 9369856broker reciprocity
5201 Bogey CT
Austin, TX

$609,900

2.9 miles away

broker reciprocity
MLS# 1877366broker reciprocity
2504 Audubon PL
Austin, TX

$600,000

3.8 miles away

broker reciprocity
MLS# 8878569broker reciprocity
2603 Howellwood WAY
Austin, TX

$595,000

2.9 miles away

broker reciprocity
MLS# 2352976broker reciprocity
5012 Cana CV
Austin, TX

$589,000

4.2 miles away

broker reciprocity
MLS# 4654527broker reciprocity
7301 Dan Jean DR
Austin, TX

$575,000

1.0 miles away

broker reciprocity
MLS# 7719628broker reciprocity
300 W William Cannon DR
Austin, TX

$560,000

0.4 miles away

broker reciprocity
MLS# 1196829broker reciprocity
2304 Cedrick CV
Austin, TX

$550,000

2.6 miles away

broker reciprocity
MLS# 5944367broker reciprocity
1716 Rockbridge TER
Austin, TX

$549,999

4.0 miles away

broker reciprocity
MLS# 4279710broker reciprocity
808 Ramble LN
Austin, TX

$549,900

1.3 miles away

broker reciprocity
MLS# 7355694broker reciprocity
3312 Thomas Kincheon ST
Austin, TX

$525,000

2.8 miles away

603 Thelma DR
Austin, TX