13355 Water Oak Lane, Austin, TX

$449,000

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2,018

Square feet

0.15

Acres

About 13355 Water Oak Lane

Strategic duplex investment - live for less while building wealth in NW Austin. Rare opportunity to own a cash-flowing duplex backing to greenbelt, providing privacy, nature access, and long-term value appreciation in NW Austin’s proven rental market. This property is perfectly positioned for the savvy investor seeking immediate rental income with owner-occupant financing advantages. One side is leased to a long-term tenant at market rate (9 years), while the other side is vacant and move-in ready — perfect for an owner-occupant looking to offset a large portion of their mortgage with rental income. This is house-hacking at its finest. Live in one unit while your tenant covers part of your mortgage payment. Take advantage of lower interest rates, lower down payment options, and easier qualification with an owner-occupied loan while building equity and gaining the full benefit of future market appreciation on the entire property — even while only paying a portion of the mortgage yourself. Both units offer 2 bedrooms, 2 baths, spacious living areas with cozy fireplaces, convenient hard tile flooring throughout no carpet, 1-car garages, and private fenced backyards backing to a small creek and wooded greenbelt. Zoned to highly rated Round Rock ISD schools and just two blocks from the scenic Lake Creek hike and bike trail. Located in Austin's tech corridor with quick access to Parmer Ln, Hwy 183, SH 45, the MetroRail, and major employers like Apple, eBay, Electronic Arts, Dell Children's, and Texas Children's Hospitals. Plus, you're just minutes from shopping, dining, and entertainment - including Austin's second downtown, The Domain.

Features of 13355 Water Oak Lane

MLS® # 4650251
Price $449,000
Square Footage 2,018
Acres 0.15
Year Built 1984
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 13355 Water Oak Lane
Area NW
Subdivision Clear Creek Add
City Austin
County Williamson
State TX
Zip Code 78729

Amenities

Utilities Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Features Community Mailbox, Curbs, Trails/Paths
Parking Attached, Driveway, Garage Faces Front, Garage, Side By Side
Garage Spaces 2
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Carpet Free, Tile
Interior Features Ceiling Fan(s), Main Level Primary, No Interior Steps, Pantry, Walk-In Closet(s)
Appliances Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Heating Central, Electric
Fireplace Yes
# of Fireplaces 2
Fireplaces Wood Burning
# of Stories 1
Stories One

Exterior

Exterior Features Rain Gutters
Lot Description Back Yard, Front Yard, Backs to Greenbelt/Park
Roof Composition
Construction Brick Veneer, Wood Siding
Foundation Slab

School Information

District Round Rock ISD
Elementary Live Oak
Middle Deerpark
High McNeil

Additional Information

Date Listed March 28th, 2026
Days on Market 179
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact Info512-576-1504

Listing Map

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