5619 Jacaranda Drive presents a rare opportunity to acquire a duplex in one of South Austin’s most accessible and rapidly evolving submarkets—at a price point that is increasingly hard to find. Ideal for investors or owner-occupants, this property offers immediate income with clear upside potential.
Unit A has recently undergone approximately $8,000 in make-ready improvements following tenant turnover, including fresh interior paint throughout, new flooring in all three bedrooms, and updated plumbing fixtures. The unit is currently being marketed for lease in the $1,595–$1,695 range, with strong activity already, positioning it well for quick stabilization. Overall condition is good relative to similar properties in the neighborhood. Unit B is tenant-occupied on a new 12-month lease at $1,400/month. Rent reflects the tenant taking the unit without a full make-ready, giving the new owner clear value-add opportunity through future renovations and rent repositioning. For owner-occupants, this duplex offers an attractive house-hack scenario: live in one unit while offsetting your mortgage with rental income from the other. Whether occupying the refreshed Unit A or improving Unit B over time, buyers can significantly reduce monthly housing costs while building long-term equity in a growing South Austin location.
The property benefits from key capital improvements, including a GAF Timberline 30-year dimensional shingle roof installed in 2016 and a newer condenser for Unit B. Located in 78744, the property offers convenient access to downtown Austin, major employment corridors, and continued development throughout South and Southeast Austin. With limited supply of attainable duplex inventory, this asset stands out as a compelling entry point for both new and seasoned buyers. Whether you’re building a rental portfolio, pursuing a value-add strategy, or looking to house-hack in Austin at an increasingly rare price point, this is a great opportunity!