13355 Water Oak LN Austin, TX 78729

Listing details for 13355 Water Oak LN, Austin, TX 78729 : 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.