Are you looking for a multifamily family property that doesn't feel like a duplex? Situated in Austin's thriving 78758 area, 1011 Chesapeake Dr was built as a single-family house with a "granny flat" added to the large lot later. Sharing a roof but no common walls means more privacy and a homier feel for both units. This turnkey investment already has tenants in place, ensuring immediate rental income, though the back house will soon be month-to-month. The front house was recently owner occupied for over a decade, and the property has been well maintained with significant upgrades, including double-paned windows for reduced noise & lower energy bills, and the replacement of cast iron plumbing with durable PVC. A custom privacy fence separates the outdoor spaces, creating a comfortable and secluded environment for residents. The established herbs & fruit trees, separate on-site laundry facilities, and ample storage for both units invite reliable tenants who value their home. Conveniently located with easy access to major highways, shopping, tech hubs, and the future airport light rail, it's also walking distance to the Rapid Route bus to UT. This duplex presents an excellent opportunity for both investors and owner-occupants seeking a low-maintenance, income-generating property. Schedule a showing today!
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Location
1011 Chesapeake DR, Austin, TX 78758
Status
For Sale
Property Amenities
Interior
FireplaceLiving Room, Wood Burning
AppliancesDishwasher, Gas Range
FlooringLaminate, Tile
Other Interior FeaturesBreakfast Bar, Ceiling Fan(s), Primary Bedroom on Main
Area & Lot
Lot Area8,045.53 Sq.Ft.
Living area2,411 Sq.Ft.
MLS® ID6808224
Year Built1967
School DistrictAustin ISD
High SchoolNavarro Early College
Middle SchoolBurnet (Austin ISD)
Elementary SchoolWooldridge
Water FrontageNone
View DescriptionNone
TypeMulti-Family
StatusFor Sale
Exterior
Stories1
Air conditioningCeiling Fan(s), Central Air
Heat typeCentral, Fireplace(s)
Disability FeaturesNone
Water SourcePublic
Garage Space1.0
SewerPublic Sewer
Other Exterior FeaturesDog Run, Private Yard, See Remarks
ParkingDetached, Driveway, Garage
Lot FeaturesBack Yard, Curbs, Front Yard, Level, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft)
Austin is the Capital of Texas and is surrounded by Lady Bird Lake. Trails to run, bike, and enjoy the water right in Central Austin! Visit and see what this vibrant city brings everyone here to stay! We still want to "keep Austin weird" and enjoy music, festivals, culture, events, Austin City Limits, F1, COTA, and so much more!